This Day On The Street
Continue to site
ADVERTISEMENT
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: Market Volatility Returns

Matt Jacob, senior retail and leisure analyst at ITG Investment, was a guest on the show. His firm's recent report sees Coach (COH) reporting better-than-expected third-quarter revenue for North America.

Despite the fact that Coach continues to lose market share to Michael Kors (KORS), he said the Street is too pessimistic. In the longer term, he sees the turnaround story taking hold, but reminded investors that it would not be an immediate fix. He also liked KORS in the longer term as well. 

Seymour said Sina (SINA) faces tough competition, but he's still a buyer at current levels. 

Grasso said Apple's (AAPL) margins are a concern as Samsung's CEO stated the technology market is "in turmoil" due to tough competition. When competition heats up, margins are at risk of declining.

Seymour called Samsung a "world-class company" but said it's a little too early to start buying the stock. 

Kelly said he is long the iShares MSCI Emerging Markets ETF (EEM), which is heavily weighted to shares of Samsung. He said he is concerned by the saturation in the high-end smartphone market, but admitted that it is a bigger concern for Apple than Samsung. 

Must Read: 'Fast Money' Recap: Driving the News

Kelly said investors should not buy Keurig Green Mountain (GMCR) on the news that it will be added to the S&P 500. he suggested buying at $110.

-- Written by Bret Kenwell in Petoskey, Mich. 

Follow @BretKenwell


Follow TheStreet.com on
Twitter and become a fan on Facebook.
Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter.
2 of 2

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
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
SYM TRADE IT LAST %CHG
AAPL $126.44 0.00%
FB $87.28 0.00%
GOOG $523.40 0.00%
TSLA $280.02 0.00%
YHOO $39.38 0.00%

Markets

DOW 17,730.11 -27.80 -0.16%
S&P 500 2,076.78 -0.64 -0.03%
NASDAQ 5,009.2140 -3.9090 -0.08%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs