Following are moves you might have missed.
Find out what’s going up, what’s going down and whether our traders would double down, fade or run in the other direction!
Citigroup The catalyst: Although there was no clear catalyst, Citi tends to be one of the most correlated to the overseas financial crisis.The trade: If we get a favorable outcome in Greece (looks like Greece stays in EU), Citi could make a sharp move, says Fast Money trader Pete Najarian, co-founder OptionMonster.com.
USGThe catalyst: Investors may be betting that USG will be a beneficiary, after the annual State of the Nation’s Housing report released Thursday by Harvard University’s Joint Center for Housing Studies, detailed more signs of revival.
The trade: I’m long and I like it, says Fast Money trader Brian Kelly, founder of Shelter Harbor Capital.
NavistarThe catalyst: A filing with the SEC revealed that that activist investor MHR Fund Management had established a 13% position in Navistar . Considering Carl Icahn is also a Navistar shareholder, investors may be betting these ‘Whales’ can unlock shareholder value.Page 1 of 4 | Next Page