From big earnings movers to an emerging sell-off, the "Fast Money" traders have you covered in five must-see moments from this past week.
1) More bad news for old tech?
Shares of IBM took a hit Tuesday, the first day of trading in a shortened week on Wall Street. IBM fell by more than 3 percent in the after-hours session after the company reported its fourth straight miss on quarterly revenue. It was the second shortfall for a big tech company this earnings season, with Intel reporting lower-than-expected fourth-quarter profits Jan. 16.
Tim Seymour of Triogem Asset Management said that part of IBM's problem was earnings growth in the emerging markets.
"If you look at the BRICs and if you look at the growth markets for them … they're just not getting it," he said.
Stuart Frankel's Steve Grasso said that he sees more downside ahead.
"IBM is a slow decline but technically sets up for further losses here," he said.
Brian Marshall of ISI group, one of only two analysts with a sell rating on IBM, phoned in to give his take on the earnings report. Regarding his negative rating, he said, "there's really no change to our thesis."
IBM isn't targeting its efforts productively, according to Marshall.
"They're not focusing in the right areas," he said. "They have more research projects going on as opposed to development projects."