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UNDER THE RADAR: SMALL CAP SUMMER PLAY?
Good housing plays are few and far between these days but Trex , a maker of composite deck and railing products, may be poised to cash in on homeowners staying put and fixing up their homes.
What must you know about this company before you place your bet? Find out from CEO Ronald Kaplan. Watch the video above. (You'll find our conversation with Kaplan right after the report on Apple!)
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CALL THE CLOSE
Patty Edwards: Don’t play this market without hedging.
Brian Kelly: I’m a seller of the market.
Jeff Tomasulo: I’d go short into the close.
Pete Najarian: Make sure to stay hedged.
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Trader disclosure: On July 16, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Kelly Owns (BP) Puts; Kelly Is Short (GS); Tomasulo Is Short U.S. Dollar vs. Euro; Tomasulo Owns (CAT), (MCD), (VZ), (NFLX), (VXX); Tomasulo Owns (RIG) Calls; Tomasulo Is Long Spot Gold Futures; Najarian Owns (C) Calls; Najarian Owns (V) Call Spread; Najarian Owns (LOW) Calls; Najarian Owns (XLNX); Najarian Owns (ALTR) Call Spread; Najarian Owns (CNI); Najarian Owns (AAPL) Call Spread; Najarian Owns (NOVL)
For Patty Edwards
Edwards Owns (GLD) For Clients
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Edwards Owns (C) For Clients
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Edwards Owns (GE) For Clients
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For Brian Kelly
Accounts Managed By Kanundrum Capital Own (ELX)
Accounts Managed By Kanundrum Capital Own (QLGC)
Accounts Managed By Kanundrum Capital Own (BIG)
Accounts Managed By Kanundrum Capital Are Long Yen
Accounts Managed By Kanundrum Capital Are Short (BA)
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Accounts Managed By Kanundrum Capital Are Short (CSX)
Accounts Managed By Kanundrum Capital Are Short (IWM)
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Accounts Mgd By Kanudrum Capital Own (GLD)
Accounts Mgd By Kanundrum capital Are short Pound
For Brad Hintz
Accounts Over Which Bernstein And/Or Affiliates Exercise Investment Discretion Own 1% Or More Of (GS)
(GS) Is Or In Past 12 Months Was A Client Of Bernstein (Non-Investment Banking Securities Related Services), Bernstein Received Compensation From (GS)
An Affiliate Of Bernstein Received Non-Investment Banking Compensation From (GS) (Securities-Related Services)
Bernstein Or Affiliate Expects To Receive/Seek Investment Banking Compensation From (GS) In Next 3 Months
Larry McDonald
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Colin Gillis
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