The banking sector continue to be the headline today. Some traders are calling for a few of the Euro banks to collapse, even one of the largest banks in the world, Deutsche Bank…Yikes!
Oil rallied today mid-day, with crude oil price today exploding for just shy of 10% gain, which led the rally in equities market as well, all in all, Dow was up 1.1% today to close a solid day.
CNBC FAST MONEY FINAL TRADES 02/03/2016
Tim Seymour – Buy BHP Billiton Limited (BHP)
Dan Nathan – Sell the banking sector, looking for a lower entry point for Sell Bank of America (BAC)
Brian Kelly – Buy Philip Morris International, Inc. (PM)
Pete Najarian – Buy iShares MSCI Emerging Markets (EEM)