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'Fast Money' Recap: Getting to the Core of Apple

Adami said that at current levels, CAT looks like an attractive short-sell candidate since it is near the upper end of its range. Brown added that any sort of bad macro economic data could send the stock significantly lower. 

Vodafone (VOD) was the first stock on the show's "Pops & Drops" segment. Seymour suggested not chasing the stock after it fell 3%. 

Merck & Co. (MRK) was up 1% on a Morgan Stanley upgrade. However, Brown found it too expensive and he's not a buyer. 

Lululemon Athletica (LULU) dropped 3% and Finerman said it's almost down to a buyable price. 

Must Read: 'Fast Money' Recap: Down on Big Blue

Xerox (XRX) fell 5% and Adami said investors could buy the stock at $9. 

Larry McDonald, senior director at NewEdge, was a guest on the show. He said investors should be focused on the shadow banking issues in China, but admitted it would likely take awhile to a hurt a strong bull market like the current one in U.S. equities. He suggested investors focus on the credit default swaps from financial institutions as tells on what may happen next. 

Brown said investors should not get caught up in all of these new but very odd exchange-traded funds such as the LocalShares Nashville Area ETF (NASH) and the Forensic Accounting ETF (FLAG). He referred to them as "snake oil" sales. 

For their final trades, Finerman is a buyer of United Rentals (URI) and Seymour is selling  United Technologies (UTX). Brown said to buy Corning (GLW) and Adami is buying Barrick Gold (ABX)

-- Written by Bret Kenwell in Petoskey, Mich.

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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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