'Fast Money' Recap: Global Godzillas

Eric Bolling said he would only play Cameco and USEC(USU Quote) for the long term -- like six months. He feels this sector is too volatile for short-term trades.

Pete Najarian was bullish on solar power plays Sunpower(SPWR Quote), Cypress(CY Quote) and MEMC Electronic Materials(WFR Quote) ( WFR). Jeff Macke likes PG&E(PCG Quote).

Word on the Street

Is it safe to get back into the stock market? Eric Bolling is bullish on earnings and believes stocks are cheap. Jeff Macke is a seller at 1490 on the S&P 500, but he feels the market could bounce. Guy Adami believes the market will continue to sell off, but that overall, it looks good.

Pete Najarian doesn't believe market players are as nervous as they were late last week. Chip stocks were some of the best performers om Monday. Pete Najarian is bullish on the wireless sector and he likes Vodafone(symbol Quote) and AT&T(T Quote), as well as Broadcom(BRCM Quote), Qualcomm(symbol Quote), Nvidia(NVDA Quote), and Ericsson(ERICY Quote).

Guy Adami would watch Nvidia's gross margins here, and Jeff Macke was bullish on Intel(INTC Quote) for the long term.

Regional banks were also among the top-performing sectors today. Guy Adami would rather be in Bank of America(symbol Quote) then the regional banks. Eric Bolling would avoid the banks due to the subprime worries.

Ameritrade(AMTD Quote)saw some interesting options activity on Monday. Pete Najarian believes options players think Ameritrade is done going down. Guy Adami believes Ameritrade will make a deal with ETrade(ETFC Quote), but Eric Bolling would stay away from the financial sector.