Wall Street Addict

The Dow finished 66 points into positive territory and the Nasdaq closed up 18 points. The technology sector and retail industry is getting a lot of attention as the holiday season is fast approaching. Technology stocks rebounded Friday after the worst week for the Nasdaq since April 2002. Najarian said this week was not that bad for technology. He highlighted Apple (AAPL), which started the week at $165 and finished the week at $165. Cisco Systems and Oracle (ORCL) both enjoyed a great week as well. Najarian suggested that as soon as Research in Motion (RIMM) hits China the stock will make a huge move.
Jim Goldman joined the show crew to discuss his take on Google entering the wireless space. Goldman says Google (GOOG) is going to make a play for the 700mhz spectrum being auctioned off by the FCC in January. Goldman speculates that this network could be worth $4.5 billion.
Henry Blodget caused speculation on Friday after posting on his blog that Microsoft (MSFT) should buy Yahoo! (YHOO) to gain market share in internet search. Finerman doesn't think the idea is outrageous. Macke also feels that Microsoft has plenty of cash to make the deal.
Hewlett-Packard (HPQ) and GameStop (GME) will report earnings next week. Adami loves Hewlett-Packard, but he is worried that expectations might be too high. The rest of the crew more or less agreed.
Najarian says look at the strong stock performance in companies that sell merchandise at Dick's Sporting Goods (DKS) like Under Armour (UA), Crocs (CROX), Nike (NKE) and Calloway (ELY). Macke agrees and said he would buy Dick's right now.
Wal-Mart (WMT) shines among a weak retail sector after posting a solid quarterly report.
FedEx's (FDX) lowered full-year outlook may be predicting an economic slowdown. Macke says FedEx is a legitimate economic indicator especially for the health of the consumer.
Consumer staples like Coca-Cola (KO), Altria (MO), Colgate (CL) and Procter & Gamble (PG) continue to show strength in a weak market. Adami favors Unilever (UL) at its 52-week high and is cheaper then Procter on valuation. Najarian likes Johnson & Johnson (JNJ) which Warren Buffett owns and Merck (MRK).
Crude oil closed at $95 as traders make another attempt at $100. Adami thinks crude is toppy, but Tesoro (TSO) is worth looking at in the mid-$50's. Najarian would prefer a solar stock play.
Pops & Drops
Pops - Cisco (CSCO) traded up 5% this week after announcing a $10 billion stock buyback.
Advanced Micro Devices (AMD) traded up 2% after the Abu Dhabi government took an 8.1% stake worth $622 million.
Lehman Brothers Holdings (LEH) traded up 7%.
Delta Airlines (DAL) traded up 21% after speculation that a merger with United Airlines (UAUA) could occur.
Corning (GLW) traded up 10% after raising their profit forecast for the fourth-quarter.
Garmin (GRMN) traded up 14%
Sotheby's (BID) traded up 16% after selling $316 million in contemporary art on Wednesday.
Crocs (CROX) traded up 10%
Final Trade
Macke feels positive about Dick's Sporting Goods (DKS).
Adami recommends Lazard (LAZ) for an M&A play.
Finerman would short Hovnanian Enterprises (HOV) because of its high debt levels.
Najarian favors DaVita (DVA)

Labels: AAPL, CL, CROX, DKS, ELY, Fast Money Recap, FDX, GME, GOOG, HPQ, JNJ, KO, MO, NKE, ORCL, RIMM, UA, UL, WMT, YHOO

