'Fast Money' Portfolios of the Week

Stock quotes in this article: GS , JPM , AMD , YGE , WMT , TSL , MDR , HAL  

The traders of CNBC's "Fast Money" are ready to see the market sell off or simply take a breather. Guy Adami has been pounding the table on the S&P 500. He has reminded viewers a number of times that if the index closes below 900, it will probably trade toward 875. Karen Finerman thinks the market is due for a rest after screaming higher for several weeks.

Pete Najarian doesn't see many opportunities in this market with rally leaders JPMorgan Chase(JPM Quote) and Goldman Sachs Group(GS Quote) starting to pull back. Dennis Gartman thinks the market was most likely overextended and needs to have a correction, possibly a serious one. He sees the Dow trading down to 7,900, which would represent a normal correction in a healthy market. Even if the market is finally ready to sell off, the crew is still finding pockets of strength and plenty of trading opportunities.

Recently, the panel recently highlighted trading ideas that play off of cancer drug stocks, emerging markets stocks and stocks with unusual options activity. Here are some highlights from the past week as aggregated from the show.

To read more, visit Stockpickr.com.

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