The Dow was down about 250 points near the open before a huge reversal to close up 53 points. One of the big reason is no surprise, the market rallied once again as crude oil price today rallied earlier today to close up $0.28, or 0.88%, to settle at $32.15 per barrel.
CNBC FAST MONEY FINAL TRADES 02/24/2016
Tim Seymour – Buy iShares MSCI Brazil Capped (EWZ), oil play here
Steve Grasso – Buy Utilities Select Sector SPDR ETF (XLU), if you believe market will sell off, then utility is the safety play
Karen Finerman – Buy JPMorgan Chase & Co. (JPM), it’s been over sold, if you’re afraid of the downside, buy JPM thru call options.
Pete Najarian – Buy Target Corp. (TGT), they are crushing it, giddy up to $80