Here are Friday’s picks and to date records.
Jeff Macke liked Berkshire Hathaway (BRK) for Warren Buffet. Open $3,643
(a note: this pick will be treated as a $36.43 stock, otherwise any move in it will skew the tracking for Macke way off either up or down)
Pete Najarian recommended buying stock in NASDAQ (NDAQ). Open $32.56
Guy Adami thought GlaxoSmithKline (GSK) is a buy. Open $52.45
Eric Bolling preferred Hewlett Packard (HPQ). $47.02
Since my tracking began on 6/21 (1-1 means one up pick and one down pick and no results from my vacation week)
Adami= 12-10 Gain $24.16
Bolling= 9-9 Loss $15.08
John Najarian= 13-3 Gain $15.54
Macke= 19-12 Gain $7.08
Pete Najarian= 7-6 Gain $17.71
Seymore= 2-1 Gain $1.09
Finerman= 2-2 Gain $.88
Gilbert= 1-0 Gain $.29
One reply on “"Fast Money" For Friday”
Jeff’s comments that He does not like etf’s did not exactly turn Me on but brought out a good point on this Show.Most are TRADERS as advertised,although they say when something is more long term.GLK is a prime example as Adami said it may go down a bit more but is in a buy area or close.Timing can get you burned,how well I know.Options are time related in price and can expire at ZERO.Etf’s(exchange traded funds) do not expire but still go up and down with Market or sectors.A package gives you insurance one bomb won’t hurt,yet one good lick will not count as strongly in profit either,unless a whole sector is effected.The ultra’s are like a double shot of puts or calls factored to double your profits,or losses.They are mostly just out a year or less but options as such have been around a long time.ProShares specializes in put or down etfs and were interviewed for 2 minutes on CNBC.As the market tanks these will become popular,right now they are still down for the year–This is still a BULL Market and averages are still profitable.As with anything KNOW what you are buying and test the waters a little at a time.They won’t go straight up or down but are a basis for Personal Hedge Fund Investing Style.
ike