Google’s 88% profit gain may not be enough for the Street. Will there be a Google breakout next week?

Macke: Lots of people hate GOOG, but the company is going to do awesome. Take a starter position and BUY GOOG aggressively on the dips.

Strazzini: GOOG might just show OK numbers next week. You might consider selling the $510 Call options.

Adami: Don’t buy GOOG, it’s very rich.

Bolling: GOOG shows a possible double-top. Don’t buy GOOG unless it takes out $513 on volume.

Macke: GOOG is going to beat expectations, pick up some shares now.

Bolling: AMZN is setting up for a massive island reversal. The stock could go substantially lower.

Macke: I do not want to be in AMZN right now.

Dylan: It’s better to be in GOOG than out of it.

Supercap Earnings Next Week

Bolling: Stay LONG on XOM as long as the trend to the upside contines.

Macke: Disagrees, says that he would rather own OIH instead.

Strazzini: If you have to own a stock in this space, XOM is a solid large cap conservative play.

Adami: XOM will blow out their numbers again.

PG is a stock that you HAVE to own.

Macke: BUY PG, it’s a terrificly run company. BA is also a BUY.

Strazzini: Be long on VZ going into earnings. CMCSA is also a great company to BUY.

Will the Fed Kill the Rally?

Steve Liesman, CNBC Economist: There is NO CHANCE of a rate cut until at least July.

Strazzini: Chemicals will behave well during this time, as will auto parts manufacturers and industrials. The economy is stronger and more resilient than you think it is.

Word on the Street

Bolling: Currently there is a higher than expected demand for heating. Deep freeze temperatures and geopolitical forces might mean a new oil rally. BUY:

USO
XLE

Sector Trade

CEO of CMG (Chipotle) Steve Ells on the phone: Chipotle will continue to focus on the fundamentals of the business and that will mean great results going forward. Chipote restaurant model is very simple and incorporates top quality ingredients. We’re different. We’re fast food but we’re quality food so you will keep seeing great results from CMG.

Bolling: CMG is still a BUY.

Macke: Agrees, CMG is a BUY.

Strazzini: Buy the CMG B-Shares. They are 8% cheaper than the A-Shares and they have the same voting rights.

Is CFC in play?

Strazzini: Mortgage brokers will become more appealing if the housing market stabilizes.

Bolling: THE STEEL TRADE: BUY XME.

Adami: It’s very difficult to make money shorting F and GM. A much better Fast Money trade is to BUY TM and forget F and GM altogether.

Macke: The way to trade this market is to make your list and check it twice, and buy the quality names on the corrections.

>>Happy 52 Week High to JSDA<<

Face2Face

Kelly in CA– How will MPEL compete against Wynn and The Sands in Macau?

Bolling: MPEL is going after the higher-end gaming market in Macau. BUY MPEL!

Anju in NY– Is HD undervalued?

Macke: HD can take back marketshare from Lowe’s. Kicking out the CEO was a great move. Although HD is not Fast Money, stay patient with the stock as a long-term hold. HD IS A BUY.

Matt in TX– Are DR Horton or MWCI Buys?

Adami: Buy WCI at $19 a share.

Fast Fire: A look at mistakes:

GME was a bad call. The stock is down 7% since the call. STrazzini says: Buy it now on the correction, still a great stock!

PFE was a bad call. Bolling says: The trade was BAD. GET OUT NOW, SELL!!!

MCD was a bad call. Macke says: Don’t worry, buy more now on the dip!

GLW was a bad call. The stock shot up. Adami says: Don’t chase the stock, find other opportunities.

FINAL TRADE:

Bolling: XLE is a BUY.

Adami: SHORT AMZN.

Strazzini: FRP is a BUY.

Macke: BUY ATVI and COST on the dips.

Have a great weekend!