Following are the day’s biggest winners and losers. Find out why shares of Harley-Davidson and Capital One popped while EBay and Yum! dropped.

POPS (stocks that jumped higher)

United Technologies (UTX) popped 6%. The conglomerate traded higher after it said demand was strong for its Otis elevator and fire and security equipment.

Blackrock (BLK) popped 16%. The largest publicly traded U.S. money manager reported strong earnings and Merrill decided to keep its stake. – I think they’re best in breed, says Karen Finerman.

Harley-Davidson (HOG) popped 7%. Although profits fell sharply amid a weak economy the motorcycle maker stood by its outlook for the year.

Capital One (COF) popped 14%. The 'whats in your wallet' company popped after Buckingham Research initiated coverage of the company with a 'Neutral' rating. – Earnings after hours weren’t terrible, reveals Karen Finerman. I think that’s a huge victory for these guys.

MGIC Investment Corp. (MTG) popped 35%. The largest U.S. mortgage insurer said it's policy sales are increasing. – I think the pop is short covering, says Karen Finerman.

Exchange stoning. In Pakistan, hundreds of investors stoned the Karachi Exchange Building and shouted anti-government slogans after the benchmark index fell for a 15th day, the worst losing streak in at least 18 years.

DROPS (stocks that slid lower)

Coca-Cola (KO) dropped 4%. The world's biggest beverage maker said it would increase prices after Labor Day due to higher commodity costs. – They’re having a tough time, says Pete Najarian.

Yum! Brands (YUM) dropped 7%. The KFC and Taco Bell operator dropped after the company beats on earnings but disappointed investors on margins. – I like McDonald’s more, says Jeff Macke.

eBay (EBAY) dropped 14%. The good news is that eBay is growing but the bad news is that it’s not growing as quickly as it once did. – That’s a problem, says Pete Najarian.

Safeway (SWY) dropped 11%. The third-largest U.S. supermarket chain revised its sales forecast for the second time this year. – The margin of error is very small in grocers, explains Jeff Macke.

Bank of New York Mellon (BK) dropped 7%. Profit fell 57% due in part to a big charge related to the housing slump.- That’s a big drop, exclaims Pete Najarian.

Nucor Corp. (NUE) dropped 11%. The steel producer beat on earnings, but missed on third-quarter guidance. – I still like steel, says Guy Adami.

International Game Tech. (IGT) dropped 8%. Chief Executive T.J. Matthews, called current weak market conditions "unprecedented" citing a combination of increased casino competition, new smoking bans and slower consumer spending. – No big surprise here, says Jeff Macke.

Pops & Drops

UTX

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BLK

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HOG

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COF

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MTG

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KO

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YUM

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EBAY

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SWY

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BK

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NUE

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IGT

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Trader disclosure: On July 17, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (WMT), (GS), (MSFT), (HAS); Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Najarian Owns (AAPL), (CHK), (TSO), (XLF); Najarian Owns (ANR) Puts; Najarian Owns (CSCO) Calls, (MER) Calls, (SLB) Calls, (YHOO) Calls, (UYG) Calls; Finerman Owns (GS); Finerman's Firm Owns (MSFT), (NOK), (TSO), (SUN), (VLO), (AXP), (MRK), (PM); Finerman's Firm Is Long SPX Index puts; Finerman's Firm And Finerman Own (C) And (C) Leaps; Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (IWM)

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