Your First Move For Friday April 17th
Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Tim Seymour says, “take profits in Barclays ."
Guy Adami suggests longYum! Brands .
Karen Finerman recommends long Cisco .
For Pete Najarians trade please watch the video!
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.
WHERE DOES GOOGLE TRADE?
Google's quarterly profit topped expectations, however after hours CEO Eric Schmidt said the economic environment remained tough.
When all is said and done I think Google will end up flat on the day, says Pete Najarian. And don’t forget long-term they probably have a lot of growth infront of them.
BRIGHT LIGHTS, BIG CITI
Citigroup reports earnings before the bell Friday; the company is expected to post a loss of 34 cents, a drop of 66% over last year.
The thing that matters is what’s happening with their deals, explains Karen Finerman. Are they making progress in getting toxic assets off the books?
Parent company of CNBC, GE is expected to post a profit of 21 cents, a 52% decline year over year.
I expect to see the stock trade down into the numbers, speculates Tim Seymour.
BET ON BARBIE
Mattel reports earnings before the bell tomorrow; the company is expected to post a loss of 13 cents, an improvement of 3% from last years loss.
Guy Adami doesn’t know what to say.
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Trader disclosure: On Apr. 16th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour Owns (AAPL), (BAC), (EEM), (FCX), (GE), (RIG), (TCK); Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Finerman's Firm Owns (UNH), (MSFT), (RIG), (PBR), (CSCO); Finerman's Firm Owns (WFC) Preferred; (C) Preferred; (BAC) Preferred; Finerman Owns (BAC) Preferred; Finerman's Firm Is Short (BAC), (WFC), (MDY), (SPY), (USO), (IWM), (IJR), (C); Najarian Owns (BX) Call Spread; Najarian Owns (PALM); Najarian Owns (RIO) Calls; Najarian owns (VAR) Call Spread; Najarian Owns (XHB) Call Spread; Najarian Owns (NTAP)