Fast Trades Into Wednesday's Close
How are the Fast Money traders gaming this market into the close? Following are the “Fast & Furious” trades - hot ways to play today's market moving events.
BUY YUM? Ahead of earnings Thursday, how should you game the owner of Taco Bell, Pizza Hut and KFC?
I’m a buyer of Yum , says Fast Money trader Tim Seymour. Their margins are getting better.
BUY HOG? If the consumer is starting to turn the corner, should you get revved up about Harley Davidson, which reports Thursday?
I don’t expect good numbers, says Patty Edwards of Storehouse. I’d stay away.
BUY GOOG? One of the most highly anticipated earnings reports comes out Thursday after the bell. Will Google continue to wow the crowds?
I’m a buyer, says Scott Nations of NationsShares. It’s probably going to the June high of $444. However, most of the move is already in the stock so I’d be quick to hit the sell trigger.
BUY IBM? With Big Blue able to preserve profits even in the tough times, should you dive into IBM ahead of earnings?
I’m a buyer, says John Kosar of Asbury Research, but if the stock goes to $108 I’d take profits.
TRADE TO GO: NOKIA
I like Nokia because it’s both a China play and a tech play, explains Tim Seymour. And they’re an industry leader with attractive valuations.
CALL THE CLOSE
John Kosar: I’m a buyer but I wouldn’t hold for more than a week or two.
Scott Nations: I’m a buyer.
Patty Edwards: I’m on the sidelines
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