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Jeff Macke recommends getting long the United States Oil Fund [USO
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Guy Adami prefers long Alcoa [AA
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Karen Finerman suggests shorting Big Lots [BIG
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Pete Najarian thinks Cisco [CSCO
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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 [GE
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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 [AAPL
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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 [COL
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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)
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