Fast Money Trades:In Line With Market - C, BAC, SMH, RTP

Published on Tuesday, 13 July 2010 12:07 Written by Christopher Lynn

New York, July 13th (TradersHuddle.com) - Currently the Fast Money trades are performing with the S&P 500 that is trading higher, with all of trades on the plus side.

Brian Kelly recommended long Citigroup (NYSE:C), and today is the best performer among the Fast Money Final trade recommendations, with the stock trading at $4.23 representing 2.94% versus the previous trading session. Shares of Citigroup, the diversified financial services firm have defined support at $3.62 and resistance at $4.02.

Karen Finerman suggested long Bank of America (NYSE:BAC), and today is trading at $15.61 representing 2.63% from its previous close. Bank of America, the largest U.S. lender has calculated support and resistance levels at $13.50 and $16.10 respectively.

Joe Terranova suggested long the SMH (NYSE:SMH), as semiconductor sector looks ready to ignite. Today the SMH is trading at $28 or 1.49% from the previous close the Semis ETF has defined support at $25.21 and resistance at $28.90.

Tim Seymour suggested long Rio Tinto (NYSE:RTP), and today is trading at $47.58 representing 1.47% from its previous close.

In addition Dennis Dennis Gartman suggested to short Crude Oil, as well as the euro and the pound. Today that recommendation is suffering as Crude oil is higher by 2.6%, the euro 1.05% higher and the pound is also rallying by 0.94%.