'Fast Money' Portfolios of the Week

PEWAUKEE, Wis. (TheStreet) -- According to CNBC's "Fast Money" traders, the adjustment in the third-quarter GDP figure released on Tuesday from an expansion of only 2.8%, rather than the estimate of 3.5%, was significant. Rick Santelli said he was surprised the revised data had little impact on the markets. He explained that this means the markets are trading higher for reasons that aren't fundamentally based.

Karen Finerman pointed out that the markets won't move in the short term off of fundamentals. However, she does think it will become a big factor in the long term. Tim Seymour said there were market players lining up on both sides of the trade in the attempt to interpret the GDP data. He mentioned the same trades live on, with strength in commodities and a weak dollar.

Pete Najarian recommended traders keep commodities names such as Chevron(CVX Quote) and Exxon Mobil(XOM Quote) on their radar. He said both stocks have traded higher over the past several days despite the fact that oil is struggling around $80 a barrel.

Peter Schiff, president of Euro Pacific Capital, joined the traders on Tuesday's show to talk about the strength in gold. He said gold has a lot of room to the upside because the U.S. is printing too much money to stabilize the bank and housing sectors. He told viewers the best place to be invested in are gold, commodities and overseas stocks.

The "Fast Money" crew has recently highlighted trading ideas that play off nine dividend stocks, the weak dollar and unusual options activity. Here are some highlights from over the past week as aggregated from the show.