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Fast Money Recap Final Trade Stock Picks On CNBC 02-12-2016

Stocks enjoyed a nice bounce after getting clobbered yesterday, albeit trades were based lighter than usual volumes ahead of a 3 day weekend.

Crude oil price today settled up a whopping $3.23 (12.32%) to $29.44 a barrel.  That oil action definitely boosted stocks today.

The battered banking sector also had a nice bounce today, led by news that Deutsche Bank plan to buy back $5.4B in debt they issues recently to showoff their liquidity, and JPM CEO Jamie Dimon also showed his confidence in the banking sector by purchasing 500k shares of JPM stocks (roughly $26M worth).

January retail sales data was released this morning showing a rise of 0.2% vs 0.1% expected by analysts.

In the bond market, the 10 year yield continues to drop, currently at one year low of 1.7%.

CNBC FAST MONEY FINAL TRADES 02/12/2016

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Tim Seymour – Buy iShares MSCI Emerging Markets (EEM)

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Steve Grasso – Buy Disney (DIS)

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David Seaburg – Buy American Airlines (AAL)

 

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Guy Adami – Buy Whole Foods (WFM),the high we could see is 1940 for the S&P, and if we break back below 1820, then 1780 will be inevitable.