'Fast Money' Portfolios of the Week

Updated from 10 a.m. EDT

The traders of CNBC's "Fast Money" have been amazed and shocked at the rapid decline in the U.S. stock market this week. Despite the carnage on Wall Street, the gang is currently hunting for the next big trend that will arise out of the massive selloff. The crew knows that at times like these, it pays to be in the right sectors and out of the wrong ones. The traders also know that when the time is right, it will pay big to be the contrarian on the street and go against the crowd and prevailing investor sentiment.

The crew will surely be prepared to spot the bottom in the stock market once it occurs. Don't be left guessing when it might happen. Tune in to the show and be one step ahead of the street.

The gang recently highlighted trading ideas that play off value stock picks, such as Apple(AAPL Quote); bank stocks, such as Bank of America(BAC Quote); and stock picks for a low-return environment, including Johnson & Johnson(JNJ Quote). Here are some highlights from over the past week as aggregated from the show. ...