Your First Move For Monday May 18th
Here’s our Fast Money Final Trade. Our gang gives you Monday's best trades, right now.
Tim Seymour recommends longFord
Guy Adami suggests long Johnson & Johnson .
Karen Finerman prefers a short position in SPDR S&P Retail ETF
Pete Najarian thinks URS Corp is a buy.
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.
NO PLACE LIKE HOME:Home Depot reports on Tuesday, a profit of 28 cents is expected, a decline of 31%.
The stock's had a nice run from $19 to $27, explains Guy Adami. If they miss and pull back it's a buy.
GETTING DEFENSIVE: As the market turns negative should you get defensive, literally?
My favorite name in the space is FLIR Systems , says Raymond James aerospace analyst Brian Gesuale. I would buy it here.
TARGET ON TARGET? Retail titan Target is set to report earnings next Wednesday; a profit of 59 cents is expected, a decline of 20% year over year.
I'm in bed with Wal-Mart, says Karen Finerman.
DEERE IN LIGHTS: Deere reports earnings next week, a profits of 1.08 is expected, a decline of 38% year over year.
I think it's a buy on a pullback, says Pete Najarian.
KING DIMON? JPMorgan holds its annual shareholder meeting on Wednesday.
I think this stock is range bound, counsels Tim Seymour. A lot of good news is already baked in.
MIND THE GAP: Gap reports earnings next Thursday; a profit of 30 cents is expected, a decline of 12% year over year.
The stock is probably ahead of itself, says Guy Adami, but they're running the company better. In the long-run that's very bullish for the stock.
TAKING ITS TOLL? Toll Brothers reports next week; a loss of 33 cents is expected.
I do think the space is bottoming out, speculates Karen Finerman.
I'M A PC? Hewlett Packard reports next Tuesday, a profit of 86 cents is expected, a 2% decline year over year.
I believe Hewlett Packard may have found its base in the mid-30's, muses Pete Najarian.
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Trader disclosure: On May 15th, 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 (DRYS), (RIMM), (RIG), (TSL), (F), (AAPL), (BAC), (BX), (EEM), (FXI), (TSL); Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Finerman's Firm Owns (PBR), (RIG); Finerman's Firm Owns (BAC) Preferred, (WFC) Preferred; Finerman's Firm Is Short (XRT), (BAC), (WFC); Najarian Owns (CELG); Najarian Owns (AMD) Calls; Najarian Owns (BX) Calls; Najarian Owns (INTC) Calls; Najarian Owns (MOS) Call Spread; Najarian Owns (XHB) Call Spread; Najarian Owns (XLB) Call Spread; Najarian Owns (XLU) Calls
Raymond James & Associates makes a NASDAQ market in shares of Applied Signal Technology.
Raymond James & Associates co-managed an initial public offering of AeroVironment Inc. shares in January 2007.
Raymond James & Associates makes a NASDAQ market in shares of Dynamics Research Corporation.
Raymond James & Associates makes a NASDAQ market in shares of FLIR Systems.
Raymond James & Associates received non-investment banking securities-related compensation from FLIR Systems within the past 12 months