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Your First Move For Thursday September 10th

Wednesday, 9 Sep 2009 | 6:08 PM ET

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

Tim Seymour says “The gold miners failed and there is a short trade in these guys.”

Guy Adami suggests longSAP. (Click here to check out our interview with SAP president of global field operations Bill McDermott.)

Joe Terranova says Carnival Cruise Lines is a sell at $32.

Pete Najarian thinks Titanium Metals is a buy due to unusual options activity.

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THE OIL TRADE

Oil prices settled higher even as OPEC ministers signaled no plans to cut oil production, and as the U.S. Energy Information Administration cut its oil demand forecast this year and next.

What’s the oil trade?

Forget OPEC, counsels Joe Terranova. The trade is all about inventories being worked off. If the inventories report out Thursday shows a reduction in supply, oil should spike above $73.

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STREET FIGHT MCDONALD’S VS. STARBUCKS

Shares of McDonald’s finished lower on Wednesday due to slowing sales while Starbucks jumped on news that it’s going to keep more stores open.

What’s the trade?

Guy Adami

I’m a little scared of McDonald’s after their latest sales data, says the Negotiator.


Pete Najarian

I love the Starbucks story, says the Pit Boss. They’re making strategic moves that I find attractive. And they just took 30 U.S. stores off their closure list after performance improved considerably.

But I also like McDonald’s, he adds. These numbers do not shake my confidence in this stock.

Fast Money Final Trades
The Fast Money traders share their final trades of the day.

Click here to see other Final Trade posts.

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Trader disclosure: On Sept. 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), (MSFT), (NUE), (BTU); Terranova Owns (WFT), (SU); Terranova Owns December Gold Futures; Terranova Is Short Dec. Copper Futures; Terranova Owns Oil Futures; Terranova Is Short (CCL); Terranova Works For (VRTS); Najarian Owns (AAPL) & Short (AAPL) Calls; Najarian Owns (BAC) & Short (BAC) Calls; Najarian Owns (C) Calls; Najarian Owns (INTC) & Short (INTC) Calls; Najarian Owns (DFS) Calls; Najarian Owns (FCX), Owns (FCX) Put, Is Short (FCX) Calls; Najarian Owns (JPM) & Is Short (JPM) Calls; Najarian Owns (JOYG) & Short (JOYG) Calls; Najarian Owns (MS) And Is Short (MS) Call; Najarian Owns (MSFT) And Is Short (MSFT) Call; Najarian Owns (PALM) Calls; Najarian Owns (TEVA); Najarian Owns (V) & Short (V) Calls; Najarian Owns (WFC) Put Spread; Najarian Owns (YHOO) Calls; Seymour Owns (AAPL), (BAC), (DIS), (EEM), (FXI), (RIG); Seymour's Firm is Short (GFI)

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For Heath Terry:
FBRCM acts as a market maker in securities of (ATVI)
FBRCM acts as a market maker in securities of (ERTS)
FBRCM acts as a market maker in securities of (THQI)
FBRCM acts as a market maker in securities of (TTWO)

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CCL
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GD
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SAP
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SBUX
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TIU1
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MCD
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  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

  • Scott Wapner is host of the "Fast Money Halftime Report," which airs weekdays from 12 p.m. to 1 p.m. ET.

  • Guy Adami is a contributor on CNBC's "Fast Money." He also is managing director of stockMONSTER.com.

  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

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