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Pops & Drops: United Technologies, Tupperware...

Following are the moves you might have missed. Find out why shares of United Technologies and Tupperware popped while Mechel dropped.

POPS (stocks that jumped higher)

United Technologies (UTX) popped 3%. The company reported a 20% jump in profits due largely to cost cutting and the company also reiterated its full year revenue forecast. - I'd stay long with a stop at $70, says Joe Terranova.

Lockheed Martin (LMT) popped 2%. The company posted better than expected numbers and forecast stronger sales in the second half of the year. - It seems if you beat on estimates the market take you higher, muses Gary Kaminksy.

Tupperware (TUP) popped 11%. First-quarter profit nearly doubled, beating market expectations, due to strong sales in Asia and Europe. - This stock may be an emerging markets story too, says Brian Kelly.

DROPS (stocks that slid lower)

Mechel (MTL) dropped 2%. Although the company reported profits, a sizable portion of the gains stemmed from a one-off accounting change. - I'm a buyer around $27, says Tim Seymour.

Cree (CREE) dropped 7%. The maker of LED's fell due to concerns about long term margins and the need to spend more on R&D. - The stock has climbed 17% over the last month; I see this move as a pullback, says Pete Najarian.




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Trader disclosure: On Apr 21, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Terranova Is Short June 2010 Crude Oil; Terranova Is Long December 2011 Crude Oil; Terranova Is Short Australian Dollar; Terranova Is Short Japanese Yen; Terranova Is Short Gold; Terranova Is Short (PCLN); Terranova Is Short (BRE); Terranova Is Long Japanese Yen; Terranova Owns (C), (XCO), (SWN), (TER), (HES), (AXP), (XCL); Terranova Owns (C) May Calls; Scaramucci Owns (GS), Skybridge Owns (GS); Najarian Owns (C) Calls;Najarian Owns (CLF) Call Spread; Najarian Owns (GLW) Call Spread; Najarian Owns (MRVL); Najarian Owns (UNP); Najarian Owns (YHOO) Call Spread; Kelly Owns (CXW) Calls; Kelly Owns (FXE) Puts; Scaramucci Owns (CIT), Skybridge Owns (CIT)

For Joe Terranova
Terranova Works For (VRTS)
Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.
Virtus Investment Partners Owns More Than 1% Of (XLU)
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 (DBV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLV)
Virtus Investment Partners Owns More Than 1% Of (XLI)

For Mike Khouw
Cantor Fitzgerald & Co. Is A Market Maker In (MSFT)

For Brian Kelly
Kanundrum Capital Is Short (STT)
Kanundrum Capital Is Short (MCO)
Kanundrum Capital Is Short (DB)
Kanundrum Capital Owns (SRCL)
Kanundrum Capital Owns (CCI)
Kanundrum Capital Owns (S)
Kanundrum Capital Owns (SRCL)
Kanundrum Capital Owns (MORN)
Kanundrum Capital Owns (RAX)
Kanundrum Capital Owns (TLT)
Kanundrum Capital Is Long U.S. Dollar
Kanundrum Capital Is Short Euro
Kanundrum Capital Is Short Yen
Kanundrum Capital Is Short Swiss Franc
Kanundrum Capital Is Short (EWH)

For Jared Levy
Peak6 Investments Is Long And Has An Options Position In (GS)
Peak6 Investments Is Long And Has An Options Position In (JPM)
Peak6 Investments Is Long And Has An Options Position In (BAC)
Peak6 Investments Is Long And Has An Options Position In (CBI)
Peak6 Investments Is Long And Has An Options Position In (WFC)
Peak6 Investments Is Long And Has An Options Position In (AAPL)
Peak6 Investments Is Long And Has An Options Position In (LLTC)
Peak6 Investments Is Long And Has An Options Position In (TXN)
Peak6 Investments Is Short And Has An Options Position In (MS)
Peak6 Investments Is Short And Has An Options Position In (XLF)
Peak6 Investments Is Short And Has An Options Position In (MCO)
Peak6 Investments Is Short And Has An Options Position In (STT)
Peak6 Investments Is Short And Has An Options Position In (RIMM)
Peak6 Investments Is Short And Has An Options Position In (BRCM)
Peak6 Investments Is Short And Has An Options Position In (SWKS)
Peak6 Investments Is Short And Has An Options Position In (FCX)
Peak6 Investments Is Short And Has An Options Position In (EBAY)
Peak6 Investments Is Short And Has An Options Position In (AMZN)
Peak6 Investments Is Short And Has An Options Position In (SBUX)
Peak6 Investments Is Short And Has An Options Position In (SRCL)
Peak6 Investments Is Short And Has An Options Position In (QQQQ)

For Mark Mahaney
Citigroup Global Markets Or Affiliates Owns 1% Or More Of (NFLX)
Citigroup Global Markets Is A Market Maker In (NFLX)
Citigroup Global Markets Or Affiliate Received Non-Investment Banking Compensation From (AMZN) In Past 12 Months
(AMZN) Is Or In Past 12 Months Was A Client Of Citigroup Global Markets (Non-Investment Banking, Securities-Related Services)
Citigroup Global Markets Is A Market Maker In (AMZN)
Citigroup Global Markets And/Or Affiliates Has A Significant Financial Interest In Relation To (AMZN)

Symbol
Price
 
Change
%Change
TUP
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CREE
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LMT
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UTX
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