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Your First Move For Thursday May 6th

Wednesday, 5 May 2010 | 6:10 PM ET

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

Joe Terranova suggests long Southwestern Energy .

Anthony Scaramucci recommends long Google .

Karen Finerman prefers long Alcon .

Pete Najarian thinks Louisiana- Pacific is a buy. “It looks like its ready to bounce again towards $13," he says.

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FINERMAN’S FINE PRINT

The last few weeks have been dominated by days when seemingly everything went up, or everything went down. But going forward it may not be that simple: stock picking is back.

So, where are the underperformers and over-achievers. Here’s what the Fast Money traders have on their radars:

I’m bullish Hewlett-Packard , Walmart and Alcon, says Karen Finerman.

I’d look at ABB , says Pete Najarian.

Fast Message
A viewer writes the Fast Money team for advice on trades.

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FAST MESSAGE: WE ANSWER YOUR QUESTIONS

Ted from Connecticut

Ted writes, "How about accumulating Citi as the financials trade down?"

I’ve made my bed in BofA and I like that better, replies Karen Finerman but Citi's an interesting idea.

I'm bullish; I think the Citi management team is doing an excellent job, adds Anthony Scaramucci of Skybridge and I think the stock could trade into the $5-$7 range over the next 18 months. (It’s worth noting that Skybridge recently bought assets from Citi)

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 May 5, 2010, 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 (C) May Calls; Terranova Owns (PFE), (SWN), (XCO), (TER); Terranova Is Long Gold June 2010 Futures; Terranova Is Short (CMA); Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY); Finerman's Firm Is Long S&P Puts; Finerman Owns (AAPL); Finerman's Firm Owns (AEO), (AEO) Calls; Finerman's Firm Owns (BAC), (BAC) Calls; Finerman Owns (BAC), (BAC) Preferred; Finerman's Firm Owns (BP) Calls; Finerman Owns (GOOG); Finerman Owns (GS) Calls; Finerman's Firm Owns (IBM); Finerman's Firm And Finerman Own (RIG), (RIG) Calls; Finerman Owns (WFC) Preferred; Najarian Owns (C) Calls; Najarian Owns (CLF) Call Spread; Najarian Owns (LPX) Call Spread; Najarian Owns (MS); Najarian Owns (PFE); Najarian Owns (YHOO) Call Spread; Kelly Owns (FXE) Puts; Kelly Owns (FXB) Puts; Levy Owns (GS)

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 (AMKR)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (XLB)
Virtus Investment Partners Owns More Than 1% Of (XLV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (XLU)
Virtus Investment Partners Owns More Than 1% Of (DRYS)

For Brian Kelly
Kanundrum Capital Is Long U.S. Dollars
Kanundrum Capital Owns (TLT)
Kanundrum Capital Is Long (GLD)
Kanundrum Captial Owns (GFI)
Kanundrum Capital Is Long (AUY)
Kanundrum Capital Is Long (GFI)
Kanundrum Capital Is Short Euro
Kanundrum Capital Is Short Yen
Kanundrum Capital Is Short Pound
Kanundrum Capital Is Short Franc
Kanundrum Capital Is Short (USO)
Kanundrum Capital Is Short (RSX)
Kanundrum Capital Is Short (FXI)
Kanundrum Capital Is Short (DE)
Kanundrum Capital Is Short (NUE)
Kanundrum Capital Is Short (SU)
Kanundrum Capital Is Short (EXPE)
Kanundrum Capital Is Short (XOM)
Kanundrum Capital Is Short (HES)
Kanundrum Captial Is Short (CLF)
Kanundrum Captial Is Short (TSL)
Kanundrum Captial Is Short (HBC)
Kanundrum Captial Is Short (BCS)
Kanundrum Captial Is Short (DB)
Kanundrum Captial Is Short (NUE)
Kanundrum Captial Is Short (IBM)

For Anthony Scaramucci:
Scaramucci Owns (AAPL), Skybridge Owns (AAPL)
Scaramucci Owns (BAC), Skybridge Owns (BAC)
Scaramucci Owns (C), Skybridge Owns (C)
Scaramucci Owns (GOOG), Skybridge Owns (GOOG)
Scaramucci Owns (GS), Skybridge Owns (GS)
Scaramucci Owns (JPM), Skybridge Owns (JPM)
Scaramucci Is Long U.S. Dollar, Skybridge Is Long U.S. Dollar

For Hilary Kramer
A&G Capital Owns (PMI)
A&G Capital Owns (MTG)
A&G Capital Owns (XCO)
A&G Capital Owns (GS)
A&G Capital Owns (MS)
A&G Capital Owns (QQQQ)
Hilary Kramer Is A Client Of Goldman Sachs

For Jared Levy
Peak6 Investments Is Long And Has An Options Position In (GS)
Peak6 Investments Is Long And Has An Options Position In (JPM)
Peak6 Investments Is Long And Has An Options Position In (C)
Peak6 Investments Is Long And Has An Options Position In (BAC)
Peak6 Investments Is Long And Has An Options Position In (WFC)
Peak6 Investments Is Long And Has An Options Position In (AA)
Peak6 Investments Is Long And Has An Options Position In (USO)
Peak6 Investments Is Long And Has An Options Position In (OIH)
Peak6 Investments Is Long And Has An Options Position In (COP)
Peak6 Investments Is Long And Has An Options Position In (PMI)
Peak6 Investments Is Long And Has An Options Position In (BP)
Peak6 Investments Is Long And Has An Options Position In (AAPL)
Peak6 Investments Is Short And Has An Options Position In (MS)
Peak6 Investments Is Short And Has An Options Position In (XLF)
Peak6 Investments Is Short And Has An Options Position In (FCX)
Peak6 Investments Is Short And Has An Options Position In (SPY)
Peak6 Investments Is Short And Has An Options Position In (QQQQ)
Peak6 Investments Is Short And Has An Options Position In (XOM)
Peak6 Investments Is Short And Has An Options Position In (CVX)
Peak6 Investments Is Short And Has An Options Position In (MTG)
Peak6 Investments Is Short And Has An Options Position In (RDN)
Peak6 Investments Is Short And Has An Options Position In (RIG)

For Mike Khouw
Cantor Firtzgerald & Co. Is A Market Maker In (CLF)

For Stephen Weiss
Weiss Owns (HD), (MWA), (BP), (MRK), (HBAN), (NMM), (FRO), (WCBO)

  Price   Change %Change
ABBN
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BAC
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C
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HPQ
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LPX
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LUV
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WMT
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GOOGL
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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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