Catch Thursday's exclusive Web Extra for trades not covered on the show.
Adami offers up the 'Ghost of Subprime Past,' MBIA, the "latest four-letter word on Wall Street."
Meanwhile the 'Ghost of Subprime Present,' Fannie Mae announces its earnings tomorrow -- or "lack thereof," Karen adds. She wouldn't "get in front of it or behind it."
Macke is 'Lovin' it,' calling McDonald's "a great American company" even with it posting same store sales for July and its recent announcement that it may raise prices.
8/8/08 is upon us and the 'Olympics Begin' in Beijing, with the Opening Ceremony airing at 7:30pm tomorrow night on CNBC's filial network NBC(NBC Universal and CNBC are owned by GE). Cynically, Joe says people probably will be watching not with an eye of hope, "but rather failure." Macke only wants to see the drug tests and Dylan cares only for the swimming events.
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On Aug 7, 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 (MSFT) (DIS) (COST) (WMT), Adami Owns (AGU) (BTU) (GS) (C) (INTC) (MSFT) (NUE), Finerman's Firm Owns (ANF) Call Spread, Finerman's Firm And Finerman Own (KALU) (C) Leaps, Finerman Owns (GS), Finerman's Firm Owns (JCP) (MSFT), Finerman's Firm Is Short (IYR) (IJR) (SPY) (MDY) (IWM) (COF) (SPG) (KIM) (XLR), Terranova Owns (INTC) (GOOG) (BNI) (XLF) (IYT) (YHOO) (VLO) (RIMM) (SA) (SU) (KOL) (CME) (FCX), Terranova Is Chief Alternatives Strategist Of Phoenix Investment Partners, Ltd. Terranova Is Co-Portfolio Manager Of The Phoenix Diversifier PHOLIO, Phoenix Investment Partners Owns More Than 1% Of (ABD) (ARE) (BRE) (CNTY) (CLB) (OFC) (DLR) (ESS) (EXR) (FL) (IAT) (IGE) (LNET) (MAC) (OIIM) (PSPT) (DBC) (DBV) (SLB) (SKT) (BLV), Phoenix Diversifier PHOLIO Owns (IGE) (DBC) (DBV), Sandler O'Neill Advised Clients In Deals Involving (BAC) (JPM), Sandler O'Neill Recvd. Inv. Bank. Comp. From (BAC) (C) In Past 12 Mos, Sandler O'Neill Expects To Receive or Seek Inv. Bank. Comp. From (BAC) (JPM) (C) In Next 3 Mos. (BAC) (C) (JPM) (MER), (MS) Are Clients Of Sandler O'Neill. Sandler O'Neill Was A Manager Or Co-Manager Of A Public Offering for (C) In Past 12 Mos. Sandler O'Neill Has Received Non-Inv. Bank. Comp. From (C) (JPM) (MER) (LEH) (BAC), (GS) Is A Non-Inv. Bank. Client Of Sandler O'Neill, Harte has disclosed for (BAC) (C) (GS) (JPM) (LEH) (MER) (MS), Jon Najarian Is Long (COF) Put Spreads, Jon Najarian Is Long (MRVL) Call Spreads, Jon Najarian Has No Position In (VIX)