'Fast Money' Portfolios of the Week
By Roberto Pedone
WINDERMERE, Fla. (
) -- The traders of
CNBC's
"Fast Money" think the problems in Greece are influencing the trade in the U.S. On Tuesday's "Fast Money" TV show, Tim Seymour told viewers that there are a lot of rumors floating around that Germany or the International Monetary Fund will step up to bail out Greece. He said he finds it hard to believe that Germany will do it, but he does believe that Greece will get through this crisis somehow.
Guy Adami said it looked as if the markets were going to selloff early until the headlines about Greece came out. He pointed out the action in the financial stocks wasn't that impressive. Pete Najarian said he also wasn't impressed with the bank stocks, calling
Goldman Sachs Group
(GS) - Get Report
,
JPMorgan Chase
(JPM) - Get Report
and
Morgan Stanley
(MS) - Get Report
all "broken charts." He mentioned that he hasn't found any catalysts to buy these stocks yet.
Joe Terranova said he's long JPMorgan Chase, despite the weak action in bank names. Terranova also warned investors to stay away from stocks tied to the dollar, because the euro is moving the dollar, which could cause havoc. He recommended sticking with high-quality names due to the market's rising volatility.
The "Fast Money" crew has recently highlighted trading ideas that play stocks bucking the downtrend, the top holdings of China's Sovereign Wealth Fund and stocks with unusual options activity. Here are some highlights from over the past week as aggregated from the show.
Fast Money's Stocks Bucking the Downtrend
: Despite the recent broad market selloffs, some individual stocks are not falling. On last Friday's "Fast Money" show, Guy Adami told viewers: "If you have to be in retail, I think
Gap
(GPS) - Get Report
is a good place to be." The
Fast Money's Stocks Bucking the Downtrend
portfolio includes
Apple
(AAPL) - Get Report
and
Cisco Systems
(CSCO) - Get Report
.
China's Sovereign Wealth Fund's Top Holdings
: Just-released documents filed with the SEC show exactly how China's Sovereign Wealth Fund is investing in the U.S. On Monday's "Fast Money" show, Tim Seymour told viewers: "To me, this shows China continues to invest in banks and commodities. China has been going around the world trying to get commodities in any way they can." The
China Sovereign Wealth Fund's Top Holdings
portfolio includes
Morgan Stanley
(MS) - Get Report
and
Teck Resources
(TCK)
.
Stock Picks From Bill Ackman's Investment Conference
: Legendary investor
recently held an important investment conference with "Fast Money"'s own Karen Finerman (view
on Stockpickr). On last Friday's "Fast Money" show, Ackman told viewers: "We think that
Kraft Foods
(KFT)
is interesting on a standalone basis. But we think it's much more interesting when the Cadbury transaction closes. We think there are margin opportunities in both companies. We think there are cost synergies. And you're paying very little." The
Stock Picks From Bill Ackman's Investment Conference
portfolio includes
General Growth
(GGWPQ)
and
Borders Group
(BGP)
.
Fast Money's Options Trades & Activity
: The traders have noticed some unusual options activity in a number of stocks and have highlighted a number of options trades. On Wednesday's "Halftime Report" segment, Jared Levy told viewers: "There has been some upside call action and call spreads on
Mosaic
(MOS) - Get Report
." The
Fast Money's Options Trades & Activity
portfolio includes
Las Vegas Sands
(LVS) - Get Report
and
Toyota Motors
(TM) - Get Report
.
Fast Money's Super Bowl Ad Trades
: With some Super Bowl ads generating a great deal of buzz, is there a trade to be had? On Monday's "Fast Money" show, Guy Adami told viewers: "Their ad was hokey, but I think
Diamonds Foods
(DMND)
might be worth a look." The
Fast Money's Super Bowl Ad Trades
portfolio includes
(GOOG) - Get Report
and
PepsiCo
(PEP) - Get Report
.
Fast Money's Trades off the Greece Crisis
: The traders see opportunity in trading in the wake of the sovereign debt problems in Greece and other parts of Europe. On last Friday's "Fast Money" show, Will Landers, senior portfolio manager for Blackrock, told viewers: "Although turmoil in Greece is keeping investors away from emerging markets, when Greece recovers, the fundamentals are so strong in EM that I think investors will likely come back quickly." The
Fast Money's Trades off the Greece Crisis
portfolio includes
Vale
(VALE) - Get Report
and
Petrobras
(PBR) - Get Report
.
-- Written by Roberto Pedone in Windermere, Fla.
RELATED LINKS:
>>Cramer's Take on Headline Stocks
>>2010 Large-Cap Short Squeezes
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Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to Beconequity.com and maintains the website Maddmoney.net, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.
