'Fast Money' Recap: Rally Time

Stock quotes in this article: ETFC , X , BHP , RTP , TSO , GMA , CHL  

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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