Citigroup (C) fell 5% Monday after news of more write-downs and CEO Chuck Prince’s departure. Charlie Gasparino joined the show to give his opinion on Citigroup. He thinks that Citigroup didn’t pop on the news of Prince leaving because Chairman Robert Rubin failed to communicate the new Citigroup vision that everyone on Wall Street was looking for. Macke thinks that Citigroup has to clear the deck and bring in somebody new to run the company.
Chartology: Technical analyst John Roque of Natexis Bleichroeder was on the show to give his analysis on the technical signs in the market. Roque still likes the longer term trend line on the S&P moving average. He predicts that the financials will be under performers for a long time. Roque also points out that the trend for oil, silver and gold remains up and if history is a guide that up trend will continue. He is positive about Newmont Mining (NEM) and thinks the stock can trade into the high $80’s.
Ethanol: Archer Daniels Midland (ADM) is set to report earnings on Tuesday. Najarian tells investors to look to at Deere (DE) and Bunge (BG) instead. Adami would rather be in Potash (POT) for an ethanol play.
IAC/InterActive Corp (IACI) announced plans Monday to split up into 5 separate companies. Also, Kraft (KFT) is looking to sell its Post cereal business for $2.8 billion. Finerman is happy with the news. Macke also likes Kraft's plans, but he wasn’t a big fan of IAC/InterActive’s plans to spin off divisions. Najarian thinks that Johnson & Johnson (JNJ) could benefit from a break up.
Technology: Google (GOOG) announces plans to create an open platform, Android, for the mobile phone market. Sun Microsystems (JAVA) falls after hours on lighter then expected revenue numbers. Macke thinks companies like VMware (VMW) and its technology could put JAVA out of business in the future. Dell (DELL) announced plans on Monday to buy virtualization software maker EqualLogic for $1.4 billion. Activision (ATVI) reports a second quarter profit as revenue soars.
Word on the Street: Time Warner (TWX) CEO Richard Parsons will step down on January 1st and be replaced by Chief Operating Officer Jeffrey Bewkes. Finerman likes the retail stocks better than financials. She bought call options on Friday and Monday on Crocs (CROX) and also thinks Under Armour (UA) and Dick’s Sporting Goods (DKS) are interesting here. PetroChina (PTR) topped $1 trillion in market cap surpassing Exxon Mobil (XOM). Adami likes that Chevron (CVX) preformed okay in a lousy tape today.
Pops & Drops
Pops -First Solar (FSLR) traded up 10% after hours on news of a $1 billion module supply contract.
Marvel Entertainment (MVL) traded up 16% on a strong profits report.
Mattel (MAT) traded up 4%
Ballard Power Systems (BLDP) traded up 12%
WellCare Health Plans (WCG) popped 22% on a 67% increase in profits.
Sysco (SYY) traded up 2% after reporting a 16% rise in profits.

Labels: ADM, ATVI, BG, BLDP, CROX, DE, DELL, DKS, Fast Money Recap, GOOG, IACI, JAVA, JNJ, MAT, MVL, NEM, POT, TWX, UA, VMW

The Dow dropped 362 points and the Nasdaq fell 64 points Thursday, crushing the stock market. The Chairman & CEO of Merriman Curhan Ford & Co, Jonathan Merriman, joined the show to discuss stocks he feels have potential in the selloff. Merriman likes Smith & Wesson (SWHC) here and thinks it's a huge opportunity to buy the stock while it's low. Macke still likes video game stocks like Electronic Arts (ERTS) and Activision (ATVI). Adami recommends buying Aministaff (ASF). Finerman likes NYMEX (NMX) and Crocs (CROX). Merriman thinks she is very early to be buying CROX here. Najarian favors Manitowoc (MTW).
The founder and president of Seabreeze partner, Doug Kass, joined the show to give his take on the mortgage insurers. Kass thinks names like Ambac (ABK), PMI Group
(PMI) and MBIA (MBI) don't have enough capital to keep running. Kass also says his sources are telling him that Citigroup (C) will get rid of CEO Chuck Prince this weekend. Charlie Gasparino joined the show to discuss his take on the CEO turmoil at Citigroup and agrees with Kass and expects that Citigroup CEO, Chuck Prince, is about to get the axe.
Najarian feels that Bear Stearns (BSC) and Merrill Lynch (MER) would benefit the most from a management change. Finerman is long Goldman Sachs (GS) and short Merrill.
Word on the Street
Crude oil traded over $96 before selling off to close at $93. Adami was surprised that Exxon Mobil (XOM) didn't go lower on Thursday. He sees the valuation on Chevron (CVX) as compelling and there could be a buying opportunity in the stock. Tesoro (TSO) is another name to look at here.
Microsoft (MSFT) bucked the trend on Thursday and finished the day up. Macke still likes Hewlett-Packard (HPQ).
Las Vegas Sands (LVS) plunged 17% after hours on a bearish earnings report.
Pops & Drops
Pops- Investment Technology Group (ITG) traded up 2%.
United Therapeutics (UTHR) popped 38% higher after study results showed its inhaled-high blood drug.
Drops- Sprint Nextel (S) fell 3% after profits fell 73% in the third quarter.
Manitowoc (MTW) fell 11% off of concerns for the crane maker's backlog.
Garmin (GRMN) fell 7% on concerns over a bidding war with TomTom for Tele Atlas.
Target (TGT) fell 5%.
Face2Face
Cathy asked if Google, Apple (AAPL) and Research In Motion (RIMM) trying to beat each other for the highest share price? Macke says Apple and Research In Motion have split. He advised Cathy not to believe the hype on stock splits just buy less shares.
Scot from Virginia asked if Adami liked Fluor (FLR). Adami still likes Fluor and he feels the story is still intact.
Another writer asked what Finerman is going to do with BEA Systems (BEAS) with the Oracle (ORCL) deal off. Finerman thinks by the end of the day we will see a deal with Oracle and BEA Systems.
John said he owns some Dicks Sporting Goods (DKS) and knows Najarian likes them as well based partially on their sales of names like Under Armour (UA), Nike (NKE) and Crocs. He asked if the recent sell-off based on Croc's numbers and does this change your bullish sentiment on the company? Najarian tells John that even though there are some concerns for Dicks Sporting Goods, right now he still likes the company.
Final Trade
Macke would buy Electronic Arts (ERTS) on a dip.
Adami favors Intel (INTC).
Finerman prefers Flowserve (FLS).
Najarian recommends buying Cypress Semiconductor (CY) for a solar play.

