Walter Energy (WLT) was the first stock on the show's "Pops & Drops" segment. Seymour said investors could stay long because coal prices seem likely to go higher.
Alcoa (AA) jumped 2% and Scaramucci said it looks like a technical bounce. He thinks it could trend higher on increased aluminum demand.
(TSLA) popped 2% and Grasso said the stock needs to hold the $157.80 level. He complimented CEO Elon Musk on how he's managed the company thus far.
Grasso said the refinery stocks are at risk of losing 30% to 50% of their value if the 40-year ban on crude oil exporting is lifted. He added refineries are able to take advantage of massive WTI crude oil spreads due to international pricing. If the spreads diminish due to the ban being lifted, then the margins will also diminish, crushing many of the refiners.
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