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Jeff Macke says if Fedex drags down UPS [UPS
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], then UPS is a buy on the dip.
Guy Adami likes Tesoro [TSO
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] in anticipation of a relief rally.
Along those same lines, Karen Finerman suggests the Valero [VLO
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] June 45 calls.
Pete Najarian thinks Hewlett-Packard [HPQ
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] is a buy ahead of earnings.
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Trader disclosure: On May 9, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Adami Owns (C), (GS), (INTC), (MSFT), (AGU), (BTU), (NUE); Najarian Owns (AAPL), (BKC), (TSO), (XLF); Najarian Owns (AA) Calls, (BID) Calls, (BUD) Calls, (C) Calls, (MSFT) Calls, (YHOO) Calls; Macke Owns (ATVI), (MSFT), (INTC); Finerman Owns (GS); Finerman's Firm And Finerman Own (KALU), (HD); Finerman's Firm Owns SPX Index Puts; Finerman's Firm And Finerman Own (C) And (C) Leaps; Finerman's Firm Owns (MSFT), (TSO), (VLO), (PLCE); Finerman's Firm Owns (YHOO) And (YHOO) Call Spreads; Finerman's Firm Is Short (IYR), (IJR), (MDY), (IWM), (SPY); WWE Programs Air On Networks Of NBC Universal, The Parent Company Of CNBC
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