Stocks

Fast Money Recap Final Trade Stock Picks On CNBC 02-08-2016

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Today was the lowest close for stocks since April 15th 2014.  Dow was down 400+ points at its lows of the day.  On the bright side, the market closed well off the lows today, but market still got rocked selling off 1.5%.  Guy Adami does not think the worst is over and S&P will still test the 1780 level.  The crude oil price today tanked another 2.5%, which didn’t help the bulls either.

CNBC FAST MONEY FINAL TRADES 02/08/2016

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Pete Najarian – Buy MacDonalds (MCD), unusual trading activities in the options world, go long MCD

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Dan Nathan – Buy PayPal  (PYPL), was looking for $31 entry and it’s getting there

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Karen Finerman – Buy WeightWatchers (WTW), the stock has almost given back the entire gain from the Oprah deal, it’s worth watching

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Guy Adami – Buy Texas Instruments (TXN)

 

 

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