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Stock Guru Solves The Market Mystery


With the fortunes of Europe hanging in the balance, why on earth would the Dow surge into the end of next year?

The latest economic data hardly seems bullish. Although the headline jobs numbers was arguably positive, pro after pro remind us that the small-business household survey dropped 195,000.

In turn, the unemployment rate ticked higher - up to 8.3 percent.

Stock Guru Solves the Market Mystery

And late last week, the head of the San Francisco Federal Reserve said the Fed should launch a fresh round of bond buying to lower the U.S. unemployment rate more quickly.

Considering the headwinds, why would someone as esteemed as

Posted by CNBC's Lee Brodie

fastmoney-web@cnbc.comRapid Recap.

Trader disclosure: On August 13, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Jon Najarian is long call spreads in AAPL; Jon Najarian is long call spreads in EEM; Jon Najarian is long call spreads in FMCN; Jon Najarian is long call spreads in SBYX; Jon Najarian is long call spreads in OAS; Jon Najarian is long call spreads in ABX; Jon Najarian is long GLUU; Jon Najarian is long STSI; Jon Najarian is long CME; Jon Najarian is long CBOE; Joe Terranova is long VRTS; Joe Terranova is long MCD; Joe Terranova is long SBUX; Joe Terranova is long WFM; Joe Terranova is long AAPL; Joe Terranova is long EMC; Joe Terranova is long NXPI; Stephen Weiss is long JPM; Stephen Weiss is long WLP; Stephen Weiss is long QCOM; Stephen Weiss is long VZ; Stephen Weiss is long T; Stephen Weiss is long HK; Stephen Weiss is long TOT; Stephen Weiss is short JCP; Stephen Weiss is short AAPL PUTS; Steve Grasso is long HPQ; Steve Grasso is long ZNGA; Steve Grasso is long MSFT; Steve Grasso is long DD; Steve Grasso is long ASTM; Steve Grasso is long BA; Steve Grasso is long D; Steve Grasso is long FRO; Steve Grasso is long LNG; Steve Grasso is long MHY; Steve Grasso is long MO; Steve Grasso is long NVIV; Steve Grasso is long PFE; Steve Grasso is long S; Steve Grasso is long XLU

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