American International Group(AIG Quote) traded up 9% off of bullish comments out of Wachovia. Finerman is cautious due to Maurice Greenberg, the largest AIG shareholder.
Emerging Market(EEM Quote) traded up 5% as global markets rebounded. Seymour remarked that this is Yale's sixth largest holding in the Yale Endowment. Merrill Lynch(MER Quote) traded up 5% and Najarian believes the financials are back for now. Banco Bradesco(BBD Quote) traded up 11%. Seymour pointed out they just opened up some branches on the east coast. NVIDA(NVDA Quote) traded up 4%. Adami suggests Intel(INTC Quote) could buy out NVDA. Solarfun Power Holdings(SOLF Quote) exploded up 50%. Najarian says these guys crushed their earnings. Staples(SPLS Quote) traded up 15% after the CEO said traffic in the stores is robust. Seymour mentioned that Staples beat earnings and Goldman Sachs upgraded the stock. Drops - Big Lots(BIG Quote) fell 11% after the retailer said third-quarter sales were down. Finerman pointed out that the earnings were terrible. Tiffany's(TIF Quote) fell 3% after the luxury retailer said U.S. sales slowed. Adami congratulated Dennis Gartman who was short Tiffany's.Final Trade
The team ends the week with their best trades for the viewers.- Seymour would have investors sell Banco Itau Holding Financeira S.A.(ITU Quote).
- Adami's idea is to play the Dow short with Short Dow30 Proshares(DOG Quote).
- Finerman recommends Limited Brands(LTD Quote).
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,270.47 | 1,093.48 | 2,167.88 | 34.29 |
Oil *
75.55
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UP
73.00
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UP
6.24
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UP
18.86
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DOWN
0.17
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10 Yr
3.43%
SPDR Gold
109.74
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+0.72%
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+0.57%
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+0.88%
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-0.49%
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Data delayed 20 minutes |














