Fast Money Panel Disclosure on Friday 5.08

Sometimes, seeing what these guys hold themselves that they're not necessarily talking about, says more than watching the show does. Here is their disclosure from Friday 5.08, from their "Fast and Furious" update:

Trader disclosure: On May 8th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (AAPL), (TGT), (WFC), (GS), (PCLN), (GE), (SDS), (AGU); Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Finerman's Firm Owns (MSFT) And Is Long (MSFT) Put Spreads; Finerman's Firm Owns (UNH); Finerman's Firm And Finerman Own (WFC) Preferred Shares, Finerman's Firm Is Short (WFC); Finerman's Firm Is Short (IJR), (SPY), (MDY), (IWM), (USO), (BBT); Terranova Owns (XBI), (GENZ), (ABT), (BP); Terranova Is Short (XOM) Call Spread; Terranova Owns (MS) And Is Short (MS) Calls; Terranova Owns (DIS) Call Spread; Terranova Is Short (JPM), (BRCM), (POT), (X), (WYNN), (JOYG), (HES); Terranova Is Short June Crude Oil Futures; Terranova Is Short June Natural Gas Futures

Terranova Works For (VRTS): Terranova Is Chief Alternatives Strategist Of Virtus Investment Partners, Ltd.: Terranova Is Co-Portfolio Manager Of The Virtus Diversifier PHOLIO

Virtus Diversifier PHOLIO Owns (IGE), (DBC), (DBV); Virtus Investment Partners Owns More Than 1% Of (ABD), (ARE), (CAL), (DLR), (EPR), (EXR), (IGE), (MEE), (DBC), (DBV), (DBA), (SKT), (UA), (CLB), (WBMD); Virtus Investment Partners Owns More Than 1% Of St Mary Land & Exploration Co; Virtus Investment Partners Owns More Than 1% Of Seagate Tax Refund Rights

Dylan Ratigan Quits Fast Money and CNBC

Dylan Ratigan, former anchor of Fast Money and Closing Bell on CNBC

Dang! There went the life of CNBC, the only guy with a little spark let in him, one of the few that didn't seem to be a "spokesman" for the same corporate 'america' that has raped and pillaged us into multi-generational bankruptcy. The one skeptic who seems to think that giving the crooks more money to replace the money they've stolen is probably not the best idea, in spite of what they tell Congress.

Ratigan, who holds a degree in political economics, came to CNBC after working for Bloomberg News. Here is his bio at CNBC: Dylan Ratigan Bio

We'll sorely miss Dylan here, in spite of being named after the whiniest singer in the history of music, this 'Irish' Dylan was anything but a whiner. It's rumored he's going to ABC. Here's a story on Yahoo to that effect.
Ratigan Leaves CNBC

If he does go to ABC, I hope he's not just going to become another high paid talking teleprompt reader. Well paid, but...

This site is a lot of fun, I've been there 18 months now. You get to trade a virtual portfolio of one million, you can start groups, keep a friends list, message them, have group discussions. Your trading skills will improve, and you can win real money by beating the market or winning a site trading contest.

As seen on CNBC, they had a news story on the site when it went public.

It's FREE, give it a try! - the Jman

Our Portfolio Finally Goes Negative After a Year

Good grief, Charlie Brown! Enough already...

After being up pretty much the whole time since starting last February, we've finally let the portfolio turn negative, but only by 15k or 1.5%. That's still beating the SP500 by a wide margin, and we could turn back positive again tomorrow.

I think I was listening to the cheerleading on tv and had too many longs at the bottom here, and they still can plunge even more. It never seems to pay to get too optimistic. Yet, isn't that what they expect us to do? Cover all their dumb moves and losses, and smile and be happy hard-working tax-paying citizens again, so they can lose more money doing the same old things?

El Presidenté is not happy... the Jman

"Sell, sell! or we can't get the G.I. Joe with the Kung Fu grip!" -- Eddie Valentine, Trading Places

Stem Cell Stocks Surge After Election

Stem cell and selected biotech stocks started moving when Obama won the election. Geron (GERN) was 3.50 then, near 8.00 now. Stemcells (STEM) has gone from 1.50 to 2.50. It could be a temporary reaction pop, but since he gave approval to Geron to inject stem cells into humans with spinal cord injuries, with tests beginning in the summer, most insiders expect more favorable announcements in the future.

The next step will be to remove the ban on using federal funds to fund stem cell research, reversing eight years of anti-progress policy from the Bush administration. After that, he'll be free to allocate some federal funds for stem cell research, giving these stocks a boost yet again.

It's a little revenue, small cap sector, so be careful. Here's a link to get you started doing more research before investing.


Stem Cell Stock Informer



Disclosure: I'm currently long GERN, STEM, CYTX

Portfolio now over 1.2m... Tues 10/'14

Using fincls, we crossed 1.2m today (up 12k more) - took some profit, and held onto a loser in FXP (short China)...

Have lots of cash 'ready', this could break either way again, as we've witnessed... the underlying fincls of the economy are still weak no matter how much money they throw at the credit mkts, hence my overweighting of fincls lately...

sold AAPL today to take profit... GS may be next, it's run up quite a bit recently...

good luck! -- Jman

Fast Money Recap - Friday 10.10.08

Here's a link to a good recap of Friday's show, 10/10, the day of the G7 economic rescue meeting:
Single Worst Week Fast Money Recap (Seeking Alpha)

Note: The Fast Money portfolio is now at 1,141,000 (see link to Updown on the right) - up 14% overall... using the ultrashort funds and 4% stop losses on longs has helped a lot; we are beating the market by about 53% over 13 months.
.. El Presidente "J-Man" Sinclair