Fast Money Pops and Drops:

Pops
Thornburg Mortgage TMA rocketed up 119%. Tim Seymour said the stock is nevertheless down 93% on the year. The Fed move doesn't help Thornburg, he said.

U.S. Steel X jumped 8%. Guy Adami said that if a company has pricing power in this environment, it has everything. The steel names have that power, he said.

Vornado VNO climbed 9%. Karen Finerman said it was a very nice move. With the stock down to $85 from $117 a few months ago, it needed a pop. It seems fair, she said.

Inter Parfums IPAR rose 21%. Finerman said it smells nice when you guide profit higher than expectations.

India Fund IFN ticked up 16%. Seymour said a the move was mostly short covering.

Potash POT added 9%. Adami said that you have to buy this stock on dips.

JA Solar JASO popped 18%. Pete Najarian said that ahead of earnings tomorrow several analysts issued bullish reports on the company.

North American Palladium PAL was up 10%. Seymour said he loves palladium names. He cautioned that many precious metal companies are locked into long-term contracts, so spot prices don't help.