'Fast Money' Portfolios of the Week - TheStreet

'Fast Money' Portfolios of the Week

Here are some of the stocks the crew has been talking about lately.
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Publish date:

Updated from 6:59 a.m. EDT

The traders of

CNBC

's "Fast Money" are seasoned stock market players who know how to trade both a bull and a bear market. The gang knows that bear markets, like the one we're in right now, are a land of opportunity if an investor knows how to identify the right stocks and sectors that thrive in tough economic times.

The gang recently highlighted trading ideas that play off bullish charts bucking the downtrend, biotech stocks for a bear market and stocks that were unfairly punished during the market selloff. Here are some highlights from over the past week as aggregated from the show.

Fast Money's Bullish Chart Trades

: The traders noticed a few stocks that are bucking the bearish trend in the stock market. On Monday's "Fast Money" show, Dan Fitzpatrick told viewers: "The trends in the charts of three companies appear to be bullish."

Fast Money's Bullish Chart Trades

include

Aecom

(ACM) - Get Report

.

Fast Money's Synthetic Short-Squeeze Trade

: The traders think that bear market pessimism is overdone. On Tuesday's "Fast Money" show, Stacey Gilbert, market strategist for Susquehanna, told viewers: "Focus on names that have seen excessive growth in their short positions in a relatively small period of time."

Fast Money's Synthetic Short-Squeeze Trade

includes

Sears

(SHLD)

and

VMware

(VMW) - Get Report

.

Fast Money's Unfairly Punished Stocks

: The traders think a number of stocks were unfairly punished during last week's market selloff. On last Thursday's "Fast Money" show, Pete Najarian told viewers: "When

ConocoPhillips

(COP) - Get Report

sold off, I was amazed. I think this stock is trading far too cheaply."

Fast Money's Unfairly Punished Stocks

include

L-3 Communications

(LLL) - Get Report

and

Nucor

(NUE) - Get Report

.

Fast Money's Options Trades

: The traders noticed heavy call and put buying in a number of stocks. On Tuesday's "Fast Money" show, Pete Najarian told viewers: "Keep your eye on

Prudential

(PRU) - Get Report

. Options traders are buying September 50 puts."

Fast Money's Options Trades

include

Research In Motion

(RIMM)

and

Washington Mutual

(WM) - Get Report

.

Fast Money's Trader Radar

: In a segment called "Trader Radar," the crew highlights stocks with unusual volume that are lighting up screens across Wall Street. On Monday's "Fast Money" show, Dylan Ratigan told viewers: "On the trader radar tonight, we're watching

H&R Block

(HRB) - Get Report

. Shares of this tax service were among the most active names on the

NYSE

today. Check out

Fast Money's Trader Radar

.

Fast Money's Biotech Stocks For A Bear Market

: The traders think the best place to be in a bear market is the biotech sector. On Tuesday's "Fast Money" show Guy Adami told viewers: "

Celgene

(CELG) - Get Report

has free reign in Europe now and it has lots of good things going for it."

Fast Money's Biotech Stocks For A Bear Market

include

Elan

(ELN)

and

Novartis AG

(NVS) - Get Report

.

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

Stockpickr

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

Financial Times

and the author of

Trade Like a Hedge Fund

,

Trade Like Warren Buffett

and

SuperCa$h

. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;

click here

to send him an email.

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