'Fast Money' Portfolios of the Week

Here's what the crew's been talking about lately.
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The traders of CNBC's "Fast Money" are ready to forget about all the tough times they saw in the market during 2008 and usher in a new and improved 2009. A few members on the panel think one positive thing we could see next year is a decline in the wild volatility. The crew also feels that a bottom in the housing sector could be in the cards for 2009 if the stimulus package works out.

However, the traders don't think we are exactly out of the woods yet either. Some problems that could take all bets off the table include a major crisis in Europe, or more problems in the auto sector. If either of those two things happen, than the gang thinks it's possible we could see another Black October type selloff. No matter what the outcome is, the crew will be ready to present viewers with the best ideas on how to play it.

The gang recently highlighted trading ideas that play off the retail sector, unusual options activity and stocks that benefit from the weak dollar. Here are some highlights from over the past week as aggregated from the show.

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