First Trade For Fall
Web Producer
Jeff Macke is going to pay attention to how Halo 3’s numbers come in versus expectations, which will be important for Microsoft (MSFT). And it’s going to be crucial that Nintento (NTDOY) is able to solve its supply chain problems and get its Wii console on shelves in time to satisfy holiday demand. He recommends Nintendo, but with a short in Sony (SNE) as a hedge.
The Fed will be the story of the season, Pete Najarian says, and it will dictate M&A activity going forward. He thinks Juniper (JNPR) is going to continue its run on an increase in global tech spending.
Guy Adami is looking toward Goldman Sachs (GS) earnings, which will show how badly the financials got hurt this summer. Lockheed Martin (LMT) got sold off in a big way late in the summer and Guy likes it going into the fall.
Tim Seymour is keeping an eye on the Russian parliamentary elections. If the Russian market starts to rally, it could be good for the U.S, he says. He also would buy emerging market currencies.
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Trader disclosure: On the date of taping, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Seymour Owns (AAPL), (TWX), (INTC), Is Short (MS); Macke Owns (EMC), (INTC), (ATVI), (DIS); NBC Universal is the Parent Company of CNBC
