Pops & Drops: Amazon, Microsoft...

Following are the week’s biggest winners and losers. Find out why shares of Amazon and Microsoft popped while Hartford Financial and Michael Phelps dropped.

POPS (stocks that jumped higher)

iShares FTSE/XINHUA China 25 Index Fund (FXI) popped 13%. Investors are betting the government stimulus will help boost the economy. - If there's no inflation in China the stimulus could lift the FXI even higher, speculates Tim Seymour.

Amazon (AMZN) popped 13%. The Internet retailer rallied on a strong earnings report and on speculation a Kindle 2.0 will be released Monday. - As more people shop on-line - they benefit, muses Zachh Karabell.

Microsoft (MSFT) popped 15%. The software giant rose on the coat tails of Cisco’s earnings results. - Microsoft is strong, says Pete Najarian.

Sex In The City. After the first movie grossed over $400 million worldwide, New Line Cinema has just announced Carrie, Samantha, Miranda and Charlotte will be returning for a second “Sex” movie. Shooting is expected to begin this summer, with a release date in 2010.

Akamai Technologies (AKAM) popped 29%. The largest supplier of software and web services climbed after it beat on earnings for the fourth-quarter. - That's a big move, says Tim Seymour.

Wal-Mart (WMT) popped 6%. Investors liked hearing that same-store sales were better than expected and brushed off warnings that’s second quarter earnings could be lower than expected. - The drop earlier in the week turned out to be a great opportunity, says Pete Najarian.

Harley-Davidson (HOG) popped 20%. Warren Buffett’s Berkshire Hathaway agreed to buy $300 million of debt, for 15% percent return on the notes. - The stock popped because of Buffett, says Zach Karabell.

Chesapeake Energy (CHK) popped 17%. The Energy Department reported that natural gas storage levels dropped last week – a good thing for this company. - The sector has been absolutely beaten up, says Pete Najarian.

Second Jobs. In this tough economic environment, apparently more women are turning to dominatrix work to supplement their incomes. CNBC’S Pony blog reports that women can earn anywhere from $80 to $1,000 an hour working in ‘the dungeon'. For more visit Cindy Perman’s blog at Ponyblog.cnbc.com or click here.

DROPS (stocks that slid lower)

General Electric (GE) dropped 8%. Moody’s reevaluated the company’s debt rating, and on Friday JPMorgan said its AAA rating is probably not sustainable. - Next week could be a big tell for this stock, speculates Guy Adami.

Hartford Financial (HIG) dropped 8%. The life insurance company posted a large quarterly loss, slashed its dividend, missed its capital target, and got its credit rating cut to A1 from Aa3 by Moody’s. - It seems like they're paying the price for miscalcualtions in annuities, says Zach Karabell.

Michael Phelps. After getting photographed smoking marijuana from a bong last week, Olympic gold medal winner Michael Phelps is feeling the repercussions. Yesterday Kellogg announced it will not renew its sponsorship deal with Phelps, saying his behavior “is not consistent with the image” of the company. The 23-year old has also been suspended by USA swimming and will not be allowed to compete for 3 months.

Disney (DIS) dropped 6%. First quarter profits came in worse than expected and speculation suggests the company could have its credit rating cut from A. - I'd take a look with a stop out below $19, says Guy Adami.




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Trader disclosure: On Feb. 6th, 2008, 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), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Najarian Owns (CAT) Call Spread; Najarian Owns (EEM) Call Spread; Najarian Owns (FCX) & (FCX) Calls; Najarian Owns (GS) Calls; Najarian Owns (MWW) Calls; Najarian Owns (GDX) Call Spread;Najarian Owns (MSFT) & (MSFT) Short Calls; Najarian Owns (MS) & (MS) Short Calls; Najarian Owns (MOS) Call Spread; Karabell Owns (BHP), (CSCO), (FCX), (GE), (JPM), (NVDA), (NOK); Seymour Owns (BAC), (EEM), (FXI), (TM); Seymour's Firm Owns (TKC)