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 
 |
For the second consecutive day, optimism about tech earnings pulled the S&P 500 [.SPX
Loading...
()
] higher after RBC Capital started coverage of the cellphone chip supplier Qualcomm [QCOM
Loading...
()
] with an "outperform" rating.
A day earlier Intel [INTC
Loading...
()
], a rival chipmaker, provided an even more powerful tailwind after solid results reinforced hopes for an economic recovery and a rebound in technology spending. The bulls were particularly elated to hear about Intel’s upbeat outlook, which was due to strong consumer demand for PCs.
Meanwhile, the tech-heavy Nasdaq [.NCOMP
Loading...
()
] advanced for the seventh straight day and closed at its highest level since October ahead of big profit reports.
Considering tech earnings are just getting started, what’s the tech trade?
As I look forward to next week Texas Instruments [TXN
Loading...
()
] stands out to me, explains Pete Najarian. In June they raised their profit forecast. Now, if they show growth in China with their chips I think it could be huge. And if that happens the SMH [SMH
Loading...
()
] could explode to the upside.
- GDP Drags Dow Stocks
- Halftime Report: Is Oil Heading To $96?
- Your First Move For Tuesday November 24th
- Pops & Drops: Cigna, Verizon...
- Giving Thanks: Adami
- Web Extra: Winning The Chocolate Wars
- Holiday Travel Outlook
- Trading The Dollar Drama
- Prepare For Large Decline In Stocks, Next Year?
- Unusual Options Action w/ Pete Najarian
______________________________________________________
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 July 16th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour Owns (AAPL), (BAC), (FXI), (GE) Seygem Asset Management Owns (NOK) Calls; Finerman's Firm Owns (WMT), (MSFT), (NOK); Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (IWM), (XRT)
Finerman's Firm And Finerman Own (BAC) Preferred Shares, Finerman Owns (BAC); Finerman's Firm And Finerman Own (WFC) Preferred Shares, Finerman's Firm Is Short (WFC); Pete Najarian Owns (YHOO) Call Spread; Pete Najarian Owns (INTC) Calls, (IBM) Calls; Jon Najarian Owns (AGU), (IPI); Terranova Owns (TER), (MSFT), (RIMM), (INTC), (SUN), (FTO); Terranova Owns (CCE) Calls
GE Is The Parent Company Of CNBC
Terranova Works For (VRTS)
Terranova Is Chief Alternatives Strategist Of Virtus Investment Partners, Ltd.
Terranova Is Co-Portfolio Manager Of The Virtus Diversifier PHOLIO
Virtus Diversifier PHOLIO Owns (IGE)
Virtus Diversifier PHOLIO Owns (DBC)
Virtus Diversifier PHOLIO Owns (DBV)
Virtus Investment Partners Owns More Than 1% Of (ABD)
Virtus Investment Partners Owns More Than 1% Of (CBL)
Virtus Investment Partners Owns More Than 1% Of (CAL)
Virtus Investment Partners Owns More Than 1% Of (CLB)
Virtus Investment Partners Owns More Than 1% Of (DLR)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (MEE)
Virtus Investment Partners Owns More Than 1% Of (DBC)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (DBA)
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
Virtus Investment Partners Owns More Than 1% Of (SKT)
Virtus Investment Partners Owns More Than 1% Of (TNB)
Virtus Investment Partners Owns More Than 1% Of (UA)
Virtus Investment Partners Owns More Than 1% Of (WBMD)
For Jared Levy:
Peak6 Investments Is Short And Has An Options Position In (CROX)
Peak6 Investments Is Short And Has An Options Position In (ESL)
Peak6 Investments Is Short And Has An Options Position In (FDX)
Peak6 Investments Is Short And Has An Options Position In (FTO)
Peak6 Investments Is Short And Has An Options Position In (FXI)
Peak6 Investments Is Short And Has An Options Position In (GE)
Peak6 Investments Is Short And Has An Options Position In (GILD)
Peak6 Investments Is Short And Has An Options Position In (GS)
Peak6 Investments Is Short And Has An Options Position In (HOT)
Peak6 Investments Is Short And Has An Options Position In (JPM)
Peak6 Investments Is Short And Has An Options Position In (KSU)
Peak6 Investments Is Short And Has An Options Position In (MOS)
Peak6 Investments Is Short And Has An Options Position In (NOK)
Peak6 Investments Is Short And Has An Options Position In (POT)
Peak6 Investments Is Short And Has An Options Position In (RIO)
Peak6 Investments Is Short And Has An Options Position In (SGP)
Peak6 Investments Is Short And Has An Options Position In (STLD)
Peak6 Investments Is Short And Has An Options Position In (XLF)
Peak6 Investments Is Short And Has An Options Position In (XLNX)
For Peter Jacobs:
Jacobs Owns (GE)
Wells Fargo Investments And/Or Affiliates Owns 1% Or More Of (GE)
Wells Fargo Investments And/Or Affiliates Owns 1% Or More Of (ESL)
Wells Fargo Investments And/Or Affiliates Owns 1% Or More Of (KSU)
Wells Fargo Investments And/Or Affiliates Owns 1% Or More Of (MMM)
Jacobs Owns (SLE)
Wells Fargo Investments And/Or Affiliates Owns 1% Or More Of (VWO)
CNBC.com with wires
Data is a real-time snapshot *Data is delayed at least 15 minutes