The Latest Picks That Paid – Friday June 27th
Our traders are good - but you knew that! Check out their latest picks that paid.
On June 24th the Negotiator dug up a diamond in the rough. At the time he said, “You might want to get long SPDR Gold Trust because if the Fed is not as hawkish as we think, know what, the dollar's probably gonna get worse and gold is going to go higher.”
Looks like Adami had the midas touch. Shares of the GLD are up 5% in just two days while much of the market tanked.
On June 6th the Liquidator suggested a trade that pumped out profits. At the time he said, "Natural gas, you gotta stay long that commodity.”
Terranova ain’t full of hot air, shares of the United States Natural Gas Fund are up 18% since the recommendation.
On May 28th the Chairwoman sensed that the already rickety regional banks were about to get wrecked. At the time she said, "BB&T Corp. is one that we are short. I don't think the end is here, I don't think we've seen the worst of it yet.”
Finerman sure felt a breakdown coming on. Shorting BB&T returned 23% since her short sell suggestion.
On June 6th the Pit Boss turned into his alter ego Commander Planet and saved the day with an alternative energy trade.
At the time he said, "I like Energy Conversion Devices . You get a combination of solar and memory and fuel cell exposure with that company.”
Najarian’s trade was supercharged. Shares of ENER gained 16% since his call to get long.
Now that’s “Fast Money.”
Got something to to say? Send us an e-mail at firstname.lastname@example.org and your comment might be posted on the Rapid Recap! If you'd prefer to make a comment but not have it published on our website send your e-mail to email@example.com.
Trader disclosure: On June 27, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (BTU), (NUE), (GS), (INTC), (MSFT); Pete Najarian Owns (ANR), (TSO), (XLF); Pete Najarian Owns (AAPL) Calls, (EK) Calls, (QID) Calls, (RIMM) Calls, (YHOO) Calls, (WLT) Calls; Pete Najarian Owns (HRB) Puts, (MER) Puts, (HBC) Puts; Finerman Owns (GS); Finerman's Firm Owns (MSFT), (NYX), (SUN), (TSO), (MRK), (PPH); Finerman's Firm And Finerman Own (C) And (C) Leaps; Finerman's Firm Is Short (SPY), (IYR), (IJR), (MDY), (IWM); Finerman's Firm Is Short SPX Index Puts; Finerman's Firm Owns (VLO) And (VLO) Call Spreads; Terranova Owns (BNI), (CME), (FXC), (LUV), (GOOG), (FCX), (INTC), (IYT), (XLF), (SU), (YHOO); Terranova Owns Dollar Index Futures
Terranova is chief alternatives strategist at Phoenix Investment Partners;; Phoenix Investment Partners Ltd. Owns (RWX), (DBC), (DBV), (IGE), (AAI), (ALK), (AMR,) (APA), BP plc, British Airways plc, (CHK), (CVX), (COP), (CAL), (DAL), ENI SPA, (XOM), Gazprom, (HA), (HES), (HOC), (HSE), (JBLU), Lukoil, (MRO), (MUR), (OXY), Petrobras Intl Fin, Petro-Canada, (PBR), Petroleos De Venezuela, (QAN), (RJET), Royal Dutch Shell plc A Shares, (SKYW), (LUV,) (SU), (TSO), Texaco Capital, Total SA, (UAUA), (LCC), (VLO)
Terranova Owned Natural Gas On 6/6/08
Finerman's Firm Was Short (BBT) On 5/28/08
Pete Najarian Owned (ENER) On 6/6/08