Following are a few tidbits from Fast Money we thought you'd enjoy including Pete Najarian's advice to Mark Cuban about hedging!
Mark Cuban writes, “What is the best way to hedge in order to protect a portfolio in case we see the market back down another 10% or more?”
I would look to the SPY or the Nasdaq, counsels Pete Najarian. And I would buy puts for protection in the index to which you're most exposed.
FAST MONEY STOCK OF THE DAY
Fast Money’s Stock of the Day: McDonald’s
With strong global sales and a relatively low P/E I still think this stock is a buy, says Pete Najarian.
WHO MADE THE MOST MONEY TODAY?
Considering this is Fast Money and all, we could help but wonder who made the most money today? For Thursday June 25th, the Fast Money desk thinks the person who cleaned up the most is… hedge fund superstar David Einhorn.
Just take a look:
American Eagle $892,500
Market Vectors Miners ETF $4.1 Mln
SPDR Gold ETF $3.0 Mln
Total Haul Today: $8 Million