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Jeff Macke suggests Costco [COST
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] as a sell. Retail is just too hard, he says .
Guy Adami recommends long Raytheon [RTN
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].
Pete Najarian thinks it’s time to buy some Merrill Lynch puts because the “whole financial thing is starting to look ugly.”
Karen Finerman doesn’t have a stock pick, sorry.
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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.
WEEKLY OIL GAUGE: The EIA’s Petroleum Inventory Report comes out Wednesday.
We’ll s see if the oil [US@CL.1
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TELECOM TELL? JDS Uniphase, maker of fiber optic cable and telecom infrastructure testing devices, releases quarterly earnings after the bell.
Typically JDS Uniphase [JDSU
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VICTORIA’S SECRET EARNINGS: The Limited – parent company of Victoria’s Secret – also has earnings after the close.
The Limited [LTD
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] and specialty retail in general has been a good thing to avoid, says Jeff Macke.
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AFTER HOURS ACTION: SPECIALTY RETAIL: Citi Trends, Gymboree, Phillips Van Heusen and Hot Topic all come out with earnings after the bell.
None for me, says Karen Finerman. Not a one.
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Trader disclosure: On Aug 19, 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 (C), (AGU), (BTU), (GS), (INTC), (MSFT), (NUE); Macke Is Short (TM); Macke Owns (MSFT), (WMT), (DIS), (CY); Najarian Owns (AAPL) And Is Short (AAPL) Calls; Najarian Owns (CSCO) Call Spread; Finerman Owns (GS); Finerman's Firm And Finerman Own (C) Leap; Finerman's Firm Owns (MSFT), (SUN), (TSO), (VLO); Finerman's Firm Is Short (SPG), (COF), (IYR), (IWM), (IJR), (SPY), (MDY), (BBT)
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