Labels: AAPL, ABK, ASF, BSC, CNBC, CROX, fast money, Fast Money Recap, HPQ, INTC, LVS, MBI, MSFT, MTW, NMX, PMI, RIMM, SWHC, XOM

Here are 7 options to watch for today.
Most Under-Priced Calls: These are the most under priced calls of all stocks in our database. This stock comes from today's list and is among the most under-priced individual calls.
Garmin Dec 70 Calls (NasdaqGS:GRMN - News). GRMN's PowerRating (for Traders) is 5.
Most Under-Priced Puts: These are the most under priced puts of all stocks in our database. This stock comes from today's list and is among the most under-priced individual puts.
Beckman Coulter Dec 65 Puts (NYSE:BEC - News). BEC's PowerRating (for Traders) is 6.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. This stock comes from today's list and is among the most overpriced individual calls.
Crocs Nov 85 Calls (NYSE:CROX - News). CROX's PowerRating (for Traders) is 4.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. This stock comes from today's list and is among the most overpriced individual puts.
Google Nov 600 Puts (NasdaqGS:GOOG - News). GOOG's PowerRating (for Traders) is 4.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Alpha Natural Resources (NYSE:ANR - News). ANR's PowerRating (for Traders) is 6.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
GenProbe (NasdaqGS:GPRO - News). GPRO's PowerRating (for Traders) is 6.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Starbucks (NYSE:SBUX - News). SBUX's PowerRating (for Traders) is 4.
Published by TradingMarkets.com

Labels: ANR, BEC, CROX, GOOG, GPRO, GRMN, SBUX, Stock Options

Here are 7 options to watch for today.
Most Under-Priced Calls: These are the most under priced calls of all stocks in our database. This stock comes from today's list and is among the most under-priced individual calls.
iMCSI Emerging Markets Index Fund Dec 180 Calls (AMEX:EEM - News). EEM's PowerRating (for Traders) is 5.
Most Under-Priced Puts: These are the most under priced puts of all stocks in our database. This stock comes from today's list and is among the most under-priced individual puts.
Google Dec 580 Puts (NasdaqGS:GOOG - News). GOOG's PowerRating (for Traders) is 5.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. This stock comes from today's list and is among the most overpriced individual calls.
Blue Nile Nov 110 Calls (NasdaqGS:NILE - News). NILE's PowerRating (for Traders) is 8.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. This stock comes from today's list and is among the most overpriced individual puts.
Crocs Nov 60 Puts (NYSE:CROX - News). CROX's PowerRating (for Traders) is 4.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Sirius Satellite Radio (NasdaqGS:SIRI - News). SIRI's PowerRating (for Traders) is 5.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
ADC Telecommunications (NasdaqGS:ADCT - News). ADCT's PowerRating (for Traders) is 5.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Indymac Bancorp (NYSE:IMB - News). IMB's PowerRating (for Traders) is 6.
Published by TradingMarkets.com

