The traders of CNBC's "Fast Money" have been suspect of the market rally, especially the rally that occurred on Tuesday after the market reacted positively to the consumer confidence numbers. Tim Seymour told viewers not to get excited about Tuesday's rally, because at some point the fundamental data may not back up the way consumers feel. He also mentioned it was hard to buy into the consumer confidence thesis, considering the turn of events in North Korea and the disappointing housing price report.
Karen Finerman was baffled about the move. She said it didn't make sense to see a rally sparked by consumer confidence, because it's just a measure of how people feel. Guy Adami believes the market is simply going to stay in a sideways trading pattern like it has been in for the past two months. Joe Terranova cautioned viewers not to fight the market momentum, even though the fundamentals are not there to support the move higher.
The panel recently highlighted trading ideas that play off of warm weather, tech stocks and oil stocks. Here are some highlights from over the past week as aggregated from the show.
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