Karen Finerman wouldn’t be surprised to see the market make additional gains. “You can not understate the performance pressure in the hedge fund community,” she says. “As we get toward quarter end hedge funds may need to be buyers no matter what.”
Tim Seymour isn’t really sure which end is up. On the one hand, “We’re rallying for the right reasons – the economy is in better shape,” he says. “However, materials and commodities are lagging,” he adds, and that’s bearish.
What do you think? We want to know!
Got something to to say? Send us an e-mail at email@example.com 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 Web site send those e-mails to firstname.lastname@example.org.
Trader disclosure: On Mar 15, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Seymour is long BAC; Seymour’s firm is long FCX; Seymour’s firm is long GFI; Finerman is long AAPL; Finerman is long BAC; Finerman is long JPM; Finerman is long WMT; Finerman is long HPQ; Finerman is long KFF; Finerman is long PACD; Finerman’s firm is long AAPL and short calls; Finerman’s firm is long JPM; Finerman’s firm is long WMT; Finerman’s firm is long PACD; Adami is long C; Adami is long GS; Adami is long INTC; Adami is long AGU; Adami is long NUE; Adami is long BTU; McCullough is long XLU
For Carter Worth
For Brian Nagel
The author certifies that this research report accurately states his/her personal views about the subject securities, which are reflected in the ratings as well as in the substance of this report. The author certifies that no part of his/her compensation was, is, or will be directly or indirectly related to the specific recommendations or views contained in this research report.
For Shaw Wu
(CSCO): Sterne, Agee & Leach, Inc. makes a market in the shares of the subject company
(AAPL): Sterne, Agee & Leach, Inc. makes a market in the shares of the subject company
(EMC): Sterne, Agee & Leach, Inc. makes a market in the shares of the subject company
(IBM): Sterne, Agee & Leach, Inc. makes a market in the shares of the subject company
CNBC.com and wires