Your First Move For Tuesday August 25th
Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Jon Najarian suggests long Novellus due to unusual options activity.
Joe Terranova prefers longFXY as a play on Japan’s yen.
Steve Cortes suggests a pairs trade; shortNasdaq and longS&P because "I think tech is too crowded and financials are still under-owned."
Pete Najarian thinks Joy Global is a buy. “Keep an eye on this sun of a gun,” he says.
WHO MADE THE MOST MONEY TODAY?
The top spot goes to Michael Dell who made over $1.5 million on his Dell shares after the stock climbed 2% ahead of earnings.
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Trader disclosure: On Aug 24th, 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 (BUCY) & Short (BUCY) Calls; Najarian Owns (C) Calls; Najarian Owns (FCX), Is Short (FCX) Calls, Owns (FCX) Puts; Najarian Owns (MS) And Is Short (MS) Calls; Najarian Owns (MSFT) And Is Short (MSFT) Calls; Najarian Owns (PALM) Calls; Najarian Owns (V) & Short (V) Calls; Najarian Owns (YHOO) Call Spread; Terranova Owns (AMZN), (MSFT), (WFT), (BTU), (MA), (SHLD); Terranova Is Short (KBH); Terranova Works For (VRTS); J. Najarian Owns (AMD), (AAPL), (BX), (DRY), (LDK), (NTRS), (NUE), (FRE), (FNM), (NVLS); J. Najarian Owns (BAC) Preferred; Cortes Owns (SPX); Cortes Is Short Nasdaq 100; Cortes Owns (GS)