The Latest Picks That Paid – Friday Aug. 22nd
Our traders are good - but you knew that! Check out their latest picks that paid.
On August 12th the Negotiator discovered how to transform a copper play into a pretty penny. At the time he said, “There's been a lot of chatter recently about copper producer Freeport McMoRan . Watch FCX.
Hope you took a shine to Adami's play. Commodity stocks experienced their biggest weekly rally in almost 30 years with shares of Freeport McMoRan up 12% since his call.
On August 8th the Academic turned philosophical on a China play. At the time he said, “The real story that we should be looking at is the China consumer who is spending $2 trillion. I’d look at Chinese consumer names (such as) Focus Media , which is beaten up but has a lot of growth behind it”
Like his fortune cookie said, Kararbell is a very wise man. Shares of the Shanghai-based Focus Media have climbed 22% since his call.
On July 18th the Liquidator predicted a nat gas rally that was nearly a month away. At the time he said, “July is always a weak month. August 15, August 22nd, is when natural gas will begin to turn back higher, that's when you want to Chesapeake.”
Terranova ain’t full of hot air. He told you to buy Chesapeake on August 15th and since that date shares have marched 10% higher.,
On July 11th the Kentucky Kid roped in profits with a bet against emerging markets. At the time he said, “I’d continue to short the emerging markets. Getting long the UltraShort MSCI Emerging Markets ProShares ETF (which is a short play against emerging markets) is a great way to play the theme.
Tatro’s call emerged a winner. Shares of 'the EEV' are up 4% since his trade.
Now that's "Fast Money."
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Trader disclosure: On Aug 22, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Karabell Owns (AAPL), (FMCN), (GLD), (GOOG), (JPM), (NOK), (SLB), (RIO), (WFR), (CHL), (WFR): Tatro Owns (C), (GS): Quint Tatro Is The Principal Of Tatro Capital: Tatro Capital Owns (AAPL), (FXI), (QQQQ), (SPY), (T), (XLF), (JWN), (SSO), (ENER), (ESLR): Jon Najarian Owns (AAPL), (BKC), (BRK.B), (C): Jon Najarian Owns (RIMM) Calls; (SCHW) Calls, (AKAM) Calls: Terranova Owns (RIMM), (GS); Terranova is Long Sept. Mini S&P Futures, Terranova Owns (AIG) Puts; Terranova Is Long October Crude Oil Futures: Terranova Is Long Crude Oil Time Spread (Long Dec. 2008, Short Dec. 2012)
Terranova Is Chief Alternatives Strategist Of Phoenix Investment Partners, Ltd.; Phoenix Investment Partners Owns More Than 1% Of (ABD), (ARE), (BRE), (CNTY), (CLB), (OFC), (DLR), (ESS), (EXR), (FL), (IAT), (IGE), (LNET), (MAC), (OIIM), (PSPT), (DBC), (DBV), (SLB), (SKT), (BLV)
Terranova Is Co-Portfolio Manager Of The Phoenix Diversifier PHOLIO
Phoenix Diversifier PHOLIO Owns (IGE), (DBC), (DBV)