Rebound From Summer Swoon
The headline: Chinese Online Gaming Company NetEase.com (NTES) Soars
Stacey Briere Gilbert explains Susquehanna Financial upgraded NetEase.com, citing popularity of its "Westward Journey" video game. Also she says Susquehanna likes its on-line ad growth.
The headline: Najarian Seeing Unusual Options Activity In Drug Makers Merck (MRK), Schering-Plough (SGP)
Pete Najarian says the options call buying suggests to him these stocks could go higher.
The headline: Lehman Brothers (LEH) Becomes 1st Wall Street Firm To Close Down Subprime Unit
Jeff Macke says the perception on The Street is that The Fed will protect the financials.
On a related note, Stacy Briere Gilbert adds it’s positive to see that IndyMac is making jumbo loans again.
The headline: The Trade As Hillary Clinton Sees Chances Of Winning Increase
Dylan Ratigan explains that Tradesports.com shows Hillary Clinton with 40% probability of winning
Stacy Briere Gilbert says having a Democrat in the White House will be positive for generic drug makers, alternative fuels, and “natty-gas.” Stacy recommends taking a look at all these sectors if the trend continues.
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Trader disclosure: On Aug 22 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money; Najarian Owns (BMY), Najarian Owns S&P Puts: Stacey Briere Gilbert Is Chief Options Strategist For Susquehanna Financial Group, LLLP: Gilbert Is Head Of Market Intelligence Research For Susquehanna Financial Group, LLLP: Gilbert Does Not Cover Individual Securities But Does Recommend Trading Strategies; Gilbert Has A Long Position In (HOT); Susquehanna Financial Group Is A Market Maker In (AMTD), (AAPL), (BCSI), (ETFC), (FWLT), (GYMB), (IRBT), (JBLU), (NTES), (NTAP), (UAUA), (WYNN) (ZUMZ), (CTSH) Susquehanna Financial Group And/Or Affiliates Together Own More Than 1% Of (BCSI), (BSC), (CAL), (LCC), (NMX), (NYX), (NTES), (UAUA), (IMB), (GT); Susquehanna Financial Group And/Or Affiliates Together Owned More Than 1% Of (FCX) On 8/20/07