Arcelormittal (MT) popped 5%. The steel maker higher as commodities rally and on an upgrade to ‘buy’ from ‘neutral’ at MF Global. China's steel demand moved this stock, there's still room to go, says Tim Seymour.
Potash (POT) popped 4%. The company has a high correlation to oil, says Joe Terranova, who sees the stock in an $83-$104 range until
Freeport-McMoran (FCX) popped 5%. The gold miner popping as the commodity hits new record highs. Gold exposure was the big story, but cooper is going up, says Tim Seymour.
Ford (F) popped 6%. The automaker higher, started at a ‘buy’ at Standpoint Research, and as China car sales increased 76% from last year. This stock is headed for it's August 3rd high of $8.86, says Joe Terranova.
JoyGlobal (JOYG) popped 5%. You just keep getting strength in this whole commodities trade, watch for a conference later this week.
______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com 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 fastmoney@cnbc.com.
Trader disclosure: On November 9th, 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 (BP) Calls, (FCX) Put Spread, (RIMM) Call Spreads, (UUP) Calls, (YHOO), (YHOO) Puts; Finerman's Firm Is Short (IJR), Short (MDY), Short (SPY), Short (IWM), Short (USO), Short (UNG), Owns (CBY), Short (KFT), Owns (MSFT), Owns (PM), Owns (TGT),Short (UNG), Short (USO), Finerman's Firm And Finerman Own (WFC) Preferred, Finerman's Firm Owns (WMT), Owns (YUM); Terranova Owns (GS), (WYNN), (JPM), (SU), (MRVL), (BRCM), (GOOG), (RIMM), (AAPL), VIX Nov. 24 Puts, Terranova Works For (VRTS); Seymour Owns (AAPL), (EEM), (F), (FXI), (TM), (VIP), (POT), Najarian Owns (INTC), (INTC) Calls, Finerman's Firm And Finerman Own (RIG), Finerman's Firm And Finerman Own (PDE), Finerman's Firm Owns (M)
Najarian Owns (JWN) Calls, Finerman's Firm Owns (BAC) Preferred, (BAC), (BAC) Call Spreads
Finerman Owns (BAC) Preferred, (BAC), Najarian Owns (BX) Calls
Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.
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 (XLY)
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 (UA)
DENNIS GARTMAN Funds Managed By Dennis Gartman Own (EWZ)Funds Managed By Dennis Gartman Own (EWA)Funds Managed By Dennis Gartman Own (EWC)Funds Managed By Dennis Gartman Own (EWZ)Funds Managed By Dennis Gartman Are Short U.S. DollarFunds Managed By Dennis Gartman Own Gold In U.S. Dollar Terms, British Pound Sterling Terms, Euro Terms TAVIS MCCOURT ***NO DISCLOSURES ON AAPL, MOT, PALM, RIMM BRIAN KELLY Kelly And Kanundrum Capital Own (UUP)Kelly And Kanundrum Capital Own (USO)Kelly And Kanundrum Capital Own (TDW) ***NO DISCLOSURES ON CRUDE OIL, U.S. DOLLAR, GOLD