Consumer in the Crosshairs
By: Lee Brodie | Producer
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Trader disclosure:
On MAR 2, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders.
Strazzini: Gold,(MER), WMT, YHOO
Bolling: Gold, Silver, Soybeans, Short Corn, (NMX), (ICE), short Nasdaq, short S&P Futures
Questions? Comments? fastmoney@cnbc.com
Guess who will be caught in the crosshairs next week? You! Consumer confidence is down, gas prices are jumping and the housing market is cracking . And next week, major retail chains including JC Penney, Macy’s and Target will give winter sales figures. It’s judgement week for the consumer and retail stocks. Will they rescue this market or drag it down?
