'Fast Money' Portfolios of the Week

Stock quotes in this article: PALM , RIMM , FCX , FSLR , BBY , MOT , CHU  

Updated to add portfolio

The traders of CNBC's "Fast Money" have been warning investors recently about the strong possibility of a correction in the stock market. Guy Adami, for instance, has been pounding the desk for days about warning signs that he's considered very bearish. He told viewers on a number of occasions that the path of least resistance appears to be lower. He was especially concerned about the fact that the S&P 500 has traded up to the 200-day moving average, a key technical level, a couple of times and failed.

Jon Najarian has mentioned he is looking for a 5% to 10% correction in the markets. Joe Terranvoa thinks the weak-dollar trade is making a comeback and the resource names could benefit. He also told viewers he bought some Research In Motion(RIMM Quote) on Tuesday because he feels a sector rotation into tech is making a comeback. Tim Seymour said that if the S&P 500 drops to 850, it will mark a 10% correction. However, he thinks the market is stuck in a range and he doesn't see more downside from current levels.

The "Fast Money" crew has recently highlighted trading ideas that play off the solar sector, six stocks for a market correction and some short trade ideas. Here are some highlights from over the past week as aggregated from the show.

To read more, visit Stockpickr.com.

  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin
Stockpickr is a wholly owned subsidiary of TheStreet.com.




Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,023.42 1,069.30 2,112.44 35.03
Oil *
76.05
UP
17.46
UP
2.67
UP
7.12
DOWN
0.30
10 Yr
3.50%
SPDR Gold
107.43
+0.17%
+0.25%
+0.34%
-0.85%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services