Your First Move For Thursday May 28th
Here’s our Fast Money Final Trade. Our gang gives you Thursday’s best trades, right now.
Steve Grasso suggests longAmazon .
Guy Adami recommends longProShares UltraShort 20+ Year Treas. ETF .
Joe Terranova prefers a short position in Mastercard.
Pete Najarian thinks Applied Materials 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.
BET WITH ACKMAN?Target holds its annual shareholder meeting Thursday, Bill Ackman's proposal for alternative directors will finally come up for a vote.
Yes, the stock is up 62% but I still like it, counsels Guy Adami.
BUY THE FARM? Earlier on the Halftime Report, Dennis Gartman recommended Monsanto as a “buy.” He said, “I think you want to own today's weakness."
I agree with Dennis, says Pete najarian.
NEW HOME SALES: We'll get a reading on new home sales Thursday. Economists are expecting a slight increase in April sales following March's surprise uptick.
The problem we have to unload the houses we already have, chuckles Joe Terranova.
BULK IS BETTER?Costco reports earnings Thursday, a profit of 53 cents is expected, a decline of 20% year over year.
I think you can be long, counsels Steve Grasso.
BETTER WITH KETCHUP?Heinz reports earnings Thursday, a profit of 55 cents is expected, a decline of 10% year over year.
I like this stock for its dividend yield, reveals Pete Najarian.
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Trader disclosure: On May 27th, 2009, 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), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Terranova Owns (ABT), (TER), (XBI), (RIMM), (IBM); Terranova Is Short (XOM) Call Spread; Terranova Owns (DIS) Call Spread; Najarian Owns (ISIS); Najarian Owns (AMAT) Calls; Najarian Owns (BX) Call Spread, (INTC) Call Spread, (MOS) Call Spread, (XHB) Call Spread, (XLB) Call Spread, (XLU) Call Spread; Grasso Owns (V), (XLF), (RIMM), (AMZN); Grasso's Firm Owns (MSFT); Grasso's Clients Owns (JPM), (OXY), (AMR), (V)