Pops & Drops: Alcoa, Urban Outfitters...

Following are the today’s biggest winners and losers. Find out why Alcoa and Urban Outfitters popped while shares of Advanced Auto Partsdropped.

POPS (stocks that jumped higher)

Alcoa (AA) popped 6%. The aluminum maker popped after Goldman Sachs raised their price estimate for the commodity. - This stock can go higher as prices go higher, says Tim Seymour.

Monsanto (MON) popped 2%. The world's largest seed maker popped after announcing that it would charge as much as 42% mroe for its new seeds next year because they increase farmers' output. - This stock has had a lot of pressure the last few days, but it got a pop off some good company activity, says Pete Najarian.

Urban Outfitters (URBN) popped 3%. The retailer popped after reporting second quarter profits were 12% higher than average analyst estimates. - Earnings were pretty good, but it's too expensive, "exactly the kind of thing I'm short," says Karen Finerman.

DROPS (stocks that slid lower)

Advance Auto Parts (AAP) dropped 5%. The second largest U.S. auto parts retailer dropped after saying growth of sales slowed in the second quarter. - Volume today was four times the average daily volume, get on the sidelines, says Joe Terranova.

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Trader disclosure: On Aug. 13th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Najarian Owns (FCX), Owns (FCX) Puts, Is Short (FCX) Calls, Owns (MS) And Is Short (MS) Calls, Owns (MSFT), Is Short (MSFT) Calls, Owns (MSFT) Puts, Owns (WFC) Put Spread, Owns (YHOO) Call Spread, Is Long (AMGN) September, Is Short (AMGN) August; Finerman's Firm Is Short (IYR), (IJR), (MDY), (IWM), (SPY), Finerman's Firm And Finerman Own (BAC) Preferred Shares, Finerman Owns (BAC), Finerman's Firm Owns (MSFT), Finerman's Firm Is Short (USO), Finerman's Firm Owns (WFC) Preferred Shares And Is Short (WFC), Finerman Owns (WFC) Preferred Shares, Finerman's Firm Owns (WMT); Terranova Owns (KBH) Puts, Terranova Owns (MSFT), (AMZN), (CAT) Puts, (FCX) Puts, Terranova Is Short (AVB), Terranova Works For (VRTS)

Terranova Is Chief Market 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 (CAL)
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 (DBC)
Virtus Investment Partners Owns More Than 1% Of (DBV)
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 (CLB)

STACEY GILBERT Susquehanna Capital Group Is A Market Maker In (PCLN)
Susquehanna Capital Group And/Or Affiliates Owns 1% Or More Of (PLCN)

DENNIS GARTMAN CIBC Gartman Index Owns (AAPL)

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