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Fast Money DisclaimerFast Money BiosAbout Fast MoneyRapid RecapFast Money Home
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Aug.21
9:57 PM ET
Thursday, 21 Aug 2008
Your First Move For Friday August 22nd

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

Pete Najarian suggests long Amylin [AMLN  Loading...      ()   ] on the recent decline.

Joe Terranova prefers long crude oil [US@CL.1  Loading...      ()   ] because he thinks it’s go more room to run.

Guy Adami thinks Celgene [CELG  Loading...      ()   ] is a buy.

Jeff Macke doesn’t have a stock pick, sorry.




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.

BERNANKE SPEAKS: Fed Chief will be making comments on financial stability in Jackson Hole, Wyoming

JPMorgan Funds chief market strategist David Kelly recommends strong dollar plays.


-------------------------

BEST WEEK FOR COMMODITIES? The oil surge and weakening dollar have commodities set to have their best week in over 30 years.

The week isn’t over yet and I’m superstitious, says Joe Terranova.

-------------------------

CHINA 'OLYMPICS' TRADE OVER? The Beijing Olympics conclude this weekend

It’s time to douse the flame and get out of China, counsels Jeff Macke.

-------------------------

ANN TAYLOR EARNINGS: The women's businesswear chain releases earnings before the bell.

Who cares, exclaims Jeff Macke.



______________________________________________________
Got something to say? Send us an e-mail at and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to .

Trader disclosure: On Aug 20, 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), (WMT); Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Najarian Owns (MS), Najarian Owns (AAPL) And Is Short (AAPL) Call, Najarian Owns (ANR) And Is Short (ANR) Call, Najarian Owns (JOYG) Call Spread, Najarian Owns (LEH) Put Spread, Najarian Owns (NOK) And Is Short (NOK) Calls, Najarian Owns (XLY) Puts; Terranova Owns (AAPL), (BNI), (CME), (EOG), (FCX), (GS), (GOOG), (INTC), (KOL), (NOV), (POT), (RIMM), (SA), (XLF), (SU), (X), (VLO), (YHOO); Terranova Owns (AIG) Puts; Terranova Is Short Crude Oil Time Spread (Short Dec. 2009, Long Dec. 2012); Terranova Is Long Crude Oil Futures (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)

© 2008 CNBC.com

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