Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Jeff Macke suggests longTarget with tight stop at $40.
Guy Adami recommends a short position in Texas Instruments also with tight stop.
Joe Terranova prefers longAbbott Labs , which he says could break out above $45.
Pete Najarian thinks Fluor is a buy but also suggests buying puts for protection.
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.
OIL INVENTORIES: We’ll get the government's report on oil inventories Wednesday; last week's report sent oil tumbling 4-percent as inventories rose more than expected.
What should you anticipate?
It’s quite possible that demand will be weaker on higher prices at the pump, says Deutsche Bank analyst Paul Sankey. In fact, that's what I expect to hear.
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TRADE BALANCE: The government releases the trade deficit for April; economists are expecting the deficit to widen to negative $29 billion from March's reading of negative $27.6 billion.
I don't believe a word the government says, bristles Jeff Macke.
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GO GREEN? Deutsche Bank holds its alternative energy and clean technology conference on Wednesday. Cree , Echelon and First Solarare all scheduled to present.
It could be a market mover, counsels Pete Najarian. I'm wathcing Energy Conversion Devices and American Superconductor.
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ECONOMIC INDICATOR: We’ll get the latest reading on the state of the economy with the release of the Beige Book.
It does move markets but I find it hard to get excited about the Beige Book, chuckles Guy Adami. However, I'm sure CNBC's Steve Liesman will be all over it.
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Trader disclosure: On June 9th, 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), (BTU), (MSFT), (NUE); Macke Owns (TGT), (AAPL), (AGU); 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 (AMAT) Calls; Najarian Owns (FLR); Najarian Owns (JPM); Najarian Owns (NSM) Calls; Terranova Owns (TER), (XBI), (ABT), (RIMM), (BTU); Terranova Owns (BRCM) & (BRCM) Calls; Terranova Owns July Crude Oil Futures; Terranova Owns August Crude Oil Futues; Terranova Owns (MS) & (MS) Calls; Terranova Is Short (FCX) & (FCX) Puts; Terranova Owns (GENZ) & (GENZ) Calls; 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; Terranova Owns (IBM) & (IBM) Calls
For Paul Sankey
Deutsche Banks Owns (VLO)
Deutsche Bank Has Received Compensation Form (VLO)
(VLO) Has Been A Client of Deutche Banks In The Past Year
(SUN) Is An Investment Banking Client of Deutsche Bank
Deutsche Bank Has Received Compensation Form (SUN)
Deutsche Bank Owns (TSO)
(TSO) Is An Investment Banking Client of Deutsche Bank
(XOM) Is An Investment Banking Client of Deutsche Bank
Deutsche Bank Owns (CVX)
