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'Fast Money' Portfolios of the Week

05/08/08 - 01:05 PM EDT

James Altucher

Fast Money's Housing Trades: Recently, hedge fund manager Cyril Moulle-Berteaux wrote a column in The Wall Street Journal that argued the housing market is bottoming. On Tuesday's show, Karen Finerman told viewers, "I think the market has priced in the housing crisis. It's probably OK to dip your toe in the water." Fast Money's Housing Trades include MDC MDC and USG USG among others.

Fast Money's Wedding Stock Trades: The wedding industry generates $70 billion annually, and the traders had some ideas on how to play it. On last Thursday's "Fast Money" show, Jeff Macke told viewers, "Steer clear of the wedding regulars such as Tiffany TIF." Fast Money's Wedding Stock Trades include Costco COST and Wal-Mart WMT among others.

Fast Money's Trader Radar: In a segment called "Trader Radar," the crew highlights stocks with unusual volume that are lighting up screens across Wall Street. On Tuesday's "Fast Money" show, Dylan Ratigan told viewers: "On the trader radar tonight we're watching Scotts Miracle-Grow SMG. Shares of this fertilizer company were among the most active names on the NYSE today." For more names, check out Fast Money's Trader Radar.

Fast Money's New Russian President Trades: Dmitri Medvedev was just sworn in as Russia's new president, taking the reigns from Vladimir Putin. On Wednesday's "Fast Money" show Tim Seymour told viewers, "Right now, Russia is cheap. The cheapest of any emerging market, as far as I am concerned." Fast Money's New Russian President Trades include Vimpel-Communications VIP and Market Vectors Russia ETF RSX among others.




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At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.

James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the Financial Times and the author of Trade Like a Hedge Fund, Trade Like Warren Buffett and SuperCa$h. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback; click here to send him an email.

TheStreet.com has a revenue-sharing relationship with Trader's Library under which it receives a portion of the revenue from purchases by customers directed there from TheStreet.com.


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