Updated from 8:59 a.m. EST
Following great minds on Wall Street can lead to large profits for your bank account. The "Fast Money" traders bring some of their best investment ideas to the public five days a week.
The crew recently highlighted trading ideas that play off of trading the trend, M&A chatter and stock ideas gathered from the International Toy Fair that was recently held in New York City. Here are some highlights from the past week as aggregated from the show.
: The "Fast Money" traders think the power sector will be in play if the
continues to cut rates. On last Thursday's "Fast Money" show, Karen Finerman told viewers: "Power stocks are always some of the best places to go when the Fed slashes rates."
Utilities Select Sector SPDR
: Dan Fitzpatrick, a technical analyst and contributor to
, joined the "Fast Money" crew Monday to discuss how he is trading the trends. Fitzpatrick told viewers, "Analysts like
Annaly Capital Management
because they don't have any subprime exposure. However, I think it's too late to buy unless it's for a quick trade. And watch out for a $24 ceiling."
: Economists from the Center for Medicare and Medicaid Services are predicting that health-care spending could double to $4.3 trillion by 2017. On Tuesday's "Fast Money" show, Pete Najarian told viewers, "Big Pharma names like
would offer good trades on the trend."
also include names like
: The "Fast Money" traders reviewed some recent M&A chatter swirling around Wall Street. On Monday's "Fast Money" show, Karen Finerman told viewers: "I think it's time for
to come up with something."
: In a segment called "Trader Radar," the crew features stocks with unusual volume that are lighting up screens across Wall Street. On Tuesday's "Fast Money" show, Dylan Ratigan told viewers: "
Del Monte Produce
is on the "Fast Money" Trader Radar. This fruit producer traded four times its normal average volume today."
Johnson & Johnson
: Jeff Macke recently found some investment ideas after attending the International Toy Fair in New York. On last Wednesday's "Fast Money" show Macke, told viewers: "
is putting together a game called 'U Dance.' It's not part of a game system, so there is no dance pad. It simply uses motion detection to teach movement. It's fun, it's social, and it retails for under $100." Check out the
for more plays like
: Raw material stocks are in favor on Wall Street as commodities like gold, oil and coal continue to show strength. On Monday's "Fast Money" show, Pete Najarian told viewers: "Keep your eye on
Alpha Natural Resources
At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.
James Altucher is president of
LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the
and the author of
Trade Like a Hedge Fund
Trade Like Warren Buffett
. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;
to send him an email.
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