Another volatile day in the market, the Dow selling off to a tune of almost 200 points, which means the move today gave up the entire gains from yesterday and puts the market back in correction territory. The culprit of this selloff…the usual suspect, crude oil price today sold off because of the comments from the Saudi Oil Minister Al-Naimi stating adamantly that they will not be lowering their oil production to ease the inventory level. Guy Adami thinks we’re heading back to 1860.
CNBC FAST MONEY FINAL TRADES 02/23/2016
Pete Najarian – Buy Market Vectors Gold Miners ETF (GDX)
Steve Grasso – Buy PulteGroup, Inc. (PHM)
Dan Nathan – Sell PowerShares QQQ ETF (QQQ)
Guy Adami – Buy Rockwell Collins Inc. (COL)