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Your First Move For Wednesday May 20th

Tuesday, 19 May 2009 | 6:50 PM ET

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

Guy Adami suggests long Hewlett-Packard if it pulls back to $33.50. “That’s where it’s a value.”

Fast Money Final Trades
The Fast Money traders share their final trades of the day.

Karen Finerman recommends long Bank of America “on the huge capital raise.”

Tim Seymour prefers longConcoPhillips ; "it's a buy on the API numbers."

Jeff Macke doesn't have a stock pick, sorry!


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.



TARGET EARNINGS:Target is set to report earnings before the bell, a profit of 59 cents is expected, a decline of 20% year over year.

I’m long Wal-Mart instead, reveals Karen Finerman.

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INSIDE THE FED: Well get a glimpse into the what is on the Fed's mind with the release of the Fed Minutes.

I don’t think they pull liquidity out of the market anytime soon, muses Tim Seymour.

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STEEL TRADE HOT: Despite a relatively quiet market day, U.S Steel closed up 5%. What are traders seeing in this name?

I’m be careful here, says Jared Levy, of PEAK6 Investments. I’d play it with the June 25-23 bull put spread.

Fast & Furious
The Fast Money traders look ahead to tomorrow's big business stories.

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Trader disclosure: On May 19th, 2009, 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 (AAPL), (WFC), (AGU), (SKF), (SDS), (F); Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Seymour Owns (AAPL), (BAC), (BBY), (BX), (FCX), (EEM), (INFY), (PBR), (RIO), (TTM); Finerman Owns (RIG); Finerman's Firm Owns (PBR), (RIG), (WMT); Finerman's Firm Owns (BAC) Preferred, (WFC) Preferred; Finerman's Firm Is Short (WFC), (BAC)

  Price   Change %Change
BAC
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COP
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HPQ
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TGT
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X
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Contact Fast Money

  • Showtimes

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  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

  • Scott Wapner is host of the "Fast Money Halftime Report," which airs weekdays from 12 p.m. to 1 p.m. ET.

  • Guy Adami is a contributor on CNBC's "Fast Money." He also is managing director of stockMONSTER.com.

  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

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