This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

'Fast Money' Recap: The Year Starts Lower

Stocks in this article: LMCA SIRI F GM YHOO UNG TWTR DDD XLF BX

Kelly said the United States Natural Gas ETF (UNG) found support at $20. He is a buyer of natural gas. 

Victor Anthony, managing director at Topeka Capital Markets, was a guest on the show. Regarding the whipsaw-like trading action of Twitter (TWTR), he said it's based solely on momentum. He added there are few negatives for the stock but that could change after the company reports earnings. He said the stock is priced for perfection and has gone too far, too fast. 

Kelly said he would be a seller of TWTR at these levels and believes it could decline to the mid-$50s. Brown, who is long with a small position, said he is hoping for a large, earnings-induced selloff so he can buy more shares. 

Adami suggested investors take profits in Twitter near these levels. 

Avi Reichental, president and CEO of 3D Systems (DDD), was a guest on the show. He said investors can expect more commercial products, consumer products and partnerships to be unveiled at the upcoming Consumer Electronics Show. Many naysayers point to the number of acquisitions DDD makes, he said, but the deals are made for the technology, not to fuel growth. He added that consumer products will grow into a significant market over the long term and his company is positioning itself accordingly.  

Adami said valuation on 3D Systems has been the focal point for the bears for years now. The argument hasn't worked and he suggested not to short the stock. Brown agreed, saying the company, while overvalued right now, is at the forefront of a new industry. 

For their final trades, Seymour is buying gold and selling platinum in a pairs trade. Brown said to buy the Financial Select Sector SPDR ETF (XLF) and Adami said to buy Blackstone (BX)

-- Written by Bret Kenwell in Petoskey, Mich.

Follow 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.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,416.85 +225.48 1.31%
S&P 500 2,021.25 +19.09 0.95%
NASDAQ 4,683.4070 +45.4130 0.98%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs