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.
Text Size 
 |
U.S. corn futures fell over 3 percent to their lowest levels in two weeks on Tuesday, as a $4 plunge in oil prices pushed the dollar to 2008 highs, triggering a broad sell-off in commodities.
The sell-off in turn hurt shares of major U.S. coal producers on Tuesday sending shares of Arch Coal [ACI
Loading...
()
], Peabody Energy [BTU
Loading...
()
] and Consol Energy [CNX
Loading...
()
] all lower.
"It's just (part of) the overall commodities sell-off. There's just tremendous volatility in this space right now," said Longbow Research analyst David MacGregor.
---------------(scroll down for trades)---------------
- Pops & Drops: Hewlett-Packard, JP Morgan & Air Wagoner
- Fast & Furious: It's All About Soup
- Web Extra: The Trade on Walmart and RIMM
- Chartology: Grossly Oversold and Favoring the Upside
- What's Next for Citigroup?
- What to Expect From a Geithner-led Treasury
- Value Trading Opportunity of a Lifetime?
- Geithner News Sends Shorts Scrambling
- Ratigan's View: Demand "Google for Government"
- Your First Move For Friday November 21st
- Pops & Drops: Hewlett-Packard, JP Morgan & Air Wagoner
What’s the trade?
"Tuesday’s commodities trading was all about hedge funds that were long and now having problems,” explains Pete Najarian on CNBC’s Closing Bell. “They’re being forced to take profits and unwind the trade pushing commodity stocks to the downside in a hurry.”
”As a result there could be a bounce,” he adds. “However, I think railroads are probably the best way to play commodities. I’d buy railroads on any pullback.
(In the past Najarian has recommended Burlington Northern [BNI
Loading...
()
] as a name he likes in the space because Warren Buffett is a shareholder.)
Check Out These Other Posts |
______________________________________________________
Got something to to say? Send us an e-mail at 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 those e-mails to .
Del.icio.us
Digg It
Data is a real-time snapshot *Data is delayed at least 15 minutes