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T. Boone's Stake - Fast Money Recap (5/20/08)

 May 21, 2008 01:03 PM UTC
Return Risk
+14.86% LOW
Tracked Blogger
Symbol Sentiment Start Return Closed
GOOG n/a
RIMM n/a
APPL n/a
TRN n/a
AIG n/a
PEG Positive 05/21/08 -33.58% --
EXM Positive 05/21/08 -9.90% 06/06/08
HES Negative 05/21/08 +63.49% --
SPY Positive 05/21/08 -38.97% --

Graphic_arrow1 Via Short Stock Ideas from Seeking Alpha:  


Recap of CNBC's Fast Money, Tuesday May 20.
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Gas High, Consumer Low: AIG (AIG), Trinity Industries (TRN), Apple (APPL), Research in Motion (RIMM), Google (GOOG), Trinity (TRN)


Rising oil and the concerned consumer are bringing down stocks, and Joe Terranova thinks the combination will spell trouble as the S&P dipped below its 200-day moving average. Jeff Macke thinks the market needed an excuse to sell and agrees with T. Boone Pickens that oil is going higher. Najarian blamed AIG for some of Tuesday’s problems and agrees that high gas prices will mean a difficult summer. Terranova and the group agreed the market will trade sideways. Najarian praised Tuesday’s survivors: Apple RIMM and GOOG. Adami likes Trinity.

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