Your First Move For Tuesday January 6th
Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Guy Adami suggests long Tyson for a trade.
Karen Finerman prefers longGenentech .
Joe Terranova thinks it’s time for a pairs trade. He recommends, longMcDonald’s and shortSears against it.
Jeff Macke says, "I’m a seller of the shippers. Gains are made to be taken."
See other "Fast Money" Final Tradeposts.
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.
INSIDE THE FED: The FOMC Minutes will give us a glimpse into the minds behind the Fed at its historic last meeting where they cut interest rates to almost zero.
I think it will be interesting, says Karen Finerman. I want to know if everyone was on board and what they anticipated to make them cut rates to nearly zero.
WELCOME HOME: Well get a reading on the state of housing with the release of pending homes sales.
It appears the housing market is turning faster than expected, muses Guy Adami.
SERVICE ECONOMY: After last week's ISM manufacturing index showed the lowest reading in 28 years, well get a reading on the services side of the economy with the released of the ISM non-manufacturing index.
Don't be surprised to hear a significant number of job losses in the service sector, says Joe Terranova.
BACK ON THE HILL: The 111th Congress officially gets underway Tuesday. First up on the agenda will be putting together an agreement on Obama's proposed stimulus plan so that its ready to sign come Inauguration Day.
I think they'll just screw things up, bristles Jeff Macke.
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Trader disclosure: On Jan. 5th, 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), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Finerman's Firm Owns (OIH) Puts; Finerman's Firm Owns (DVN), (RIG), (MSFT), (IBB), (XBI, (DNA), (TBT); Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (IWM), (USO), (BBT); Macke Owns (MSFT), (TM), (MGM)
Terranova Works For (VRTS); Terranova Is Co-Portfolio Manager Of The Virtus Diversifier PHOLIO; Virtus Diversifier PHOLIO Owns (IGE), (DBC), (DBV)
Terranova Is Chief Alternatives Strategist Of Virtus Investment Partners, Ltd.; Virtus Investment Partners Owns More Than 1% Of (ABD), (ARE), (BIG), (DLR), (EPR), (EXR), (IGE), (SLB), (MAC), (DBC), (DBV), (SKT), (UA), (CLB); Virtus Investment Partners Owns More Than 1% Of Seagate Tax Refund Rights; Virtus Investment Partners Owns More Than 1% Of Corporate Office Properties Trust SBI MD; Virtus Investment Partners Owns More Than 1% Of Goldman Sachs Financial Square Fund – Money Market Fund
GE Is The Parent Company Of CNBC; NBC Universal Is The Parent Company Of CNBC