Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

FAST MONEY FEATURES

PollFast Money PollsFAST MONEY POLL
Get in the post game.  Respond to our "Question of the Day" right now.




Full ShowFull ShowFULL SHOWS
Missed an episode of Fast Money?  Watch the lastest show here.




Trade SchoolTRADE SCHOOL
Grab a pencil because school is in session and the Fast Money traders are teaching class.



PodcastFM PodcastsFAST MONEY PODCASTS
Download Fast Money onto your MP3 Player.




FM WIDGETFAST MONEY WIDGET
Grab this all-in-one application and get recaps of the show sent right to your desktop or blog.




ShopSHOP FOR FAST MONEY MERCHANDISE
Get your game on with Fast Money gear.




Wanna See Our PhotosFAST MONEY PHOTOS!
Check out our scrapbook.  These "pix" are guaranteed winners.




SignupNewsletterNEWSLETTER
Sign up and receive a recap email every Friday after the show!





FM Mobile AlertFAST MONEY MOBILE ALERTS
Get advanced information about the next Fast Money.



Fast Money DisclaimerFast Money BiosAbout Fast MoneyRapid RecapFast Money Home
Text Size
May.26
1:04 PM ET
Tuesday, 26 May 2009
Your Tuesday Afternoon Trades -- Ahead Of The Close

How are the Fast Money traders gaming potential movers -- into Tuesday's close?

BUY XHB ON STRENGTH? With the homebuilders ETF [XHB  Loading...      ()   ] up over 2% today, should you buy on strength?

I wouldn’t chase it, counsels Jared Levy of Peak6. However, if you’re long stock I’d play it with a covered call or sell the 12-put in June.

---------------

BUY DOLLAR? With the dollar [UUP  Loading...      ()   ] trading higher today, should you buy?

I think the dollar was completely oversold and expect there is 200-300 points on the upside still, speculates Greg Troccoli of Opalesque.

---------------

BUY APPLE ON STRENGTH? Apple [AAPL  Loading...      ()   ] continues higher today, should you buy on Morgan's upgrade?

Shoter-term I’d hold off, counsels OptionMonster Jon Najarian. But on a pull-back I’d get in, for the longer term. I agree with Morgan Stanley that the stock could go to $185.

---------------

BUY GOLD ON WEAKNESS? Gold [US@GC.1  Loading...      ()   ] is trading to the downside, is this a good buying opportunity?

I’d stay with what’s working, counsels Fast Money trader Joe Terranova. Gold challenged $935 and is now back above $950.


______________________________________________________
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 .

Trader disclosure: On May 20th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders;

Terranova Is Long Gold Futures
Terranova Owns Oil Futures
Najarian Owns (KBH) & (KBH) Calls
Levy Is long Oil Futures

© 2009 CNBC.com

Tools:
PrintEmailAdd This share icon
Next Post
  • digg share
ADD COMMENTS
Remaining characters


Current DateTime: 01:44:15 26 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 01:03:48 26 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 01:02:06 26 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 01:06:03 26 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters