Fast Message - We Answer Your Questions
Time to sort through the Fast Money in-box and answer more of your questions.
Lou from New Jersey
Lou writes, "Do you guys have any investment ideas that won’t make me worry myself sick on a daily basis?"
Stay loose Lou, replies Jeff Macke. Buy some blue chips like Wal-Mart , Microsoft and Disney and hang in there.
Tad from Illinois
Tad writes, “How will a strong dollar affect Boeing ?
A weaker dollar is probably better for Boeing because it allows them to sell to foreign airlines cheaper, replies Karen Finerman.
Steve from California
Steve writes, “When oil gained $11 bucks last Friday, most oil stocks were down and I have noticed this divergent condition on other occasions. What’s going on?”
Two things, replies Tim Seymour. 1) it’s because the sustainability of higher crude prices is a big concern and 2) it sends the price of gasoline higher and, as a result, the demand for gasoline lower.
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Trader disclosure: On June 10, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (INTC), (MSFT), (DIS), (WMT); Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Finerman Owns (GS); Finerman's Firm Owns (MSFT), (SUN), (TSO), (VLO), (AAPL); Finerman's Firm Owns SPX Index Puts; Finerman's Firm And Finerman Own (C) And (C) Leaps; Finerman's Firm Owns (XME) Puts; Finerman's Firm Is Short British Pound; Finerman's Firm Is Short (GLD), (IYR), (IJR), (MDY), (SPY), (IWM); Seymour Owns (AAPL), (F), (INTC), (MER), (MSFT), (TSO), (EEV); Seygem Asset Management Owns Gazprom, (HAL), (TUR; Gazprom Trades Over The Counter In The U.S. But Trades On The Exchange In London