Skip navigation

Fast Money: Rapid Recap - The first and only official show synopsis

MON-THU 5P / FRIDAY 5P & 8P ET

RSS FEED

» Help

Current DateTime: 04:25:11 26 Nov 2009
LinksList Documentid: 33535344

FAST MONEY FEATURES

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




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.


Pops & Drops: Dell, FedEx...
Published: Monday, 16 Nov 2009 | 6:00 PM ET
Text Size
By: Lee Brodie
Producer

Following are the day’s biggest winners and losers. Find out why shares of Dell and FedEx popped while MBIA and Harman International dropped.

POPS (stocks that jumped higher)

Dell (DELL) popped 4%. Goldman Sachs reinstated its rating on the company at ‘buy,’ citing a new corporate cycle of demand beginning in 2010. - I'd get long if it breaks above $16.50, says Joe Terranova.

Dow Jones Us Real Estate ETF (IYR) popped 2%. Investors turned bullish due to positive economic data. - When the market is up and the risk trade is up, this seems to pop, muses Karen Finerman.

FedEx (FDX) popped 3%. Barron’s said the company was well positioned overseas in China and has good operating leverage. - I like other names in the space, says Gary Kaminsky.

Brazil Index ETF (EWZ) popped 2%. Strong commodity prices boosted this ETF as well as data which showed job growth in Brazil grew at a faster than expected rate. - Keep an eye on it, says Tim Seymour.

Intel (INTC) popped 2%. The company’s board approved a 13% dividend hike, saying it is confident in future business. - I'd play the space with the SMH and spread out the risk, counsels Joe Terranova.

Merck (MRK) popped 2%. The drug maker told CNBC that the company won’t pull cholesterol pills Vytorin and Zetia off the market despite a study that found they didn’t reopen clogged arteries as well as Abbott's  Niaspan.

Sprint Nextel (S) popped 15%. Credit Suisse upgraded the firm to ‘outperform’ from ‘neutral’ saying the company is showing progress with its turnaround efforts. Sprint also said it has paid down $1bln on a $4.5bln revolving loan.

ArcelorMittal (MT) popped 4%. JPMorgan boosted the sector, adding this firm as well as US Steel to its focus list, due to upside earnings potential.

DROPS (stocks that slid lower)

MBIA (MBI) dropped 8%. The world’s largest bond insurer, fell the most in nine months after posting a bigger- than-expected third-quarter loss.

Harman International (HAR) dropped 2%. With gains of nearly 40% over the past 3 months investors took some profits and rotated into other areas of the market.

Pops & Drops
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...
Loading...




______________________________________________________
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 your e-mail to .

Trader disclosure: On November 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), (EEM), (GE), (INTC); Finerman Owns (RIG), (FLS); Finerman's Firm Owns (CSCO), (RIG), (MSFT), (NOK), (PLCE), (TGT); Finerman's Firm Is Short (USO); Finerman's Firm And Finerman Own (WFC) Preferred; Finerman's Firm Owns (WMT); Finerman's Firm Is Short (IJR), (MDY), (IWM), (UNG); Finerman's Firm Owns (BAC) Preferred, (BAC), (BAC) Call Spreads; Finerman Owns (BAC) Preferred, (BAC); Finerman's Firm Owns (FLS), Is Short (FLS) Calls; Terranova Owns (GS), (JPM), (SU), (AAPL), (GOOG); Terranova Works For (VRTS); Terranova Owns Dec. Crude Oil . Futures; Terranova Owns Dec. Gold Futures; Terranova Owns Dec. Nat Gas Futures

For Brian Kelly
Kanundrum Capital Owns (ELX)
Kelly Owns (ELX) Calls

© 2009 CNBC.com
Add This share icon
Text Size
  • digg share
ADD COMMENTS
Remaining characters


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

Current DateTime: 01:02:06 26 Nov 2009
LinksList Documentid: 29779196

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

Current DateTime: 01:02:06 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