Updated from 8:04 a.m. EST
The traders of
"Fast Money" have made it clear to their viewers that they aren't surprised by the new trend in the markets: companies that no longer will give out guidance. In fact, the traders have pointed out that companies that have abandoned giving out guidance will be better able to manage for the long term because they won't be focused on meeting short-term expectations in such an uncertain economic environment.
are among the firms who will no longer offer formal guidance. The new trend clearly demonstrates that earnings visibility has vanished. However, that is where the traders of "Fast Money" come in. The gang is made up of seasoned investment professionals who know how to cut through the noise on Wall Street and isolate the best trading and investing opportunities.
The gang recently highlighted trading ideas that play off a gold stocks, media stocks and unusual options activity. Here are some highlights from over the past week as aggregated from the show (including a look at
To read more,
In Thursday trading, shares of Barrick Gold closed at $38.57 (up 4% for the day; up 4.9% year-to-date)
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