FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our
"Question of the Day" right now.
TRADER RADAR Which stock should be on your screen? Follow the clues to solve this puzzle.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
EMERGING MONEY TOP 20
Fast Money's index for the world.
FAST MONEY PODCASTSDownload Fast Money onto your MP3 Player.
FAST MONEY WIDGETGrab this all-in-one application and get recaps of the show sent right to your desktop or blog.
SHOP FOR FAST MONEY MERCHANDISEGet your game on with Fast Money gear.
FAST MONEY PHOTOS!Check out our scrapbook. These "pix" are guaranteed winners.
NEWSLETTERSign up and receive a recap email every Friday after the show!
FAST MONEY MOBILE ALERTSGet advanced information about the next Fast Money.
 |
Recession fears are sparking concerns about the media sector. Both Goldman Sachs and Sanford Bernstein issued negative notes Wednesday. Is there a trade?
On CNBC’s “Closing Bell”, Julia Boorstin explains that Goldman Sachs reduced estimates across communications, media and entertainment saying these economically-sensitive sectors will be dragged down by the recession it forecasts this year.
Meanwhile, Sanford Bernstein says despite the industry's underperformance -- economic concerns portend more problems.
Can you trade it?
We’ve been short Disney [DIS
Loading...
()
](DIS), Gannet [GCI
Loading...
()
](GCI) and McClatchy [MNI
Loading...
()
](MNI) explains Jon Najarian. but now we’re out.
I recommend keeping an eye on Gannett because on Tuesday the stock experienced a 4% sell-off. Historically that's happened 11 times and typically the stock has rallied significantly over the next 18 days after the sell off.
I don't own it , yet but I think that stock should start to move higher.
______________________________________________________
Got something to say? Send us an e-mail at and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to .
Trader disclosure: On Jan 9, 2008, 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 (C), (MSFT), (MCD); Najarian Owns (AIG) Options, (CFC) Options, (VLO) Options, (WM) Options, (YHOO) Options; Finerman Owns (GS); Finerman's Firm Owns (DSW), (PLCE), (SKS), (WMT), (YHOO), (AEO),(CROX); Finerman's Firm Owns (MSFT) Options; Finerman's Firm Is Short (IYR), (IJR), (IWM), (SPY), (SPG), (TCO); Finerman's Firm Is Short (LEH) And Owns (LEH) Puts; Finerman's Firm Owns S&P 500 Puts; Finerman's Firm Owns Russell 2000 Puts; Finerman's Firm Owns (MDY) Puts And Is Short (MDY); Seymour Owns (AA), (AAPL), (CFC), (ETFC), (INTC), (MBI), (MER), (MSFT), (SBUX), (YHOO), (CSCO), (TIE); Seygem Asset Management Owns (EWZ), (EWT); Seygem Asset Management Is Short (PBR)
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes