Fast Money Madness: Our Sweet 16

The second round of Fast Money Madness has ended and only the strong have survived. These are the Sweet 16.

As you may know, we’ve ranked stocks in the S&P 500 by four major industries. In the first round of play we eliminated half of the competitors.

> Click here to see the latest brackets.

And some of the rivalries may be telling. For example:

GE (11) beat Caterpillar (3) in an upset victory with only 50.1% of the vote. Now the conglomerate faces Ford (10) in round 3.

Disney (12) triumphed over Home Depot (4) with only 50.1% of the vote and now the Mouse House faces Walmart (1) in round 3.

Other match-ups also look interesting. For example:

McDonald's (14) Vs. Amazon (7)

Apple (2) Vs. Cisco (3)

How will it play out? You decide. Text the word MADNESS to 26221 to start playing (message and data rates may apply).

______________________________________________________
Got something to to say? Send us an e-mail at [e-mail] and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-mails to [e-mail].

Trader disclosure: On March 24th, 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); Najarian Owns (BAC) Calls; Najarian Owns (C) Calls; Najarian Owns (CAT) Calls; Najarian Owns (DVN) Calls; Najarian Owns (F) Calls; Najarian Owns (GE) Calls; Najarian Owns (INTC) Calls; Najarian Owns (MCD) Call Spread; Najarian Owns (MOS) Calls; Najarian Owns (RHT) Call Spread; Najarian Owns (YHOO) Call Spread; Terranova Is Short Crude Oil May Futures; Terranova Is Short (CAL), (UAUA), (GS); Terranova Owns (QCOM), (APA), (AMSC); Terranova Owns (GLD) April Puts; Terranova Owns (GS) Puts; Funds Managed By Dennis Gartman Are Short Euro; Stutland Equities Is A Market Maker In VIX And SPX Options; Stutland Owns (TXN)

GE Is The Parent Company Of CNBC

For Joe Terranova:
Terranova Works For (VRTS)
Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (GOK)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLV)
Virtus Investment Partners Owns More Than 1% Of (XLI)

For Brian Kelly:
Kanundrum Capital Owns (BX)
Kanundrum Capital Owns (EVR)
Kanundrum Capital is Short (EURUSD)

CNBC.com with wires