Your First Move For Wednesday July 8th
Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Tim Seymour says he’s a seller of Aetna due to a high degree of uncertainty in the healthcare space.
Guy Adami takes the other side of Seymour’s trade (sort of), and suggests longWellPoint reasoning the very worst is already baked into HMO stocks.
Karen Finerman prefers longTransocean .
Joe Terranova thinks McDonald’s is a buy.
Click here to see other Final Trade posts.
WHO MADE THE MOST MONEY TODAY?
For Tuesday July 7th the Fast Money desk thinks the person who made the most money is… Eddie Lampert.
According to a report published today, Eddie Lampert has been selling large block of his AutoZone stake for as much as double what he paid. In the past 3 weeks, Lampert has unloaded over $538 million in Autozone. Mr. Lampert has watched his 23 milliion shares of AZO climb from $115 to a 52-week high of $160.
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Trader disclosure: On July 7th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Terranova Owns (MSFT), (XBI), (ABT); Terranova Owns (UNG) Puts; Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Finerman Owns (TBT), (RIG); Finerman's Firm Owns (FCN), (MSFT), (NOK), (PBR), (RIG), (TBT), (WMT), (FLS); Finerman's Firm Owns (BAC) Preferred; Finerman Owns (BAC) Preferred; Finerman's Firm Is Short (BAC), (IYR), (IJR), (MDY), (SPY), (USO); Seymour Owns (AA), (AAPL), (BAC), (BX), (DRY), (EEM), (FXI), (INFY), (SBUX); Seymour's Firm Is Short (PBR); Seymour's Firm Owns (FCX), (NOK)