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Your First Move For Wednesday August 20th

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

Jeff Macke suggests Costco as a sell. Retail is just too hard, he says .

Guy Adami recommends long Raytheon.

Pete Najarian thinks it’s time to buy some Merrill Lynchputs 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 rally has legs but I don’t think it does, says Guy Adami.


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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 has lagged, says Pete Najarian.

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VICTORIA’S SECRET EARNINGS: The Limited – parent company of Victoria’s Secret – also has earnings after the close.

The Limited 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.

Symbol
Price
 
Change
%Change
CTRN
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HOTT
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PVH
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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)

Symbol
Price
 
Change
%Change
COST
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JDSU
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LB
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RTN
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