In Fast Money’s June 6 Web Extra segment, “The Week Ahead,” what topics did the traders offer predictions for?

 

In Friday’s Web Extra the traders reveal how they’re playing oil, Apple and inflation data in the week ahead.

In the models I follow Apple gets high marks for price momentum, but low marks for return potential and earnings quality. I have generally written positively about Apple stock in the past.

This pair usually moves together.  More good news from the Australian economy has booted the Aussie overnight.  Will gold follow?  Or is Aussie overdone? AUDUSD vs. Gold Daily:

Recently, I've been highlighting a number of consumer staples deals, including the Wrigley (WWY) purchase and takeover rumors surrounding Anheuser-Busch (BUD).Today, we got yet another M&A announcement ... this time from Smucker (SJM). The company will be buying the Folgers coffee business from Procter & Gamble (PG) in a transaction worth about $3 billion. PG shareholders will end up with a significant stake in SJM. In addition, before the transaction is completed, SJM will send out a $5-per-share special dividend to its investors. I expect to see more deal activity in this space. The big players are looking for growth and economies of scale by snapping up smaller players and individual product lines.Meanwhile, income investors who own these stable, profitable businesses are happily collecting dividend checks year in and year out.

The last time I went to RadioShack (RSH), I remember seeing the RadioShack TRS-80 Model II with Integral 8-inch Floppy Drive: Ah the good old days. Earlier this month, Banc of America Securities boosted its rating to buy from neutral, saying the electronics retailer's investment story "is about a new management team that is improving the stores, adding new products and having a highly leverageable cost structure." RadioShack’s first-quarter profit dropped to $38.8 million, or 30 cents a share, from $42.5 million, or 31 cents, earned in the same period a year earlier. Talk about a downtrend in the last year: I’m having a tough time believing BofA Securities on this one. When Americans start receiving their economic stimulus tax refund checks, do you really think they are going to go to RadioShack, or are ...

EUR/CHF tracking on S&P 500 Swissie is still acting well on risk relative to the pack… EUR-Swiss vs. S&P 500 Daily:  Black Swan Capital

The way Endo Pharmaceuticals (Public, NASDAQ:ENDP) chart has been looking lately; you would think that it is the end. But it’s not December 21st 2012 yet people. There is still some life in Endo - read on to find out why it’s going back to $30 a share. Endo One year Chart: In April Endo released financial results for its first quarter under new leadership, and influences of the uprising by Endo's largest shareholder, D. E. Shaw Group (which owns just less than 10% of shares outstanding), are noticeable all over the company. In late February, D.E. Shaw was pushing Endo to make a huge share buyback. The campaigner and its allies got their way earlier this month (after ushering in a new Endo CEO in March), although Endo agreed to ...

ETF provider WisdomTree (WSDT.PK) and Dreyfus Corporation announced the launch of four currency income ETFs yesterday based on the Chinese Yuan (CYB), Indian Rupee (ICN), Brazilian Real (BZF) and the Euro (EU), with a Japanese (JYF) one in the pipeline. Investing in these funds would be similar to investing in money market funds in these countries. As discussed in the recent Fortune article titled Is Your Money Fund Safe?, most money market funds maintain a constant share price like $1 and the firms running these funds go to great lengths to ensure that the share price does not drop. Unlike money market funds, these WisdomTree funds may not maintain a constant value on account of the investment instruments they are using to simulate money market like returns. With Brazil's ...

Back in July 2006, I set a price target of $125 on oil and I gave it two years. Back then, oil was at $75 a barrel. My reasons were simple: 1) Demand from developing nations including China. 2) No addition to the world oil supply. 3) Geopolitical concerns in Iraq, Nigeria and Venezuela. 4) A commodity bull cycle which is far from over. My prediction on this price target holds true as we are just $2 short of the $125 mark in less than 2 years since that post. Back then, I received plenty of opposition to my post. While the headline "Oil is Cheap" might not have held true to historical prices, what I meant all along was that oil was cheap back then relative to the price of oil in the future. And guess what? I think oil will be higher in two years than it is now. I think in two ...

Lehman decided to raise some cash by issuing $3 billion in convertible preferred shares.  In an interview today: 

"We still maintain that we don't need capital, but we've realized that perception is the dominant issue in today's markets," the chief financial officer, Erin Callan, said in an interview. "This is an endorsement of our balance sheet by investors."

Lehman did not provide terms of the sale, which apparently is being priced tonight.  Price talk is for an interest rate of 7.05 to 7.5% and that the conversion premium would be approx 30% above the current stock price.  The preferred will be noncumulative, meaning the firm can skip dividends without much penalty if it runs into trouble. Lehman said it would be the "sole book-running manager" of the offering, but did not say if there was a syndicate behind it or if it was going to place the shares

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Today I went ahead and decided to place a SELL call on Bear Stearns (ticker symbol: BSC).  Bear's brand name is tremendous and, was without question, a premier franchise but they were the result of a terrible credit market.  But at this point I think we are at the current max point.  From a purely speculative standpoint, I thought buying calls on the Monday morning of the day it traded at $2 would have been a good deal.  And it would've been fruitful as it has quintupled since then.  However, it appears that this deal is going to close now and the stock should probably sit at $10 level from here on out.  With that said, I believe that this name should be sold into any bit of strength and would recommend avoiding the position from a purchase standpoint.