WASHINGTON, Dec 16- The U.S. Interior Department will not be held in contempt over its actions in the aftermath of the 2010 Gulf of Mexico oil spill after the U.S. Supreme Court declined on Monday to review an appeals court ruling in the government's favor.
The "Fast Money" traders share their final trades of the day.
With new woes surfacing in Europe, the Fast traders suggest buying when others are fearful, but only buying selectively. Here's what they like, right now!
Following are some of the day's big movers. Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!
Find out what Dan Dicker sees in the price of oil and oil services stocks.
Goldman Sachs, which advised investors to sell oil in April and reversed its stance before prices rebounded a month later, is now the most bullish on four stocks in the industry.
Considering OPEC talks in Vienna broke down without an agreement among the nations to increase production, is $100 oil here to stay?
Here's why you should keep a close eye on these six stocks.
Halfway through what's typically the worst month of the year, stocks are up sharply. Can they possibly continue to climb?
With two catalysts pushing oil stocks lower Thursday, the traders looked at how you should play the space.
With the fate of deepwater drilling triggering fights, court rulings and new moratoriums is it just too dangerous to play energy?
The Louisiana judge who struck down the Obama administration's six-month ban on deepwater oil drilling in the Gulf of Mexico has reported extensive investments in the oil and gas industry, according to financial disclosure reports. He's also a new member of a secret national security court.
Hornbeck Offshore Services, Noble, Hercules Offshore, Diamond Offshore and other deepwater drillers all rallying modestly midday, as a federal judge has blocked the offshore drilling moratorium imposed by the Obama administration.
Hornbeck Offshore Services has gotten hammered along with BP and others in the energy space after the Deepwater Horizon oil spill, but call buyers stepped in Friday.
Offshore drillers are again under pressure on concerns that there may be a partial shutdown in drilling activity in the Gulf of Mexico: Hercules, Diamond Offshore, Noble and ENSCO are again weak today, as are smaller exploration and production firms with a primary presence there. But attention has moved this morning to those who might be involved in the cleanup.
"There’s a lot out there that’s very attractive from sustainable dividends," said Peter Andersen of Congress Asset Management. He shared a few strategies to boost investors' portfolios before the weekend.
Here's Cramer list of names investors might want depending on who wins Tuesday's election.
David Lundgren, portfolio manager at Burkenroad Mutual Fund, said some stocks are looking “very attractive” — and investors should focus on long-term investment rather than day-to-day market movements.
It's been an awful week for stocks, but Evan Smith insists it's a perfect time to buy.
Plus, is Cramer responsible for food inflation? And coming clean on Watts Water Tech.