Will Goldman Shine? Fast Money Recap (6/16/08) - Jeffmacke

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Will Goldman Shine? Fast Money Recap (6/16/08)
Jun 17, 2008 01:00 PM UTC

Jeffmacke

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Symbol	Sentiment	Start	Return	Closed
SBUX		06/17/08	+15.81%	--
DUG		06/17/08	-54.29%	--
ELY		06/17/08	-45.37%	--
CHK	n/a
AMR	n/a
NKE		06/17/08	-0.64%	06/19/08
RMBS		06/17/08	-11.31%	--

Via Short Stock Ideas from Seeking Alpha:

Recap of CNBC's Fast Money, Monday June 16. Click on a stock ticker for more analysis.

Gassing Up: Chesapeake (CHK), AMR (AMR)

The Dow finished lower on worries about the economy, but Najarian pointed out volatility is also lower, thanks to the drop in oil prices. However, oil initially rose to a record high of $139 before it fell on the news that Saudi Arabia will beef up production. Joe Terranova said everything points to Friday, when the contracts come off the front of the board. However, he would buy natural gas. Najarian is bullish on CHK and AMR.

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