Tuesday, July 10, 2007

Fast Money Recap July 10

  • Dow down 145 points on housing and subprime fears
  • XLU and XLE may be good bets here
  • Unusual options activity in CSC
  • Positive options activity in SYMC
  • Companies expected to perform well from June SSS numbers are COST, TGT
  • Avoid specialty retailers ANF and BEBE
  • Buy SKS and COST on dips
  • Final trade: GLD, COP, BIIB, ERTS

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