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: Another Week, Another Record Close

Kelly disagreed, saying shares of Apple seem most likely to trade up to $100 before selling off to $85. Najarian disagreed about stock being in nosebleed levels, arguing options buyers are purchasing a lot of calls and are looking for continue upside for several months. 

Keurig Green Mountain (GMCR) closed higher by 8% on no apparent news. Najarian pointed out the mysterious call buying activity in the June 13th weekly $120 call options.

Grasso said investors who are long eBay (EBAY) should use $48 as their stop-loss.

Humana (HUM) popped 2% and was the first stock on the show's "Pops & Drops" segment. "I think it goes higher," Najarian said. 

Unilever (UL) fell 1%. Seymour called it "one of the best global food companies," but said management appears to lack focus right now. 

Arista Networks (ANET) soared 28% in its public trading debut. Grasso reasoned that investors in the stock are likely safe for now but questioned the rather lofty valuation. 

Gap GPS climbed 2% after announcing that same-store sales increased 4% for the month of May. Kelly suggested Gap's positive results might have taken market share from Lululemon Athletica (LULU)

Najarian pointed out the bullish options activity in shares of Ford (F). Specifically, a trader sold a long position of 45,000 September $17 call options and purchased 45,000 September $18 call options in a move looking for additional upside. 

Rumors are beginning to circulate that Ford's soon-to-be ex-CEO, Alan Mulally, might be headed to Sears Holdings (SHLD) in an attempt to turn around the struggling retailer. 

Kelly was not sure about that idea, saying that even good operators in retail have been struggling lately --  meaning that turning around an already poor performing company would be that much harder. 

Seymour agreed with Kelly, questioning if it would make sense to bring in a CEO with a background largely in manufacturing in an attempt to solve a "major retail conundrum." 

For their final trades, Seymour is a buyer Total S.A. (TOT) and Najarian is buying EPI. Kelly is a buyer of Control4 (CTRL) and Grasso is buying KBH. 

-- Written by Bret Kenwell in Petoskey, Mich.

Follow @BretKenwell

Follow 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

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 17,156.85 +24.88 0.15%
S&P 500 2,001.57 +2.59 0.13%
NASDAQ 4,562.1890 +9.43 0.21%

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