The traders on CNBC’s Fast Money closed Friday’s program with recommended trades for October 27.
Tim Seymour is bullish on iShares MSCI Brazil Capped ETF (EWZ). Regardless of who wins the Brazilian elections, the country will need restructuring, and news of reforms will at least bring up the ETF. The polls, however, are showing wildly different results.
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Pete Najarian recommended Goldman Sachs (GS), which he thinks could test its 52 week moving average. Goldman Sachs announced recently that it would get into the ETF business.
Brian Kelley would short the iShares MSCI Germany ETF (EWG). Although Germany has been the strongest economy in Europe, since the entire continent seems headed to a recession, Germany might fall particularly hard.
Guy Adami is bullish on Morgan Stanley (MS). The bank beat earnings estimates recently, reported a rise in revenues and is benefiting from the increase in mergers & acquisitions and IPOs.