Your First Move For Tuesday June 9th
Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Guy Adami recommends longMcDonalds on Monday’s pull back.
Karen Finerman prefers longKarft .
Pete Najarian thinks Isis Pharma is a buy.
Joe Terranova says, cover the British pound if you’re short. I think the dollar is going to roll over.
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.
NEW DOW COMPONENT:Cisco was added to the Dow Monday’ morning replacing General Motors; should you buy on the news?
I think it's a positive event for Cisco, says James Ragan of Crowell, Weedon. And their business has appeared to bottom. I think Cisco goes to the mid-$20's, he speculates.
TREASURY AUCTIONS: The Treasury will auction $35-billion in 3-year notes Tuesday. Will there be enough demand for the supply?
Demand should be relatively robust, speculates Joe Terranova. But I'm watching what happens later in the week when we have the longer end of the curve.
UNDER THE HOOD: Pep Boys reports earnings ahead of the bell Tuesday; a profits of 7 cents is expected. The stock has seen its shares rise 177% in the last three months. How should you trade?
Looks pretty solid, says Pete Najarian.
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Trader disclosure: On June 8th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (BX) Call Spread; Najarian Owns (DELL) Call Spread; Najarian Owns (FCX) Calls & Put Spread; Najarian Owns (INTC) Call Spread; Najarian Owns (MCD) Call Spread; Najarian Owns (MOS) Put Spread; Najarian Owns (PALM) Call Spread; Najarian Owns (WNR); Najarian Owns (ISIS); Terranova Owns (TER), (XBI), (ABT), (RIMM), (BTU), (BRCM), (GENZ); Terranova Owns (MS) & (MS) Calls; Terranova Is Short (FCX) & (FCX) Puts; Terranova Owns (HES) & (HES) Calls; Terranova Owns (XOM) Call Spread ; Terranova Owns (DIS) Call Spread; Terranova Owns (X) & (X) Calls; Terranova Owns (JPM) & (JPM) Calls; Terranova Owns (POT) & (POT) Calls ; Adami Owns (AGU), (C), (GS), (INTC), (BTU), (MSFT), (NUE); Finerman Owns (BAC) Preferred; Finerman's Firm Own (NOK), (PBR), (RIG), (TBT), (WRC), (KFT); Finerman's Firm Owns (BAC) Preferred; Finerman's Firm Owns (WFC) Preferred; Finerman Owns (WFC) Preferred; Finerman's Firm Is Short (BAC)
Ragan Owns (CSCO)