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Your First Move For Thursday June 11th

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

Jeff Macke recommends longUnited States Oil Fund

Joe Terranova suggests longProShares UltraShort 20+ Year Trea. ETF as a bearish bet on Treasuries.

Karen Finerman prefers longEmulex as a potential takeover target

Pete Najarian thinks Caterpillar is a buy because new orders are up.

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.

YIELDS HIGHER? Treasury yields soared to 7-month highs Wednesday; and we'll get an $11 billion auction of 30-year bonds Thursday.

I want to know what the demand is from indirect bidders such as foreign banks, explains Joe Terranova.


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CONSUMER COMEBACK? The government will release retail sales data for the month of May.

I'm short the XRT because I think the sector has already priced in a strong recovery, says Karen Finerman.


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CHIP TRADE:National Semiconductor reports earnings before the bell; while the company is expected to post a loss of 41 cents, the stock has experienced a 7% boost after JPMorgan raised its price target earlier this week.

I like the stock, says Pete Najarian.


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PULLBACK AHEAD? Earlier Wednesday money manager Doug Kass, who correctly called the March bottom, told CNBC, “I'm constantly shocked at how many investors worship at the alter of price momentum… I think we're entering a danger zone." Is a correction ahead?

I agree with Doug, says Jeff Macke. He may be early but I do think it's time to trim gains.


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Trader disclosure: On June 10th, 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 Is Long (USO), (AGU), (SKF); Najarian Is Long (AAPL) Call Spread; Najarian is Long (FCX) Calls And Puts; Najarian Is Long (JPM), Short (JPM) Calls; Najarian Is Long (PALM) Call Spread; Finerman Is Long (NOK); Finerman Is Short (USO); Terranova Is Long (RIMM) And Short (RIMM) Sept. Calls; Terranova Is Long (MS) And Short (MS) July Calls; Terranova Is Short (XOM) Call Spread; Terranova Is Short (FCX) And Short (FCX) Puts

Terranova Works For (VRTS); Terranova Is Chief Alternatives Strategist Of Virtus Investment Partners, Ltd.; Terranova Is Co-Portfolio Manager Of The Virtus Diversifier PHOLIO; Virtus Diversifier PHOLIO Owns (IGE), (DBC), (DBV); Virtus Investment Partners Owns More Than 1% Of (ABD), (CAL), (CLB), (DLR), (EPR), (EXR), (IGE), (MEE), (DBC), (DBV), (DBA), (SKT), (UA), (WBMD); Virtus Investment Partners Owns More Than 1% Of St Mary Land & Exploration Co; Virtus Investment Partners Owns More Than 1% Of Seagate Tax Refund Rights