Stocks

Fast Money Recap Final Trade Stock Picks On CNBC 01-14-2016

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Dow was up more than 300 points at point today before selling off again, but this time the rally mostly held, closing with 1.4% gain.  The rally was buoyed by the gain in crude oil prices today, with WTI crude settling with a 2.40% gain today.  The market also had a surprise to the upside from JP Morgan Chase earnings, beating the bottom and top line, helping to boost the entire sector.

CNBC FAST MONEY FINAL TRADES 01/14/2016

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Tim Seymour – Sell Netflix (NFLX), trading at $107.06 as of closing 1/14/2016. Disappointing price action today, drops at least to $95 and then see.

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Steve Grasso – Buy The Children’s Place (PLCE), trading at $62.39 as of closing 01/014/2016.  Plenty of retail names outperform, including Children’s Place, up 13% YTD, has a little more juice to go.  Major resistance level at $70, wait for it to cross over.

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Karen Finerman – Buy Energy Select Sector SPDR ETF (XLE), trading at $55.97 as of closing 01/14/2016.  Energy exposure without having to pick individual names.

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Guy Adami – Buy Halliburton (HAL), trading at $31.84 as of closing 01/14/2016.  Halliburton say bye to 30, going higher.

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