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Guy Adami recommends getting long Raytheon [RTN
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Karen Finerman prefers long Pride [PDE
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Pete Najarian thinks Cisco [CSCO
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Jeff Macke suggest shorting the Retail HLDRS [RTH
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] and getting long Wal-Mart [WMT
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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.
TRACTOR TRADE: Earnings for Deere & Co come out Wednesday morning – shares are down more than 20% in the last 3 months with the commodity rollover.
Deere [DE
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OIL SUPPLY: The EIA’s petroleum status report is released at 10:35am.
Oil’s [US@CL.1
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] been driving the market, says Pete Najarian. It’s a very important number.
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JUICY PROFITS? Liz Claiborne – maker of Juicy Couture and Lucky Brand jeans – comes out with earnings before the bell.
I like the CEO of Liz Claiborne [LIZ
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MACY’S EARNINGS: The department store also reveals their earnings before the open.
I think the bar is low for Macy's [M
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Trader disclosure: On Aug 12, 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), (COST), (MSFT), (UUP), Macke Is Short (TM); Adami Owns (AGU), (C), (BTU), (GS), (INTC), (NUE), (MSFT); Pete Najarian Owns (AAPL), (NVDA), (TSO), (AMLN), (HD); Pete Najarian Owns (CSCO) Calls; Finerman Owns (GS); Finerman's Firm Owns (GLNG), (JCP), (MSFT), (SUN), (TSO), (VLO); Finerman's Firm Is Short (WB), (XLF), (BBT), (COF), (IYR), (MDY), (SPY), (IWM), (IJR); Finerman's Firm Is Short British Pound; Finerman's Firm And Finerman Own (PDE); Finerman's Firm And Finerman Own (C) Leaps
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