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Pro: Upside Surprise Potential in ‘This’ Bank Earnings

Earnings season turns hot and heavy next week, with bank stocks landing in the spotlight. In fact the Street is about to experience a deluge of data.

By the end of the week we will have heard from the following:

Monday: Citi, KeyCorp
Tuesday: Goldman, USB, Regions
Wednesday: Huntington, Wells Fargo
Thursday: BB&T, Morgan Stanley, PNC, First Third

On Fast Money's Halftime report, host Melissa Lee asked Credit Suisse analyst Mosche Orenbuch which of the banks that report next week (listed above) had the greatest shot at an upside surprise.

He replied, "It's probably more likely (to come) from Wells Fargo."

That’s largely because Wells already took a charge in the fourth quarter against their mortgage servicing business; an area of weakness for rival JPMorgan. "They didn’t value it as high as JPM," he says.

In addition, "Wells is the closest to being compliant with their mortgage services business than any other bank," he says.

And ahead of the broadcast he told our producers, “Wells Fargo has the lowest loan delinquency/ foreclosure rate, which will also help them."

If you’re looking for other ideas, although he didn’t name stocks, Fast trader Stephen Weiss did suggest banks with a strong middle market loan portfolios. And Orenbuch said the same. “That is where we’re seeing loan growth beginning."

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PRECIOUS METALS

Gold prices hit all-time highs on Friday and silver rallied to its highest level since early 1980, buoyed by expectations U.S. monetary policy will stay loose, that the dollar would remain weak, and oil prices would remain high.

Should you ride the precious metals?

Anthony Scaramucci had believed that the gains in gold and silver were not sustainable but he concedes that he's becoming less skeptical of the trade. "There are a lot of fundamentals that suggest both gold and silver will continue to move up," he says.

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MONEY IN MOTION CURRENCY TRADING: THE MONEY

What’s the money in motion currency trade of the week. Get all the details from Amelia Bourdeau of Westpac Institutional Bank.







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Trader disclosure: On April 15, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Weiss Owns (HK), (CMA), (DVN), (COP), (GDX), (QCOM), (BTU), (TWM), (TBT), (UUP), (MDRX), (JPM), (KEY), (HBAN); Weiss Is Short (X), (AKS); Terranova owns (JPM); Terranova owns (VRTS); Terranova owns (V); Terranova owns (BX); Terranova owns (GS); Terranova owns (UPL); Terranova owns (HOC); Terranova owns (TCK); Terranova owns (BAX); Terranova owns (OXY); Terranova owns (XOM); Terranova owns (AKAM); Jon Najarian long (AAPL), short (AAPL) calls; Jon Najarian is long (MA), short (MA) calls; Jon Najarian is long (AXP), short (AXP) calls; Jon Najarian is long (CBOE), short (CBOE) calls; Jon Najarian is long (CME), short (CME) calls; Jon Najarian is long (NYX), short (NYX) calls; Jon Najarian is long (TYC), short (TYC) calls; Jon Najarian is long (SLV), short (SLV) calls; Jon Najarian is long (SLW), short (SLW) calls; Jon Najarian is long (GOOG) puts

Anthony Scaramucci
SkyBridge Is A Fund Of Funds Manager
Funds Held May Or May Not Own The Recommended Securities

For Mosche Orenbuch
(MA), (BAC), (C), (JPM), (WFC), (PNC), (USB), (AXP), (COF) Is Or In Past 12 Mos. Was A Client Of Credit Suisse
Credit Suisse Provided Investment Banking Services To (MA), (BAC), (C), (JPM), (WFC), (PNC), (USB), (AXP), (COF) In Past 12 Months
Credit Suisse Provided Non-Investment Banking Services To (BAC), (C), (JPM), (WFC), (PNC), (USB), (AXP), (COF) In Past 12 Months
Credit Suisse Has Managed Or Co-Managed A Public Offering Of (BAC), (C), (JPM), (WFC), (AXP) In Past 12 Months
Credit Suisse Expects To Recieve/Seek Invsetment Banking Compensation From (MA), (V) (BAC), (C), (JPM), (WFC), (PNC), (USB), (AXP), (COF) In Next 3 Months
Credit Suisse Has Recieved Non-Investment Banking Compensation From (BAC), (C), (JPM), (WFC), (PNC), (USB), (AXP), (COF) In Past 12 Months
Credit Suisse Securities LLC Is A Market Maker In (BAC), (C), (JPM), (WFC), (PNC), (USB), (AXP), (COF), (MA), (V)
(V) Owned 1% Or More Of (V) As Of End Of Last Month

For Joe Terranova
Terranova is Chief Market Strategist of Virtus Investment Partners, LTD
Virtus Investment Partners Owns More Than 1% Of (ABAX)
Virtus Investment Partners Owns More Than 1% Of (AMKR)
Virtus Investment Partners Owns More Than 1% Of (CCG)
Virtus Investment Partners Owns More Than 1% Of (CASS)
Virtus Investment Partners Owns More Than 1% Of (CSVI)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (FCFS)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (KRC)
Virtus Investment Partners Owns More Than 1% Of (LDR)
Virtus Investment Partners Owns More Than 1% Of (NCRI)
Virtus Investment Partners Owns More Than 1% Of (DBV)
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 (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (XLE)
Virtus Investment Partners Owns More Than 1% Of (XLF)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (XLK)
Virtus Investment Partners Owns More Than 1% Of (XLU)
Virtus Investment Partners Owns More Than 1% Of (WDFC)
Virtus Investment Partners Owns More Than 1% Of (YDNT)
Virtus Investment Partners Owns More Than 1% Of DOMINO'S PIZZA UK & IRL PLC

For Keith McCullough
**No Disclosures

Amelia Bourdeau
**No Disclosures


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