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BUY GOLD? Gold [US@GC.1 Loading... ()
] soared today up over $12; should you get in?I’m not a buyer, counsels John Kosar of Asbury Research. Not at these levels.
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BUY RETAIL? Retailers [RTH
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] traded to the upside today as investors bet on a second half recovery; should you get in?
I’d stick with Wal-Mart and leave the rest alone, says Patty Edwards of Storehouse.
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BUY OIL? Crude prices [US@CL.1
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] fell after government data showed inventories rose more than expected; should you buy the dip?
Absolutely not, says Jeff Tomasulo of SMB. There are better risk reward plays.
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BUY INTEL? Intel [INTC
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] traded higher on positive comments from a Barclays analyst: should you buy?
If you’re long this is a good day to take profits, counsels Fast Money trader Guy Adami.
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TRADE TO GO: YUM BRANDS!
Goldman Sachs upgraded Yum Brands [YUM
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] to "buy" from "neutral" and said it had a more positive view on the prospects for profit growth at the company's international businesses.
I think Yum! can go to $40, muses Guy Adami.
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CALL THE CLOSE
Jeff Tomasulo: I’m a cautious buyer.
John Kosar: For the day I’m a buyer but I’m also cautious.
Patty Edward: I’m a seller.
Guy Adami: I’m a seller.
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