By Roberto PedoneWINDEREMERE, Fla. ( Stockpickr) -- The traders of CNBC's "Fast Money" think that market players need to watch a number of key sectors this week in order to figure out which way the market wants to trade. On Tuesday's "Fast Money" show, Joe Terranova told viewers that he's watching the financials, which will report earnings later this week. He said the sector should be able to take the handoff from Intel ( INTC) and send the market higher. Tim Seymour said he doesn't think Intel or the strong results from Alcoa ( AA) or CSX ( CSX) will do much to push the S&P 500 toward 1200 anytime soon. However, he mentioned it doesn't mean we're falling apart either and said there are plenty of pockets of real strength in the market. Brian Kelly mentioned he's watching 1105 on the S&P. He thinks if we close above that level, it will be bullish. Kelly said that Intel's results show that companies are spending money on technology products. Seymour advised viewers to keep an eye on the Nasdaq. He believes that Google ( GOOG) and Microsoft ( MSFT) are under-owned and that the Intel results could change that. The "Fast Money" crew has recently highlighted trading ideas that play off fundamentally strong stocks, metal stocks and stocks with unusual options activity. Here are some highlights from over the past week as aggregated from the show. Fast Money's Fundamentally Sound Stocks: The traders highlighted some of their favorite fundamentally sound single-stock stories, including Altria ( MO) and Whole Foods ( WFMI). On last Thursday's "Fast Money" show, Karen Finerman told viewers: "I like infra-red imaging company Flir Systems ( FLIR). The government is a big customer making them fairly immune to the weak economy. Also, FLIR has a great balance sheet. On top of that, I think it's a digestible company for someone much bigger in the defense space; rival Argon was taken out at a big price." The Fast Money's Fundamentally Sound Stocks portfolio includes Dominion Resources ( DO) and Apple ( AAPL). Cash-Rich Stocks That Should Pay Bigger Dividends: Recently, the traders spoke with activist investor Eric Jackson of Ironfire Capital who thinks companies such as Google ( GOOG) and Cisco Systems ( CSCO) should either declare a dividend or raise the one they're already paying. On Monday's "Fast Money" show, Jackson told viewers: "Investors will beat a path to the doors of these companies if they start paying a sustainable dividend!" The Cash-Rich Stocks That Should Pay Bigger Dividends portfolio includes Johnson & Johnson ( JNJ) and Oracle ( ORCL).
Fast Money's 7 Tech Stock Trades: The crew thinks seven tech stocks could see bullish action following Intel's record-breaking profits report. On Wednesday's "Halftime Report" segment, Brian Kelly told viewers: "Intel results were so strong, they have made me incrementally more positive. The aspect of Intel earnings that I thought was most impressive was their data storage growth. I'd play it long Emulex ( ELX) and QLogic ( QLGC)." The Fast Money's 7 Tech Stock Trades portfolio includes Cree ( CREE) and EMC ( EMC). Fast Money's Deepwater Stock Plays: Which deepwater-drilling stocks should you buy or sell now that Washington has issued a new six-month moratorium on deepwater drilling in the Gulf of Mexico? On Tuesday's "Fast Money" show, FBR analyst Robert Mackenzie told viewers: "The biggest negative is for the smaller public and private service companies that work almost exclusively in the Gulf of Mexico region. For example, Hornbeck Offshore Services ( HOS) is largely concentrated in the Gulf; they may be facing challenges." The Fast Money's Deepwater Stock Plays portfolio includes Transocean ( RIG) and Hess ( HES). Fast Money's Options Action: The traders highlighted some options trades and unusual options activity in stocks such as Bank of America ( BAC) and JPMorgan Chase ( JPM). On last Friday's "Halftime Report" segment, Pete Najarian told viewers: "An unusually large amount of August 28 calls traded on Altera ( ALTR).This suggests the stock could move higher from current levels." The Fast Money's Options Action portfolio includes Visa ( V) and Intel. Fast Money's Metal Stock Picks: The traders see opportunity in the metals sector following Aloca's strong earnings report. On Tuesday's "Halftime Report" segment, Jon Najarian told viewers: "In the wake of Alcoa, I'd play Schnitzer Steel Industries ( SCHN) and Steel Dynamics ( STLD)." The Fast Money's Metal Stock Picks portfolio includes Freeport McMoRan Copper & Gold ( FCX) and Posco ( PKX). -- Written by Roberto Pedone in Windermere, Fla.