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Your First Move For Tuesday February 16th

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

Brian Kelly suggests long VMWare. “I love cloud computing,” he says.

Gary Kaminksy recommends long Expeditors International as a play on China growth.

Guy Adami prefers longEnbridge .

Karen Finerman likes JPMorgan. “Good value, good price,” she says.

Joe Terranova thinks Palm is a buy due to “bad news and good price action.”

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ICAHN SELLS YAHOO!

In late breaking news, host Melissa Lee says billionaire investor and Fast Money friend Carl Icahn sold more of his Yahoo shares, according to the latest 13F filing.

Icahn cut his Yahoo stake to 12 million shares during the quarter, down from 62.9 million shares on Sept. 30.

What's the trade?

If Yahoo! hold $14 I’d be a buyer for a pop, says Brian Kelly.

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GARY KAMINKSY'S MARKET PULSE

In such an unpredictable environment, when can you safely assume the selling has stopped?

Veteran trader Gary Kaminsky has seen this kind of market before and over the year’s he’s come to realize that 3 events often signal a turnaround. They are:

1. Adjustment To Rate Tightening

That’s something we need to see around the world, not just in the US and China, Kaminsky explains.

2. M&A Picks Up

We need to see that corporate CEOs have confidence in their businesses, says Kaminksy. Right now we’re hearing they don’t.

3. IPO/Secondary Market Picks Up

If we can’t price deals, which we couldn’t this week, that tells me the supply demand imbalance continues.


Click here to see other Final Trade posts.

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Trader disclosure: On February 12, 2010, 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), (BTU), (NUE); Kaminsky Owns (LULU); Finerman's Firm Is Short (IJR), (MDY), (SPY), (MDY), (USO), (UNG); Finerman Owns (AAPL); Finerman's Firm And Finerman Own (CVS); Finerman's Firm And Finerman Own (GOOG); Finerman's Firm Owns (MSFT); Finerman's Firm And Finerman Own (RIG); Finerman's Firm And Finerman Own (WFC) Preferred; Finerman's Firm And Finerman Own (JPM); Finerman's Firm Owns (STJ); Finerman's Firm Owns (BSX); Terranova Owns (JPM), (RIMM), (IBM), (QCOM), (PALM), (GOOG), (EMC), (AAPL), (DELL), (MSFT); Terranova Is Long Oil Futures (Dec. 2010 Contracts, Dec. 2011 Contracts)

For Joe Terranova
Terranova Works For (VRTS)
Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.
Virtus Investment Partners Owns More Than 1% Of (CLB)
Virtus Investment Partners Owns More Than 1% Of (DLR)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (SKT)

For Charles Kantor
Neuberger Berman Owns More Than 1% Of (EEQ)
Neuberger Berman Owns More Than 1% Of (VRSK)
Kantor's Clients And Kantor Own (V)
Kantor's Clients And Kantor Own (ENB)
Kantor's Clients Own (VRSK)

For Brian Kelly
Kelly Owns (FXE) Puts
Kanundrum Capital Is Short EURUSD
Kanundrum Capital Owns (JPM), (C), (VMW)
Kanundrum Capital Owns (NBG)
Kanundrum Capital Owns (EWA)

For Zachary Karabell
Karabell Owns (FCX)
Karabell Owns (FLR)
Karabell Owns (VALE)
Karabell Owns (CSCO)
Karabell Owns (SINA)
Karabell Owns (EWA)

For Mike Khouw
Cantor Fitzgerald & Co. Is A Market Maker In (DELL)
Cantor Fitzgerald & Co. Is A Market Maker In (AAPL)
Cantor Fitzgerald & Co. Is A Market Maker In (GOOG)
Cantor Fitzgerald & Co. Is A Market Maker In (RIMM)
Cantor Fitzgerald & Co. Is A Market Maker In (INTC)
Cantor Fitzgerald & Co. Is A Market Maker In (IBM)
Cantor Fitzgerald & Co. Is A Market Maker In (QQQQ)

Symbol
Price
 
Change
%Change
ENB
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EXPD
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JPM MLP ETN
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VMW
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YHOO
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