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'Fast Money' Recap: 'Risk-On' Markets

Men's Wearhouse (MW) plunged following its earnings report. Finerman said she expects Jos. A. Bank Clothiers (JOSB) to also trade lower because of these results.

At the TechCrunch Disrupt conference, Marissa Mayer, CEO of Yahoo! (YHOO), said the site is getting 800 million monthly active users, without counting Tumblr, a recent acquisition. She continued to stress that the company is focusing on mobile and finding ways to expose its potential growth.

Nathan said Yahoo! could break out with even the slightest fundamental improvement.

Grasso said the stock could break out going into the Alibaba IPO. Yahoo! owns a stake in Alibaba.

Thomas Flexner, global head of real estate at Citigroup (C), was a guest on the show and said rising rates could be a threat to the real estate market. However, if the 10-year Treasury yields go to 4% or 4.5%, then it could really weigh on housing demand and the commercial real estate market. He added that as debt gets more expensive to obtain, demand will go down.

For their final trades, Nathan was a buyer of General Electric (GE) and Finerman said to buy Bank of America (BAC). Haugerud was a buyer of coffee and Grasso said to trim long positions.

-- Written by Bret Kenwell in Petoskey, Mich.

Follow TheStreet.com on Twitter and become a fan on Facebook.

Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter. Focuses on short-to-intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.
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