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Time Seymour recommends shorted dated options on Russian Depository Index (RDX).
Joe Terranova prefers long Schlumberger [SLB
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Quint Tatro suggests getting long UltraShort MSCI Emerging Markets ProShares [EEV
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] and getting long iShares FTSE/Xinhua China 25 Index [FXI
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] against it.
Pete Najarian thinks Cisco [CSCO
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] 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.
IT'S THE ECONOMY, STUPID: Second quarter GDP comes out on Thursday and the jobs report on Friday.
I think the numbers could be a little better than expected, says Tim Seymour.
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EXXON EARNINGS: With earnings released on Thursday, investors will learn if this integrated oil company has done more than just tread water.
I think Exxon [XOM
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CABLE/TELECOM EARNINGS: The week kicks off with Verizon earnings on Monday; then Comcast reports two days later.
I like AT&T [T
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] has a shot, too.
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HOORAY FOR HOLLYWOOD? Viacom, Disney and CBS are all coming down the pike.
Expect to hear more of the same, says Tim Seymour. The consumer is in trouble.
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CAFFEINE COMEBACK? Starbucks' earnings come out after hours Wednesday.
I’d stay away from Starbucks [SBUX
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Trader disclosure: On July 25, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (AAPL), (TSO), (ICO); Najarian Owns (XLF) Puts, (YHOO) Calls; Najarian Owns (CSCO) Calls; Seymour Owns (AAPL), (BAC), (F), (MER), (MSFT), (TSO); Seygem Asset Management Owns (FXI), (EEM), (NIHD) ;Seygem Asset Management Owns (RSX) Calls; Terranova Owns (YHOO), (XLF), (BNI), (IYT), (SU), (RIMM), (VLO), (SA), (CME), (GOOG), (INTC),( KOL); Terranova Is Long Gold December Futures; Terranova Is Long Crude Oil September $154 Calls; Terranova Is Short Crude Oil September $130 Calls; Terranova Is Short Crude Oil September $130 Puts
Terranova Is Chief Alternatives Strategist Of Phoenix Investment Partners, Ltd.; Phoenix Investment Partners Owns More Than 1% Of (DBV), (RWX), (LNET), (EXR), (SKT), (DLR), (IGE), (ARE), (DBC), (ABD), (OFC), (CLB), (BLV), (CNTY), (FL), (HPC), (PSPT), (ESS), (OIIM), (BIG),(ENG),(PFD),(DRH)
Terranova Is Co-Portfolio Manager Of The Phoenix Diversifier PHOLIO; Phoenix Diversifier PHOLIO Owns (IGE), (DBC), (DBV)
Quint Tatro Is The Principal Of Tatro Capital; Tatro Owns (C), (GS), (JPM), (FSLR); Tatro Capital Owns (CHK), (JNJ), (QQQQ), (SPY), (DUG), (XLF), (GRMN), (ASTI), (JASO), (EEV)
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