Has this frenzied M&A activity set a floor to this market? Seems like a good time to consult the charts.
Find out what patterns in charts of the S&P suggest to technical analyst John Roque of WJB Capital.
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Trader disclosure: On March 1st, 2010, 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), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Kaminsky Owns (EPV); Kaminsky Owns (LULU) Puts; Najarian Owns (BAC) Call Spread; Najarian Owns (INTC) Calls; Najarian Owns (JDSU) Calls; Najarian Owns (MRVL); Najarian Owns (NTAP) Calls; Najarian Owns (AKAM); Najarian Owns (MRVL); Najarian Owns (NTAP) Calls; Seymour Owns (AAPL), (BAC), (F), (INTC), (NIHD); Kelly Owns (FXY) Puts; Finerman's Firm Owns (MIL); Finerman's Firm Owns (OSIP); Finerman's Firm Owns (XBI); Finerman's Firm Owns (IBB); Finerman's Firm Owns (ARG) Calls; Finerman's Firm Owns (GGWPQ); Finerman's Firm Owns (SII) Call Spreads; Finerman's Firm Owns (ACL); Finerman Owns (AAPL); Finerman's Firm And Finerman Own (GOOG); Finerman's Firm Owns (QCOM); Finerman's Firm Owns (BAC), (BAC) Leaps; Finerman Owns (BAC) Preferred, (BAC); Finerman's Firm And Finerman Own (JPM); Finerman's Firm Owns (IBM); Finerman's Firm Owns (MIL); Finerman's Firm Owns (OSIP); Finerman's Firm Owns (XBI); Finerman's Firm Owns (IBB); Finerman's Firm Owns (ARG) Calls; Finerman's Firm Owns (GGWPQ); Finerman's Firm Owns (SII) Call Spreads; Finerman's Firm Owns (ACL);
Terranova Owns (GLD) March Puts; Karabell Owns (RIMM), (UYG), (AAPL), (NOK), (XES), (VALE), (TC); Jon Najarian Owns (AAPL), Is Short (AAPL) Calls; Jon Najarian Owns (BAC), Is Short (BAC) Calls; Jon Najarian Owns (C), Is Short (C) Calls; Jon Najarian Owns (GS), Is Short (GS) Calls; Jon Najarian Owns (MIL), Is Short (MIL) Calls; Jon Najarian Owns (MS), Is Short (MS) Calls; Jon Najarian Owns (QCOM), Is Short (QCOM) Calls; Jon Najarian Owns (RIMM), Is Short (RIMM) Calls; Jon Najarian Owns (WFC), Is Short (WFC) Calls; Jon Najarian Owns (WMT), Is Short (WMT) Calls; Jon Najarian Owns (TSL) Call Spreads; Jon Najarian Owns (SII) Call Spreads; Jon Najarian Owns (CRM) Call Spreads; Jon Najarian Owns (MU) Call Spreads; Nations Owns (MSFT), (SPY)
For Tim Seymour:
Seygem Asset Management Is Short (FCX)
Seygem Asset Management Owns (VIP)
Seygem Asset Management Owns (VIP)
For Brian Kelly:
Kanundrum Capital Owns (C)
Kanundrum Capital Owns (JPM)
Kanundrum Capital Owns (CS)
Kanundrum Capital Owns (DB)
Kanundrum Capital Owns (NBG)
Kanundrum Capital Owns (EWP)
Kanundrum Capital Owns (EWJ)
Kanundrum Capital Is Short Yen
Kanundrum Capital Is Short British Pound
Kanundrum Capital Is Short Euro
Kanundrum Capital Is Short (GS)
For Joe Terranova:
Terranova Works For (VRTS)
Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.
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