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TheStreet Open House

'Fast Money' Pops and Drops: PetroChina

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 Thursday.

Pops

PetroChina (PTR - Get Report) was a pop today. Joe Terranova said that it is a great play without having to touch oil futures.

Carnival (CCL - Get Report) made investors happy today as it popped 5%. Jeff Macke said that it recently released its largest cruise liner and that the recent airline cutbacks have provided aid for the cruise industry.

Casella Waste Systems (CWST - Get Report) was another pop today. Terranova said that it was raised to overweight by JPMorgan.

Drops

Citigroup (C - Get Report) lost today and Guy Adami said that he "wouldn't buy it with Pete's money."

Peter Najarian said that Alpha Natural Resources (ANR - Get Report) had a "tough day" but he still likes them.

Today, satellite radio companies dropped. XM Satellite Radio (XMSR) received a 17% hit and Sirius (SIRI - Get Report) was downgraded by Goldman Sachs. Macke said that he told investors "sell on Monday."

Moving on to financials, UBS (UBS) faltered on Thursday with a 4% drop. Terranova said that Goldman Sachs spoke of European banks, specifically UBS, having the largest exposure right now.

J.M. Smucker (SJM) was 8% lower today and Adami said that if you bought ahead of earnings it was not a good day for you.

Motorola (MOT) and Nokia (NOK) stumbled during today's trading hours. Najarian said that many consumers are purchasing BlackBerry and the iPhone now; unfortunately, this hurts the other phone producers.

This article was written by a staff member of TheStreet.com.

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