Fast Money: Rapid Recap - The first and only official show synopsis
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Your Questions About... Alcoa & The Dollar
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Walter from South Carolina
Walter writes, “Great call to sell Alcoa [AA
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] last week. I'm now looking to buy copper names. Do you have any recommendations as far as short and long term plays?”
I like Freeport [FCX
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], says Guy Adami, but we're in the 9th inning on this one. Maybe it goes to $91 but you'd have to pull the rip cord fast. Instead I think the trade may soon be on the short side.
Robert from Texas
Robert writes, "The Fed says they will allow the dollar [US@DX.1
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()] to decline as long as it is "orderly." To what levels do you think they will allow the dollar to "orderly" decline to?"
I don't think the Fed has a choice in the matter, replies Santelli, but right now under 75, they need to be careful. It may get a little less orderly.
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Trader disclosure: On Nov. 25th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Seymour Owns (AAPL), (BAC), (EEM), (FXI), (INTC); Terranova Owns (SU), (GOOG), (AAPL); Terranova Owns (UNG) April 2010 Calls; Terranova Owns Gold Futures; Terranova Owns Nat Gas Futures; Grasso Owns (AAPL), (BA), (BAC), (C), (COST), (PFE), (V), (WMT)
For Steve Grasso
Stuart Frankel Owns (NYX)
Stuart Frankel Owns (SDS)
Stuart Frankel Owns (TBT)
Stuart Frankel Owns (PDE)
Stuart Frankel Is Short (QQQQ)
For Dan Binder
Jefferies Has Received Compensation From (BJ)
Jefferies Makes A Market in (COST)
Jefferies Has Received Compensation From (LOW)
Jefferies Makes A Market In (SPLS)
Jefferies Has Received Compensation From (USTR)
CNBC.com with wires
Data is a real-time snapshot *Data is delayed at least 15 minutes
