RECENT POSTS
- iPad 3, iTV and iPhone 5 Should Drive Apple to $665: Money Pros
- Options Trader Scores Big on Diamond Foods Selloff
- Top Fashion Stocks for 2012
- Your First Move For Thursday February 9th
- Pros Bullish On Visa, Even After It Hits a New High
- Semantics Suggest Higher Bid Ahead for Illumina: Finerman
- Premium Commanded by Whole Foods Ridiculous, or Surprisingly Modest?
- Cisco's Got Room to Run: Money Pros
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 latest show here.
HEDGE FUND TRADE OF THE WEEKWhich names are generating the most chatter across the hedge fund community this week?
CALL TO THE FLOOR | CEO EXTRACheck out our library of CEO interviews; conversations from TV as well as web exclusives.
TRADE SCHOOLGrab a pencil because school is in session and the Fast Money traders are teaching class.
FAST MONEY PODCASTS
Download 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 SLIDESHOWS!Check out our scrapbook. These "pix" are guaranteed winners.
NEWSLETTERSign up for our daily newsletter!
FAST MONEY MOBILE ALERTSGet advanced information about the next Fast Money.
Text Size 
 |
] . In fact Cisco was among the top drags on the Nasdaq along with Apple [AAPL
Loading...
()
] and Qualcomm [QCOM
Loading...
()
] .Some investors found the move surprising considering Cisco Chief Executive John Chambers said his customers were seeing more stability, adding to hopes that business conditions would soon recover.
"The techs are under a little bit of pressure," explains Peter Kenny, managing director at Knight Equity Markets. "There is a lot of rotation going on and that's really driving the market.”
What's the trade?
Cisco is up 40% since April, explains Pete Najarian on Fast Money's Halftime Report. Why chase it? But on a pullback I think you gotta’ like it.
I’d be cautious about getting on the tech train right now, counters Greg Troccoli of Opalesque, especially if you’ve not been in prior to this.
- Top Fashion Stocks for 2012
- Pros Bullish On Visa, Even After It Hits a New High
- Semantics Suggest Higher Bid Ahead for Illumina: Finerman
- Premium Commanded by Whole Foods Ridiculous, or Surprisingly Modest?
- Caesar’s IPO Might Not Be a Good Bet, Pros Say
- Mega-Commodities Deal Puts Resource Stocks in Play
- Your Questions About… Starbucks, Norfolk Southern and More
- Dan Nathan’s Options Play On Apple HDTV Spike
- What Plays Tim Seymour Is Watching In Russia
- After Nailing Facebook, Top Strategist Makes Next Big Prediction
______________________________________________________
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 your e-mail to .
Trader disclosure: On May 7th, 2009, 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), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Seymour Owns (AAPL), (BAC), (F), (TX); Seygem Asset Management Is Short (DVN); Finerman's Firm Owns (CSCO); Finerman's Firm And Finerman Own (BAC) Preferred Shares And Are Short (BAC); Finerman's Firm Owns (C) Preferred Shares And Is Short (C); Finerman's Firm Owns (MSFT) And Owns (MSFT) Put Spreads; Finerman's Firm And Finerman Own (WFC) Preferred Shares, Finerman's Firm Is Short (WFC); Finerman's Firm Is Short (IJR),(MDY) (SPY), (IWM), (USO), (BBT)
Terranova Owns (GENZ), (ABT), (XBI); Terranova Is Long (DIS) Call Spreads; Terranova Is Short June Crude Oil; Terranova Is Short (JPM), (WYNN), (X), (MS), (JOYG), (HES), (BRCM), (POT); Terranova Is Short (IBM) Call; Terranova Is Short (XOM) Call Spreads
Terranova Is Co-Portfolio Manager Of The Virtus Diversifier PHOLIO; Virtus Diversifier PHOLIO Owns (IGE), (DBC), (DBV); Terranova Works For (VRTS); Terranova Is Chief Alternatives Strategist Of Virtus Investment Partners, Ltd.
Virtus Investment Partners Owns More Than 1% Of (ABD), (ARE), (CAL), (DLR), (EPR), (EXR), (IGE), (MEE), (DBC), (DBV), (DBA), (SKT), (UA), (CLB), (WBMD): Virtus Investment Partners Owns More Than 1% Of St Mary Land & Exploration Co: Virtus Investment Partners Owns More Than 1% Of Seagate Tax Refund Rights
Data is a real-time snapshot *Data is delayed at least 15 minutes
