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Tim Seymour thinks Trina Solar [TSL
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] is a buy.
Guy Adami recommends getting long General Motors [GM
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]
Karen Finerman prefers long Merck [MRK
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].
Pete Najarian suggests shorting Prudential [PRU
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] on options action.
But that’s not all. Following are the “Fast & Furious” trades. Yes, now we bring you even more Fast ways to trade tomorrow's market moving events.
OFFICIAL BEAR? Will the S&P 500 join the Dow in bear territory?
I think the S&P [.SPX
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] sinks lower, says Pete Najarian.
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OIL SUPPLY: The EIA's weekly petroleum inventories will be released Wednesday.
I’m more interested in demand destruction, says Tim Seymour.
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JOB MARKET: The ADP Employment report and The Challenger Job-Cut report will both be published before the bell.
If it’s a decent number I think you could see a 300 point rally in the Dow [.DJIA
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], says Guy Adami.
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PAULSON SPEAKS: The Treasury Secretary comments on capital markets in London.
I expect him to say it’s a global economy, there’s no de-coupling and the US is going to do its best to strengthen the dollar, says Tim Seymour.
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SLICK PROFITS? WD-40 releases earnings after the bell Wednesday.
I’m not enthusiastic about WD-40 [WDFC
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], says Guy Adami.
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'HANCOCK' RELEASE: Sony's Will Smith superhero flick opens nationwide Wednesday.
Almost every movie Will Smith makes is a blockbuster, says Pete Najarian.
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Trader disclosure: On July 1, 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), (AGU), (BTU), (GS), (INTC), (MSFT), (NUE); Finerman Owns (GS); Finerman's Firm Owns SPX Index Puts; Finerman's Firm And Finerman Own (C) And (C) Leaps; Finerman's Firm Owns (MSFT), (SUN), (TSO), (VLO), (SBUX); Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (IWM); Pete Najarian Owns (AAPL), (NOK), (TSO), (XLF); Pete Najarian Owns (HBC) Puts, (MER) Puts, (RIMM) Calls, (SLB) Calls, (UBS) Calls, (WM) Calls, (YHOO) Calls; Seymour Owns (AAPL), (CFC), (F), (MER), (MSFT), (TSO), (TSL); Seygem Asset Management Owns (TTM), (PKX), (FMX); Seygem Asset Management Owns Shares Of Grupo Modelo