Labels: ADCT, CROX, EEM, GOOG, IMB, NILE, SIRI, Stock Options

Here are 7 options to watch for today.
Most Under-Priced Calls: These are the most under priced calls of all stocks in our database. This stock comes from today's list and is among the most under-priced individual calls.
SherwinWilliams Dec 75 Calls (NYSE:SHW - News). SHW's PowerRating (for Traders) is 5.
Most Under-Priced Puts: These are the most under priced puts of all stocks in our database. This stock comes from today's list and is among the most under-priced individual puts.
Google Dec 590 Puts (NasdaqGS:GOOG - News). GOOG's PowerRating (for Traders) is 4.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. This stock comes from today's list and is among the most overpriced individual calls.
Research in Motion Dec 145 Calls (NasdaqGS:RIMM - News). RIMM's PowerRating (for Traders) is 6.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. This stock comes from today's list and is among the most overpriced individual puts.
Crocs Nov 55 Puts (NYSE:CROX - News). CROX's PowerRating (for Traders) is 8.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
Netease.com (NasdaqGS:NTES - News). NTES's PowerRating (for Traders) is 4.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggests an extraordinarily negative earnings report, or other news which may negatively affect the stock.
Tuesday Morning Corp. (NasdaqGS:TUES - News). TUES' PowerRating (for Traders) is 6.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
Linn Energy (NYSE:LINE - News). LINE's PowerRating (for Traders) is 3.
Published by TradingMarkets.com

Labels: CROX, GOOG, LINE, NTES, RIMM, SHW, Stock Options, TUES

1.
Focus Media Holdings (FMCN)

Composite Rating: 92*. The China-based firm provides advertising firm through a network of flat-panel monitors placed in high-traffic locations. Shares charged up to new highs on heavy volume after the company closed an internal investigation. 3-Year Growth Rate: 406%.
2.
Trina Solar Limited (TSL)

Composite Rating: 95. The Chinese maker of solar modules continues to rebound from a big sell-off. But it's still about 19% off its July high. Analysts see profit surging 163% this year and 157% in 2008. 3-Year Growth Rate: 396%.
3.
Gmarket (GMKT)

Composite Rating: 97. The South Korean e-commerce firm provides an array of products for buyers and comprehensive sales solutions for sellers. Gmarket has beaten analysts' earnings estimates for three out of four quarters since coming public in June 2006. 3-Year Growth Rate: 388%.
4.
Crocs (CROX)

Composite Rating: 96. Colorado-based Crocs pushed to record highs after bouncing off its 10-week moving average. While known for its resin-made shoes, the company is launching a clothing line in October. 3-Year Growth Rate: 382%.
5.
Baidu.com (BIDU)

Composite Rating: 99. Shares of the Chinese Internet search engine have skyrocketed in recent weeks. Its earnings and sales growth has been in triple-digit territory for a number of quarters. 3-Year Growth Rate: 330%.
6.
GigaMedia (GIGM)

Composite Rating: 92. Taiwan-based GigaMedia provides software and services for online gaming. It recently won an exclusive license to offer Holic, a role-playing game, in Taiwan, Hong Kong, Macau and other regions. 3-Year Growth Rate: 197%.
7.
Synchronoss Technologies (SNCR)

Composite Rating: 94. The maker of transaction management software is trading near all-time highs. Mutual fund ownership of the firm has more than doubled, to 45 funds from 19 three quarters ago. 3-Year Growth Rate: 169%.
8.
Freeport-McMoRan Copper & Gold (FCX)

Composite Rating: 92. The recent rise in gold prices has boosted many mining companies, including Freeport-McMoRan. The company's sales growth has ramped into triple-digit territory for the past two quarters. 3-Year Growth Rate: 406%.
9.
Chipotle Mexican Grill (CMG)

Composite Rating: 97. The restaurant chain is sort of a hybrid. It's in the fast-food market but its fare is fresh and generally of better quality than that of many rivals. Customers seem to be responding favorably. 3-Year Growth Rate: 164%.
10.
Flotek Industries (FTK)

