Josh Brown is a buyer of LUV.
Stephanie Link is a buyer of CIEN.
Joe Terranova is a buyer of KRE.
Stephen Weiss is a seller of RIO.
Trader disclosure: On Jan. 21, 2014, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders: Karen Finerman is long BAC, C, JPM, GOOG, M, FL, and is short SPY; her firm is long BAC, C, JPM, GOOG, M, GM, FL, and is short SPY; Tim Seymour is long BAC, INTC, SBUX, AA, DAL; Guy Adami is long C, GS, INTC, MSFT, BTU, NUE, AGU; and his wife, Linda Snow, works at Merck; Steve Grasso is long AA, ANF, CLVS, BA, BAC, GDX, EVGN, HPQ, MHY, LNG, MJNA, NVIV, PFE, QCOM, S, POT, TMUS, YHOO, TWTR, and funds long AAL, DAL; Stephanie Link is long AAPL, BAC, GS, INTC, GOOG, TJX, GE, JNJ, CIEN; Steve Weiss is long BAC, C, MS, TGT, M, AAL, TBF, TBT, TEX, ETN; Joe Terranova is long VRTS, EOG, PXD, USB, ARUN, MS, KORS, PANW, AAPL; and is short EEM, SHLD; Josh Brown is long AAPL, BAC, C, GOOG, TWTR, DDD, HUN, VAW.