'Fast Money' Portfolios of the Week
By Roberto Pedone
WINDERMERE, Fla. (
) -- According to
CNBC's
"Fast Money" traders, fighting the tape as stocks continue to push higher into the second quarter could be a money-losing proposition. On Wednesday's "Halftime Report" segment, Guy Adami told viewers that stocks are trading higher despite the ADP jobs report, which showed we lost 23,000 jobs this month, missing expectations for a gain of 40,000 jobs. Adami said he's long-term bearish, but he wouldn't fight the tape until the
S&P 500
breaks 1150 on the downside, because clearly the market wants to go higher.
Jared Levy of Peak6 said he can't understand why the market keeps going up, but he mentioned he loves names that are involved with food, such as
Tyson Foods
(TSN) - Get Report
and
Archer Daniels Midland
(ADM) - Get Report
, which have both been beaten up recently. Patty Edwards said she likes the unloved food and industrial stocks plus the dividend payers. Two names that fit her criteria are
Coca-Cola
(KO) - Get Report
and
Arrow Electronics
(ARW) - Get Report
.
Brian Kelly said he's been selling into this rally, but so far that hasn't worked. He recommended
Ritchie Bros. Auctioneers
(RBA) - Get Report
for investors looking for a trade in the industrial sector. Kelly told market players that he's a buyer of the market as long as stocks continue to trend higher into the close.
The "Fast Money" crew has recently highlighted trading ideas that play off a tepid stock market,
and stocks with
. Here are some highlights from over the past week as aggregated from the show.
Fast Money's Hot Trades for a Tepid Market
: Considering all the uncertainty and divergent outlooks that are currently present in the market, how should you navigate these conditions? On Tuesday's "Fast Money" show, Guy Adami told viewers: "The market is looking a little tired, and I think investors need to get into bullet-proof sectors such as agriculture. I like
Agco
(AG) - Get Report
, which raised its outlook, showed good earnings and has a $45 price target." The
Fast Money's Hot Trades for a Tepid Market
portfolio includes
Akamai Technologies
(AKAM) - Get Report
and
IBM
(IBM) - Get Report
.
Fast Money's Short-Squeeze Trades
: The traders are keeping a close eye on a number of stocks that could be experiencing classic short squeezes. On last Thursday's "Fast Money" show, Guy Adami told viewers: "
Lululemon Athletica
(LULU) - Get Report
had a fine quarter, but its valuation doesn't make a lot of sense. I think short squeezes have moved the stock higher." The
Fast Money's Short Squeeze Trades
portfolio includes
Citigroup
(C) - Get Report
and
Garmin
(GRMN) - Get Report
.
Who Owns Citigroup?
George Soros
Bruce Berkowitz
Eddie Lampert
|
Fast Money's Options Trades & Activity
: The traders have noticed some unusual options activity in a number of stocks. On Tuesday's "Fast Money" show, Jon Najarian told viewers: "Dealmaking is heating up in ag, with unusually heavy options activity in
Intrepid Potash
(IPI) - Get Report
." The
Fast Money's Options Trades & Activity
portfolio includes
Research In Motion
( RIMM) and
Yum! Brands
(YUM) - Get Report
.
Fast Money's Real Demand Trades
: The traders see real demand in China and other places around the globe for commodities such as copper and coal. On Monday's "Fast Money" show, Joe Terranova told viewers: "I like the global recovery theme in the coming quarter and shipping, coal and copper names should perform well." The
Fast Money's Real Demand Trades
portfolio includes
Pride International
( PDE) and
Cliffs Natural Resources
(CLF) - Get Report
.
: Financial stocks have been in play after published reports recently said the Treasury may unveil a plan next month for the sale of its stake in
Citigroup
(C) - Get Report
. What's the trade? On last Thursday's "Fast Money" show, Tom Gordon told viewers: "Charts suggest to me that
JPMorgan Chase
(JPM) - Get Report
could move to the upside with $45 being support. But with the yield curve flattening out I'm not sure how long financials can keep these gains going." The
portfolio includes
Bank Of America
(BAC) - Get Report
and
Goldman Sachs Group
(GS) - Get Report
.
Fast Money's Aerospace/Defense Trades
: The future of the military looks to be moving toward the use of unmanned drones. How should you trade the aerospace/defense complex? On Tuesday's "Fast Money" show,
told viewers: "As a second derivative play I'm a buyer of
Flir Systems
(FLIR) - Get Report
." The
Fast Money's Aerospace/Defense Trades
portfolio includes
BE Aerospace
(BEAV)
and
Honeywell
(HON) - Get Report
.
Stockpickr Answers Any thoughts on Flir? |
-- Written by Roberto Pedone in Windermere, Fla.
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>>Cash-Generating Short Squeezes
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