Updated from 7:59 a.m. EDT
The traders of
"Fast Money" are constantly searching for the next big idea or trend in the markets that has the potential to make their viewers some meaningful profits.
The crew doesn't care if the idea is to go long or to short a stock, and they don't care what industry the opportunity comes out of. The traders have no bias, other than to make their fans the most money possible and keep the show entertaining and educational.
The gang recently highlighted trading ideas that play off of bullish action in the biotech sector, such as
; coal and steel stocks, including
; and bank stocks, such as
. Here are some highlights from over the past week as aggregated from the show.
A note from James Altucher:Every weekend I send an email to Jim Cramer and several hedge fund managers about the most interesting portfolios posted on Stockpickr that week. Usually those portfolios not only list stocks according to atheme but also offer significant analysis as to why the stocks are cheap.Here are some examples: Here's the challenge: Build a portfolio at Stockpickr.com with greatanalysis, and send me the link. Each great portfolio (with analysis)will get posted on TheStreet.com with your byline (as a "StockpickrGuest Columnist") and will be included in my email I send to Jim and the otherhedge fund managers on my list.
- Stocksrelated to drilling the Marcellus Shale
- MLPSwith yields above 7%
- Microcapstrading for less than tangible book
- Stocksthat do well after Hurricanes
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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