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Your First Move For Monday July 28th

Friday, 25 Jul 2008 | 7:25 PM ET

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

Time Seymour recommends shorted dated options on Russian Depository Index (RDX).

Joe Terranova prefers long Schlumberger .

Quint Tatro suggests getting long UltraShort MSCI Emerging Markets ProShares and getting longiShares FTSE/Xinhua China 25 Index against it.

Fast & Furious
An outlook on key financial news, with the Fast Money traders.

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.






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 stock could begin to turnaround, says Joe Terranova.


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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 , says Pete Najarian, and Verizon 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, counsels Quint Tatro.

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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)

Charles Schwab Is A Sponsor Of "Fast Money"

  Price   Change %Change
CSCO
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EEV
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FLEX
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SBUX
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SLB
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T
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VZ
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XOM
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Contact Fast Money

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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

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