The Latest Picks That Paid
Our traders are good - but you knew that! Check out their latest picks that paid.
On August 24th the Pit Boss recommended buying Juniper (JNPR). He said, "Absolutely love it. They've been projecting for even more growth."
Pit Boss Pete made a top tech name his pick for fall and as the leaves continue to change, Juniper continues to rise. It’s up 6% since the call.
On September 5th the Chairwoman recommended buying Kraft (KFT). She said, "Kraft is looking pretty good, they're hitting on all cylinders."
Finerman knew that cheese doesn’t stand alone. Shares of Kraft popped 3% the very next day after the company raised their 2007 outlook.
On September 6th The Lone Wolf recommended selling Retail HOLDRS (RTH). On CNBC’s “Closing Bell” he said, "The retailers as stocks won't really be able to defend themselves. The RTH at about 100; I want to take some off the table there.”
Think Jeff Macke only makes good calls at 8pm? Think again. He told you to get short the RTH Thursday afternoon and by Friday morning the retail ETF was down as much as 2%.
On September 5th The Negotiator recommended buying Biogen (BIIB). He said, "It’s a monster stock!”
The Negotiator found the prescription for profits. Shares of Biogen leaped as much as 6% the next day ahead of the CEO reaffirming the company’s ’07 guidance.
Call of the Week
Dylan Ratigan first told you about our call of the week on September 4th. At the time he said, “Traders are zeroing in on a number that many believe has significant influence over where this market goes. I'm referring to 1490 on the S&P."
The magic number worked again Friday, keeping the bulls at bay and sending the market into retreat.
Now that’s “Fast Money.”
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Trader disclosure: On Sept. 7, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (BJS), (BQI); Najarian Is Short (GS); Finerman Owns (GS); Finerman's Firm And Finerman Own (HD); Finerman's Firm Owns (AA), (KFT),(NTO), (WMT) Finerman's Firm Owns S&P 500 Puts ; Finerman's Firm Owns Russell 2000 Puts ; Finerman's Firm And Finerman Own (HD)
Finerman's Firm Owned (KFT) On 9/5/07