Fast Money Pops & Drops
'Fast Money Pops and Drops': Coal Consoling
03/26/08 - 06:42 PM EDT
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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 Wednesday.
Pops
CVRD RIO popped 5%. Tim Seymour said to watch out for a Freeport-McMoRan FCX acquisition. Consol Energy CNX rose 3%. Pete Najarian said Goldman Sachs upgraded coal stocks. Consol is leading the charge, and it has a lot more room to run, he said.Drops
Jabil Circuit JBL dropped 18%. Najarian said it missed on profit and sales and suffered four downgrades. Awful, he said. Capital One COF ticked down 3%. Karen Finerman said there's more downside. P.F. Chang's PFCB lost 9%. Macke said casual dining is not such a good space. Get out, he said. The SPDR S&P Homebuilders XHB slipped 6%. Seymour said 13-year lows in home sales are not very good for the fund. Charlotte Russe CHIC tumbled 13%. Finerman said the company missed earnings and guided lower. Not a good stock, but nice ticker, she said.Pete Najarian says the bad news in other names has knocked the handset maker down.
Tim Seymour said the government is now allowing the GSEs to issue more loans, a big positive.
The ol' Big Board jumps 10%.
Yahoo! is among the most searched stocks on TheStreet.com. Here's what Cramer had to say about the stock recently.
Catch up on his thinking on the hottest topics of the past week.
Investors will have to deal with a Fed meeting and another flood of earnings and economic data.
Ensco International and Echelon have the potential to move higher in coming days.
See who made what calls.
The addition of video is helping telecom companies compete against cable and satellite companies.
The June West Texas Intermediate contract reflects selling pressure ahead of Tuesday's expiration. But stocks in the sector are generally trading higher.
See who made what calls.
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