'Fast Money' Pops & Drops: Exxon Blips
Pops
Exxon Mobil(XOM Quote) advanced 4%. Karabell said Exxon has been a laggard in the energy space for years, even though the stock held up this month. Drops Hartford Financial(HIG Quote) plunged 75%. Adami said the best thing about Hartford was how Bank of America downgraded the stock today. He says "thanks for nothing." General Motors(GM Quote) fell 39%. Karabell said he was surprised it only dropped 40% this month. Citigroup(C Quote) lost 33%. Terranova said to look for Citigroup to entertain some type of deal with either Goldman Sachs(GS Quote) or Morgan Stanley(MS Quote). iShares Emerging Markets ETF(EEM Quote) traded down 25%. Seymour says "valuations are cheaper in emerging markets than they were back in 2002 at the beginning of another huge five-year run." Aloca(AA Quote) plunged 49%. Adami pointed out that Alcoa has suspended its stock repurchasing program.- Loading Comments...
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The Big Picture
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,058.41 | 1,069.69 | 2,147.26 | 35.93 |
Oil *
71.22
|
|
UP
150.02
|
UP
12.95
|
UP
21.21
|
UP
0.01
|
10 Yr
3.59%
SPDR Gold
105.34
|
|
+1.51%
|
+1.23%
|
+1.00%
|
+0.03%
|
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