Quint Tatro ("The Kentucky Kid") Tom Lee called rising rates "a positive tailwind for markets" and said he'd buy the pullbacks.
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Jim Lebenthal said bank sluggishness will "continue probably for another month." Jim said he owns GS and C.
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10.4 Fast Money 1st Anniversary Critic Consensus: No consensus yet. Meanwhile, Lasry claimed, "The thing that moves these markets now is more geopolitical issues." And we thought it was the 10-year spiking.
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24 hours a day, 7 days a week! Everyone has some sort skill or knowledge that they can put to work for them. So take a few minutes and jot down your skills, passions, in-depth knowledge, and prior jobs, and brainstorm how you can sell these services to make money.
Sandra says Stephanie Link called airlines "trading stocks" and grumbled that "every day they take all of your time." January 6, 2013 at 12:35 pm
Whitney Tilson, who hasn't shown up on the Halftime Report (and possibly not the 5 p.m. show) in ages, on Thursday's Halftime candidly stated that the 9-year bull market has effectively put a lot of short sellers out of business.
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Similar to eBay, Amazon.com may work better for entertainment media, such as books, music and movies. Lasry predicted "at least 2 or 3" hikes from the Fed. "As long as it's growing above 2, I think what you're gonna find is they'll keep raising rates," he said.
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Jonas added, "I don't disagree with the Goldman piece. We're just makin' a different call."
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"This is how the sausages really do get made," Pisani cracked during yet another dull moment of dead air. Pete Najarian said MRK has had "a lot of different bumps in the road" but finally is having some good news.
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As far as the stock's big day, Weiss said momentum and consensus opinion on GE was "so negative" that "up was the only way you can go." But Weiss cautioned, "In a turnaround, particularly of this size, the easy stuff always gets done first." He concluded, "I'm not getting involved."
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