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Your First Move For Friday July 11th

Thursday, 10 Jul 2008 | 7:03 PM ET

Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.

Jeff Macke recommends getting long the United States Oil Fund .

Guy Adami prefers long Alcoa .

Karen Finerman suggests shorting Big Lots .

Fast Money Final Trades
The Fast Money traders share their final trades of the day.

Pete Najarian thinks Cisco is a buy.






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.


GE EARNINGS: One of the world’s largest conglomerates (and parent of this network) is not expected to miss estimates like it did last quarter, when it caught Wall Street off-guard.

I don’t know what to make of GE , says Karen Finerman. Except to say it's the parent of CNBC.

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SECOND-COMING OF I-PHONE: The faster and cheaper 3G iPhone goes on sale Friday.

Giddyup, exclaims Pete Najarian. It’s good for Apple.

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GREENBACK GROAN? Trade balance figures may rock the dollar.

Nothing is ever good for the dollar, grumbles Jeff Macke.

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AIRPLANE PROFITS: Aerospace engineering firm Rockwell Collins releases earnings before the bell.

I think Rockwell Collins is a buy after earnings, says Guy Adami.

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SHOPPING SURVEY: After today's better than expected comps numbers, will the University of Michigan's Consumer Sentiment Survey also suggest there's life left in the American Shopper?

The word I’d use to describe the consumer isn’t allowed on basic cable, says Guy Adami with a sly smile.

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HELLBOY II: Universal Pictures' comic-book inspired sequel opens nationwide.

I think it will be a big hit, says Jeff Macke.

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FREE SLURPEES AT 7-ELEVEN: Participating 7-Eleven locations will be giving out FREE 7.11 oz Slurpees, from 7am to 11pm, on 7/11 (while supplies last).

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Trader disclosure: On July 10, 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 (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Macke Owns (MSFT), (USO), (INTC), (WMT); Najarian Owns (AAPL), (CHK), (MAR), (NOK), (TSO), (XTO), (XLF); Najarian Owns (FNM) And (FNM) Puts; Najarian Owns (YHOO) Calls, (RIMM) Calls, (SLB) Calls, (CSCO) Calls; GE Is The Parent Company Of CNBC; NBC Universal Is The Parent Company Of CNBC; Finerman Owns (GS); Finerman's Firm Owns (DVA), (GE), (MSFT), (NOK), (SUN), (TSO), (VLO); Finerman's Firm And Finerman Own (C) And (C) Leaps; Finerman's Firm Owns (PLCE) Calls, (TGT) Calls, (HUN) Calls.; Finerman's Firm Is Short (IJR), (MDY), (SPY), (IWM); Finerman's Firm Is Long SPX Index Puts; Finerman's Firm Is Short (BIG)

  Price   Change %Change
AA
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BIG
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COL
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CSCO
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GE
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USO
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AAPL
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Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
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  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

  • Scott Wapner is host of the "Fast Money Halftime Report," which airs weekdays from 12 p.m. to 1 p.m. ET.

  • Guy Adami is a contributor on CNBC's "Fast Money." He also is managing director of stockMONSTER.com.

  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

Halftime Report

  • Jay Yarow, The Business Insider, and Steve Milunovich, UBS, discuss whether Tim Cook is to blame for Apple's drop in growth. I think it's pretty clear they missed the big phone market and overestimated the success of the plastic 5C phone, says Milunovich.

  • CNBC's Eamon Javers reports on Bill Ackman's stake in Allergan. Javers says this is a classic case of insider trading that is not against the rules.

  • FMHR trader Josh Brown thinks Dunkin' Brands looks fantastic technically, while Mike Murphy says investors are questioning the company's massive expansion plans.