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Your First Move For Monday August 18th

Friday, 15 Aug 2008 | 10:26 PM ET

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

Joe Terranova recommends long National-Oilwell Varco .

Pete Najarian suggests long Constellation Brands .

Karen Finerman thinks Golar LNG is a buy.

Guy Adami doesn’t have a stock pick, sorry.


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



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.







HOME IMPROVEMENT:
After their 20% moves up this month, can Lowes & Home Depot keep the mojo going into earnings?

Home Depot scares me going into earnings, says Guy Adami. Take some profits and you can always get back in.

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BULLSEYE? What should you expect from Target earnings on Tuesday?

Go with Bill Ackman and get long Target , counsels Joe Terranova.

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PC TITAN: Also on Tuesday Hewlett-Packard releases their earnings.

I can’t help but wonder if their international exposure is going to hurt Hewlett Packard , says Pete Najarian. I’d rather be in Dell .

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REST OF RETAIL: Next week investors will hear from The Gap, The Limited, Pacific Sunwear, Zumiez

  Price   Change %Change
GPS
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LB
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PSUN
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ZUMZ
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I wouldn’t get involved in any of these names, says Karen Finerman.












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Trader disclosure: On Aug 15, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (GS), (INTC), (BTU), (MSFT), (NUE); Najarian Owns (AAPL) And Is Short (AAPL) Calls; Najarian Owns (CSCO) Calls, (NVDA) Calls: Najarian Owns (HCBK) Puts; Finerman Owns (GS); Finerman's Firm Owns (JCP), (MO), (NOK), (SUN), (TSO), (VLO); Finerman's Firm And Finerman Own (GLNG); Finerman's Firm And Finerman Own (C) Leaps
Finerman's Firm Is Short British Pounds; Finerman's Firm Is Short (XLF), (BBT), (COF), (SPG), (IYR), (IJR), (MDY), (SPY), (IWM)

Terranova Owns (RIMM), (AAPL), (IYT), (XLF), (KOL), (VLO), (SA), (GS), (POT), (FCX), (NOV), (X), (EOG), (INTC), (GOOG), (CME), (BNI), (SA), (YHOO), (SU); Terranova Is Short Crude Oil Time Spread (Short Dec. 2008, Long Dec. 2012); Terranova is Long Crude Oil (Dec. 2012)

Terranova Is Chief Alternatives Strategist Of Phoenix Investment Partners, Ltd.; 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)

Terranova Is Co-Portfolio Manager Of The Phoenix Diversifier PHOLIO; Phoenix Diversifier PHOLIO Owns (IGE), (DBC), (DBV)

  Price   Change %Change
4331
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GLNG
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HD
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HPQ
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NOV
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STZ
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TGT
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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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