Lots of fast money was made today! Retail and Oil Services stocks shot off like a rocket as the first true trading week came to an end.

Macke: Buy MOT, stock was up 3% today on earnings and announcement of 3500 layoffs.

Strazzini: Buy IBM on the dips.

Adami: Keep an eye on BAC. If they raise their 10% deposit cap, they might be on the prowl for an acquisition, in which case they will be a BUY.

Bolling: BHI and SLB are still UNDERVALUED and are both BUYS.

Also suggests BUYING OIH and SHORTING XLE. The Fast Money 5 agree that the bottom line is that Oil Services stocks are still good picks.

Retail Breakout Trade

Macke: BUY JWN and ELY.

The Phone Trade

Strazzini: T and VZ are top telecom stock picks. 2007 is going to be a great year for telecom companies. Also recommends buying WIN.

Bolling: VZ charts make it look as if they might be heading for a rollover, so be careful with that stock. T and WIN have great looking charts.

The Casino Trade

Bolling: WYNN charts reveal a stochastics cross. Stochastics are a momentum indicator. When a stock gets upward momentum, one stochastic line crosses the other to the upside. When that line turns back down and crosses over the other again to the downside, it’s time to cash out (see chart).

There should be more downward momentum in WYNN for the next 5 days. Wait until late next week, watch the momentum and then reassess the casino stocks.

The Democrat Trade

Adami says (again): STAY AWAY FROM SLM…this is DEAD MONEY!

Next Week’s Trade

Lots of big events heading our way: Yahoo! earnings, Microsoft earnings, State of the Union address and big pharma activity.

Strazzini: PFE will likely come out with mediocre numbers. The best earnings-based trade in pharma is JNJ.

Adami: The JNJ acquisition of Boston Scientific was a great move. Bolling agrees and says that the JNJ chart looks fantastic.

Adami: CSX reports earnings on January 22nd and should have strong numbers. Says this stock is the best Rails stock play. BUY.

Macke: Very skeptical of MSFT. He says the Zune is obviously a dud and Vista is delayed. There is no reason to get excited about this stock. Long-term however, the stock is “fine”.

Strazzini: Disagrees about MSFT, says that it’s okay to own ahead of earnings. Says that YHOO is a leading media company, but needs a turnaround. thinks that YHOO is a BUY.

Macke replies: YHOO is a “train wreck”. Don’t buy YHOO, buy GOOG instead if you want to be in this space.

Bolling: Get out of MSFT if it goes below $28.

Macke: MCD is a BUY. Adami agrees.
Buy COH on any pullback.

Bush might make statements about alternative energy during State of the Union address next Tuesday:

Bolling: Sell ADM and VSE.

Strazzini adds that you should NOT buy options on ethanol stocks.

Next week’s Commodity Trade

Bolling: Buy MON and RIO, both are approaching all-time highs. Strazzini agrees on RIO.

Face2Face

Dick from MI: Looking for a stable retirement income. Does KMP look good?

Bolling: KMP is a great stock, definitely a BUY. They own rail terminals, and all ethanol has to come through these.

Denise from NY: Is GLW a good flat-panel play?

Adami: Be very careful about GLW. Strazzini says that AUO is a better flat panel play.

Byron from CA: (Went to high school with Tim Strazzini) What’s the best way to trade on the outlook that companies will be slow to upgrade to MSFT’s Vista OS?

Strazzini: Best bet is to get into the memory space in March as well as DELL.

Ann from IL: Husband is a doctor, talks a lot about ISRG’s DaVinci robotic surgery instruments.

Macke: ISRG has been beaten down, be careful with this stock.

>>Happy 52 Week high to NDN<<

Fast Fire:

Adami’s Bad Call: RAD. Reply: RAD still a great stock, buy it now on the dip, it’s going higher.

Bolling’s Bad Call: DBA. Reply: DBA is UP since I recommended it. This is a long-term play. Buy it and hold it.

Macke’s Bad Call: INTC. Reply: Get long now, INTC will go much higher in 2007.

Strazzini’s Bad Call: AMR. Reply: Although up 7%, still time to sell/short the airlines.

The guys “price” Super Bowl tickets:

Adami: Colts vs. Saints = $4000
Strazzini: Bears vs. Colts = $6800
Macke: Bears vs. Colts = $3400
Bolling: Bears crush Patriots = Priceless.

FINAL TRADE

Macke: MCD is a BUY, COH is a BUY.

Strazzini: MOT is a BUY.

Bolling: DBA is a BUY.

Adami: Rails stocks.

Everyone have a great weekend and see you on Monday! (PS - I just finished the Henry Blodget book and will post a review soon here on FastMoneyPicks.com)