FAST MONEY FEATURES
FAST MONEY POLLGet in the post game. Respond to our "Question of the Day" right now.
FULL SHOWSMissed an episode of Fast Money? Watch the lastest show here.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
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 
BEHIND THE MONEY: Financial Investors Living in a Land of Confusion
There's too many men...
Too many people...
Making too many problems...
And not much love to go round.
Can't you see this is a land of confusion.
-Genesis
This is how investors in the financials must feel today. Too many analysts making too many calls. Guy Adami and Pete Najarian were pointing out on the Fast Money morning call the multitude of conflicting notes on the banks. The 30% one-week pop in the sector seems to have everyone split as to whether this is the end of a short oversold bounce or the beginning of an even bigger turnaround.
Here's a list of the calls this morning:
-JPMorgan Chase Upgraded to 'Buy' at Bank of America Merrill
-Morgan Stanley Downgraded to 'Underperform' at Bank of America Merrill
-Morgan Stanley May See More Upside Says KBW
-Morgan Stanley Estimates Lowered at UBS
-Goldman Sachs Downgraded to 'Market Perform' at KBW
-Goldman Sachs Estimates Raised at UBS
And the kicker. The replacement at Oppenheimer for the legendary Meredith Whitney started coverage on the financials today. He rates Goldman [GS
Loading...
()
] and Morgan Stanley [MS
Loading...
()
] at 'Outperform' and Bank of America [BAC
Loading...
()
], Citi [C
Loading...
()
] and JPMorgan Chase [JPM
Loading...
()
] at 'Perform'.
| ||
Meanwhile, Meredith Whitney, who just started her own firm, told CNBC this morning that 2009 will be a similar year as 2008 for the banks. Not good.
We'll sort through this mess and see who's making the best argument tonight on Fast. (Thanks to FM team member Prasanna Subramanian for suggesting the appropriate Genesis metaphor. Personally, I find 'Paper Late' to be the most confusing Genesis song. What does that mean?)
John Melloy is the Senior Editorial Producer for Fast Money. Before joining CNBC, he was an editor for Bloomberg News, overseeing the U.S. Stock Market coverage team.______________________________________________________
Got something 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 your message to .
Data is a real-time snapshot *Data is delayed at least 15 minutes