A rise in oil prices and dovish Federal Reserve remarks helped stocks rise Thursday, one day after a steep drop. Following the climb, some "Fast Money" traders highlighted JPMorgan Chase, which also gave markets a push higher with robust earnings.

The banking giant posted earnings of $1.32 per share on $23.7 billion in revenue, topping Wall Street's estimates for both. Its shares rose 1.5 percent on Thursday.

JPMorgan "should have been up a lot more" than that Thursday, contended trader Karen Finerman. She highlighted loan growth and net interest margin expansion.

Trader Tim Seymour added that the bank looks to have outpaced its peers in the consumer business.

U.S. oil settled more than 2 percent higher Thursday, helping energy stocks rise. The Energy Select Sector SPDR Fund climbed more than 4 percent, and could have more upside, Finerman said.

Seymour also looked to the iShares Russell 2000 ETF, which rose more than 1 percent Thursday.

Disclosures:

Tim Seymour

Tim Seymour is long AAPL, BAC, CLF, DIS, F, FCX, GE, GM, GOOGL, INTC, IWM, JCP, JPM, KO, LGF, RL, T, TWTR. Tim's firm is long BABA, BIDU, MCD, NKE, SBUX, YHOO.

Steve Grasso

Steve is Long AAPL, BA, BAC, CC, DD, DIS, DECK, EVGN, KBH, MJNA, MBLY, MU, OLN, PFE, PHM, T, TWTR, GDX firm is long APC, CXO, OXY, BP, CVX, RIG kids own EFA, EFG, EWJ, IJR, SPY

Karen Finerman

Karen is long BAC, C, FL, GOOG, GOOGL, JPM, KORS, KORS call spreads, M, SEDG, SPY calls, URI, she is short SPY, Her firm is long ANTM, AAPL, BAC, C, FL, FL calls, GOOG, GOOGL, JPM, KORS, LYV, M, MA, MOH, NRF, PLCE, URI, URI long puts, WFM, her firm is short IWM, MDY, SPY. Karen Finerman is on the board of GrafTech International.

Guy Adami

Guy Adami is long CELG, EXAS, GDX, INTC, Guy Adami's wife, Linda Snow, works at Merck.