'Fast Money Pops and Drops': Apple Blossoms

Here's what CNBC's "Fast Money" traders had to say about some of the market's biggest movers on their "Pops and Drops" segment Friday.

Pops

Chesapeake Energy (CHK Quote) popped 7%. Pete Najarian said the CEO keeps adding to his position and the company continues to execute.

Apple (AAPL Quote) rose 4%. Joe Terranova said this was a liquidation trade in January. Put a $132.5 stop in to get long, he said.

Drops

GM (GM Quote) dropped 10%. Guy Adami said the company had to recall its cars.

Target (TGT Quote) was down 4%. Karen Finerman observed that the market was unimpressed with the company's sale of its credit card receivable business.

Valero (VLO Quote) fell 7%. Terranova said that Valero's having a hard time selling gasoline when the consumer is stretched.

iShares FTSE/Xinhua China (FXI Quote) slipped 5%. Adami said the fund is getting near interesting levels. Check with Tim Seymour, he said.

R.H. Donnelly (RHD Quote) lost 8%. Finerman said she would not be short, but she would not be long, either.