Stocks traded higher after another oil intraday rally where crude oil price today gained 3%, up $0.92, closing at $33.07 per barrel. The S&P rallied to the critical resistance point of 1950 level and closing just above that level, if the market sustains this rally above this level to close out the week next week, this could set the floor going forward. Another great sign for the bulls is that the “fear index”, or VIX, held on below 20 today, which shows less volatility this week.
Tim Seymour thinks that if you believe the U.S. Dollar has peaked, then you should take a look at emerging markets, especially Brazil and Mexico.
CNBC FAST MONEY FINAL TRADES 02/25/2016
Tim Seymour – Buy Melco Crown Entertainment Limited (MPEL)
Dan Nathan – Buy Consumer Staples Select Sector SPDR ETF (XLP)
Karen Finerman – Buy NorthStar Realty Finance Corp. (NRF)
Guy Adami – Buy The Coca-Cola Company (KO)