'Fast Money' Recap: Off to a Rousing Start

"It's going to be a sloppy year," in which the lows will be retested and there will be a struggle to move higher than where the markets ended up at the close of 2008, he said.

Ratigan brought on Stacey Gilbert, a market strategist for Susquehanna Capital Group, to talk about options activity and dividend plays. She mentioned three stocks with decent dividend yields that she liked: Bristol Myers(BMY Quote) with a dividend of 4.6%; Home Depot(HD Quote) at 4.0%; and Nucor(NUE Quote)at 3.0%.

In the final trades, Macke said to sell agriculture and steel. Adami said to get out of Rohm & Hass(ROH Quote). Kinaha liked the banks. Terranova liked CurrencyShares Australian Dollar Trust(FXA Quote) and CurrencyShares Canadian Dollar Trust(FXC Quote).

"Check out "'Fast Money' Portfolios of the Week" on Stockpickr every Thursday.