Economy Blog

Word On The StreetWORD VIDEOSuper-SpikeA Goldman Sachs analyst made a huge prediction Tuesday that oil will have a “super spike” to $200 in the next few years. Oil trader Joe Terranovia told the crew he is very bullish on oil. He said as long as supplies stay limited the price of crude oil will continue to rise. He also mentioned he is bullish on natural gas. M…
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Family TradeThe “Fast Money” traders highlighted some stock ideas that play off the theme of family bloodlines. Family owned firms are an American tradition from the Dolan’s at Cablevision (CVC), or the Sulzbergers at the New York Times (NYT) or the Fords at Ford (F). Macke said investors should look for three things, undiluted gene pool, alignment with shareholder interest, and non-family bench strength. He said the play is Ford (F) and the World Wrestling Entertainment (WWE). Najarian said he likes Anheuser-Busch Companies (BUD).T…
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Trader RadarShares of Scotts Miracle-Grow (SMG) were among the most actively traded names on the NYSE Tuesday.POPS&DROPSPOPS- NYSE Euronext (NYX) traded up 7% after the exchange tripled its profits. Advanced Micro Devices (AMD) popped 9%. Molson Coors (TAP) jumped 7% after the company reported a 10% jump in sales. ArvinMeritor (ARM) popped 5% after the company announced it will spin off its passenger vehicle-part division. Anadarko Petroleum (APC) popped 9%. Precision Castparts 9PCP) added 7%. Estee Lauder (EL) traded up 7%. Sprint Nextel (S) advanced 5% after the telecom company was upgraded by SG Cowen.D…
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Trader RadarShares of Scotts Miracle-Grow (SMG) were among the most actively traded names on the NYSE Tuesday.Final TradeMacke picked the Financial Select Sector SPDR (XLF). Adami selected Merck (MRK). Najarian recommended Apple Computer (AAPL). Finerman said buy Kaiser Aluminum (KALU) ahead of earnings.
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Trader RadarShares of Scotts Miracle-Grow (SMG) were among the most actively traded names on the NYSE Tuesday.
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