This Day On The Street
Continue to site
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

'Fast Money' Recap: Ukraine Concerns

NEW YORK (TheStreet) -- The S&P 500 closed lower as unrest in Ukraine has investors concerned. 

On CNBC's "Fast Money" TV show, Tim Seymour, managing partner of Triogem Asset Management, said the stock market traded better than he expected. However, he's not yet a buyer. 

Brian Kelly, founder of Brian Kelly Capital, questioned how these events would affect the global economy. He is a buyer of gold, and also pointed out how weak the European markets were on Monday, with the DAX closing lower by 3.44% and the CAC 40 closing off 2.66%. 

Karen Finerman, president of Metropolitan Capital Advisors, was pleasantly surprised with how well the U.S. market traded on Monday. 

Must Read: 'Fast Money' Recap: Soured on Apple

Guy Adami, managing director of, said Monday's trading results should have been much worse. He added that the strong bond market concerns him about the stock market. Specifically, he said Lockheed Martin (LMT) and Anadarko Petroleum (APC) both look good on the long side. 

Seymour said crude oil and brent crude oil are not breaking down but could be breaking out to the upside. 

Kelly pointed out the strength in commodities, which has been present even before the current issues in Ukraine arose. The rapid rise could start affecting individual companies, especially restaurants. 

Finerman said Golar LNG Limited (GLNG) could benefit from a natural gas shortage in Ukraine. 

Dennis Gartman, editor and publisher of The Gartman Letter, said investors should stay long the grain market while gold appears to be breaking out. He added that crude oil also looks like it will continue higher. Regarding U.S. equities, he said it's still in a bull market and suggested buying the dips. 

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr 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

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $118.30 0.00%
FB $104.24 0.00%
GOOG $742.60 0.00%
TSLA $230.26 0.00%
YHOO $33.81 0.00%


Chart of I:DJI
DOW 17,719.92 -78.57 -0.44%
S&P 500 2,080.41 -9.70 -0.46%
NASDAQ 5,108.6660 -18.8590 -0.37%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs