CHIP TRADE
The traders are also keeping a close eye on the chip space after Texas Instruments said production setbacks due to the disaster in Japan hurt its first-quarter results and will also weaken second-quarter growth.
What’s the trade?
Trader Brian Kelly reminds the desk he’s short the SMH .
Hear from Craig Berger Of FBR Capital: Find out why he tells us he thinks , “things get better for the chip sector in the fourth quarter.”
Watch the video now!
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Trader disclosure: On April 19, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Terranova Owns (VRTS); Terranova Owns (JPM); Terranova Owns (V); Terranova Owns (BX); Terranova Owns (UPL); Terranova Owns (HOC); Terranova Owns (TCK); Terranova Owns (BAX); Terranova Owns (OXY); Terranova Owns (XOM); Terranova Owns (AKAM); Cortes Owns (SDY): Cortes Owns (EXC): Cortes Owns (RIMM); Cortes Is Short (BAC); Cortes Is Short (F); Cortes Is Short Nasdaq Futures; Cortes Is Short EUR/CHF; Cortes Owns (GS)
For Patty Edwards
Edwards Owns (GLD) For Clients
Edwards Owns (JNJ) For Clients
Edwards Owns (MSFT) For Clients
Edwards Owns (QCOM) For Clients
Edwards Owns (QQQQ) For Clients
Edwards Owns (SLV) For Clients
Edwards Owns (SPY) For Clients
Edwards Owns (GLW) For Clients
For Joe Terranova
Terranova is Chief Market Strategist of Virtus Investment Partners, LTD
Virtus Investment Partners Owns More Than 1% Of (ABAX)
Virtus Investment Partners Owns More Than 1% Of (AMKR)
Virtus Investment Partners Owns More Than 1% Of (CCG)
Virtus Investment Partners Owns More Than 1% Of (CASS)
Virtus Investment Partners Owns More Than 1% Of (CSVI)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (FCFS)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (KRC)
Virtus Investment Partners Owns More Than 1% Of (LDR)
Virtus Investment Partners Owns More Than 1% Of (NCRI)
Virtus Investment Partners Owns More Than 1% Of (DBV)
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 (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (XLE)
Virtus Investment Partners Owns More Than 1% Of (XLF)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (XLK)
Virtus Investment Partners Owns More Than 1% Of (XLU)
Virtus Investment Partners Owns More Than 1% Of (WDFC)
Virtus Investment Partners Owns More Than 1% Of (YDNT)
Virtus Investment Partners Owns More Than 1% Of DOMINO'S PIZZA UK & IRL PLC
For Brian Kelly
Accounts Managed By Brian Kelly Capital Own (AGO)
Accounts Managed By Brian Kelly Capital Own (CLNE)
Accounts Managed By Brian Kelly Capital Own (EWP)
Accounts Managed By Brian Kelly Capital Own (GLD)
Accounts Managed By Brian Kelly Capital Own (SLV)
Accounts Managed By Brian Kelly Capital Own (JJG)
Accounts Managed By Brian Kelly Capital Own (DBA)
Accounts Managed By Brian Kelly Capital Own (TSN)
Accounts Managed By Brian Kelly Capital Own (MCP) Calls
Accounts Managed By Brian Kelly Capital Own VIX Calls
Accounts Managed By Brian Kelly Capital Own (SPY) Puts
Accounts Managed By Brian Kelly Capital Own (CLF) Puts
Accounts Managed By Brian Kelly Capital Are Long Wheat
Accounts Managed By Brian Kelly Capital Are Long Soybeans
Accounts Managed By Brian Kelly Capital Are Long Natural Gas
Accounts Managed By Brian Kelly Capital Are Short (XLF)
Accounts Managed By Brian Kelly Capital Are Short (SMH)
For Craig Berger
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (INTC)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (AMD)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (NVDA)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (MRVL)
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (MXIM)
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