Your First Move For Wednesday May 20th
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.”
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.
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.
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.
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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)