GO
Loading...

Your First Move For Wednesday July 30th

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

Jeff Macke recommends taking profits in the Financial Select Sector SPDR .

Guy Adami prefers long U.S. Bancorp.

Karen Finerman recommends shorting the iShares Dow Jones US Real Estate
.

Pete Najarian thinks Wells Fargo 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.


-----------------------------

‘HANNAH MONTANA’ TRADE: Disney's earnings - driven this quarter by 'National Treasure II' and 'Hanna Montana in 3-D', come out after-hours Wednesday.

I think Disney will have a great quarter, says Jeff Macke. But investors will probably sell the stock anyway.


-----------------------------

HD-TV PLAY: Corning, the maker of glass for flatscreen HD-TVs, release earnings before the bell.

I think the quarter will be fine, says Guy Adami. Corning looks cheap to me.

-----------------------------

CAFFEINE COMEBACK? Starbucks, which recently shuttered 600 stores as part of a turnaround plan, shows its results after the bell.

I don’t know what to make of it, says Karen Finerman. I sold my Starbucks shares because it’s too hard to know.

-----------------------------

CRUDE COLLAPSE CONTINUES? A petroleum inventory report from the EIA will be released at 10:35.

The charts suggest that oil will continue lower, says Pete Najarian.

-----------------------------

GIMME CREDIT: Visa’s second-ever quarterly earnings report comes after the close Wednesday.

I like Mastercard better, says Guy Adami. Stay away from Letter V.

-----------------------------

BOTOX PARTY? Allergan, the pharmaceutical company behind Botox, has earnings before the bell.

Allergan has been beaten-up pretty bad, says Pete Najarian. Giddyup!

-----------------------------

COMCASTIC? Comcast, the nation's largest cable operator, has earnings ahead of the open.

I think Comcast is a short, says Jeff Macke.

-----------------------------

WORKFORCE UPDATE: ADP's employment figures - a proxy for the Bureau of Labor Statistic's official figures on Friday - come out Wednesday at 8:15am.

Those numbers and the government numbers rarely match anymore, says Karen Finerman. All you'll find out is what the actual number isn't.

______________________________________________________
Got something to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to fastmoney@cnbc.com.

Trader disclosure: On July 29, 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 (DIS), (MSFT), (WMT), (COST); Adami Owns (GS), ( C), (NUE), (MSFT), (AGU), (INTC), (BTU); Adami's Wife Works At Schering-Plough; Najarian Owns (TSO); Najarian Owns (WMT) Calls, (XLY) Calls; Najarian Owns (AAPL) Puts and stock; Finerman And Finerman's Firm Owns C; Finerman's Firm Owns (MRK), (GS), (VLO), (TSO), (MSFT), (SUN)

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET

Halftime Report