Composite Rating: 99. Flotek makes specialty chemicals and oil drilling and production equipment. The firm's earnings growth ranged from 50% to 108% in the past four quarters. Sales growth ranged from 71% to 120% over the same period. 3-Year Growth Rate: 152%.
Published by Investor's Business Daily

Labels: BIDU, CMG, CROX, FCX, FMCN, FTK, GIGM, GMKT, Hot Stocks, SNCR, TSL

On Wednesday the Dow closed up 76 points as the strength from the Fed rate cut continued to spill. Najarian: investors should look at the volatility in the S&P 500, which is moving back to normal. Reported unusual options activity on Cree (CREE). Could be being bought by General Electric (GE).Macke: market bears are instant messaging him with more short ideas than any other time in his most recent memory.Adami: Friday could be a funky day with options expiration on tap. He took a trip to the UPS Center in New York City to find out what is going on at the packaging giant. Adami likes United Parcel (UPS) for three reasons: international growth, energy hedging and union contracts. He also predicted that Fedex (FDX) will rally on Thursday and investors should sell into the strength.Emerging Markets Trade: The iShares MSCI Emerging Markets (EEM) hit a record high on Wednesday. Their stocks around the globe shot up after the Fed cut. Tim Seymour, of Red Star Asset Management suggests investors buy Tenaris (TS). Seymour recommended Vimpel-Communications (VIP), Mobile Telesystems (MBT) and Mechel OAO (MTL) as liquidity plays.Shoe Companies: Collective Brands (PSS) and Brown Shoe Company (BWS) have taken double digit hits. CEO of Payless and the company blamed the decline on weather and the increased demand for products out of competitor Crocs (CROX). Finerman hates when companies use weather as an excuse, but she thinks investors can buy PSS, BWS and Limited Brands (LTD).Goldman Sachs (GS): Dick Bove, an analyst for Punk Ziegel, is the only analyst on Wall Street who is telling investors to sell GS. GS holds are overvalued with $700 billion in securities. He thinks hedge fund trading business is declining.Word on the Street: TD Ameritrade (AMTD) and Najirian's pick: NASDAQ (NDAQ). Najarian sees no options activity in Oracle (ORCL) ahead of the quarter.Gartman: time to get out of Suncor (SU) and all his Canadian Tar Sands plays. Instead he would get into U.S. multi-nationals like ConocoPhillips (COP).Macke says you can buy Kellogg's (K), Kraft (KFT) and Safeway (SWY) off the strong General Mills (GIS) quarter.Pops & Drops:Pops: Countrywide Financial (CFC), Blackstone (BX), Fortress Investment Group, The Warnaco Group (WRNC)Drops- Carmax (KMX), Comcast (CMSCA), Sirius Satellite Radio (SIRI) and XM Radio (XMSR)Final TradeMacke-Oracle (ORCL)Adami- Goldman Sachs (GS)Najarian- Titanium Metals (TIE)Finerman- Play Victoria Secret with Limited Brands (LTD)

Labels: AMTD, CREE, CROX, EEM, fast money, FDX, GE, GS, KFT, MBT, PSS, TS, UPS, VIP, XMSR

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
Gaps Down 5% or More: These are stocks that gap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that gap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Eaton Vance (NYSE:EV - News). EV's PowerRating is 7.
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that lap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Crocs (NasdaqGS:CROX - News). CROX's PowerRating is 7.
5+ Consecutive Down Days: These are stocks that have closed down for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that close down for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge. Historically, these stocks have provided traders with a significant edge.
Dominion Resources (NYSE:D - News). D's PowerRating is 6.
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Zoltek Companies (NasdaqGM:ZOLT - News). ZOLT's PowerRating is 8.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Arcelor Mittal (NYSE:MT - News). MT's PowerRating is 8.
Bearish
5+ Consecutive Up Days: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Allstate Corporation (NYSE:ALL - News). ALL's PowerRating is 3.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
NovaStar Financial (NYSE:NFI - News). NFI's PowerRating is 1.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

Labels: ALL, CROX, D, EV, Hot Stocks, MT, NFI, ZOLT