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: Getting to the Core of Apple

Stock quotes in this article: AAPL, HPQ, CHL, NUAN, QCOM, CAT, VOD, MRK, LULU, XRX, NASH, FLAG, URI, UTX, GLW, ABX

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. 

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.

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.
3 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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 16,804.71 -238.19 -1.40%
S&P 500 1,946.16 -26.13 -1.32%
NASDAQ 4,422.0850 -71.3050 -1.59%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

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