Your First Move For Tuesday June 1st

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

Steve Grasso suggests longNYSE .

Anthony Scaramucci recommends long Altria .

Joe Terranova prefers long Intrepid Potash .

Patty Edwards thinks the Vix is a buy as a hedge.

Click here to see other Final Trade posts.

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TRADER DISCLOSURE: ON MAY 28, 2010, THE FOLLOWING STOCKS AND COMMODITIES MENTIONED OR INTENDED TO BE MENTIONED ON CNBC’S FAST MONEY WERE OWNED BY THE FAST MONEY TRADERS; IUORIO OWNS (GE), (C), (FXC), (FXA),; IUORIO IS LONG VOLATILITY IN S&P FUTURES; TERRANOVA OWNS (FTO), (IPSU), (RSX), (PFE), (STLD), (TER), (APA), (YHOO), (AXP), (BMO), (BBY), (DIS), (XCO), (BTU), (SWN), (GLD); GRASSO OWNS (DCPA), (ASTM), (ABK), (BP), (BAC), (BGP), (C), (DYN), (JPM), (LPX), (NDAQ), (PRST), (CGP), (JPM); KARABELL OWNS (CSCO), (AAPL), (SLB), (GOOG), (BRCM), (C), (GS); ADAMI OWNS (AGN), (C), (GS), (INTC), (MSFT), (NUE), (BTU); SCARAMUCCI OWNS (GOOG); (GS), (KFT), (PFE); TERRANOVA OWNS (FTO), (IPSU), (RSX), (PFE), (STLD), (TER), (APA), (YHOO), (AXP), (BMO), (BBY), (DIS), (XCO), (BTU), (CVS), (IPI), (TEVA), (FXB), (GLD); KELLY OWNS (FXE) CALLS; KELLY OWNS (IBM) CALLS; KELLY OWNS (STD) CALLS

FOR STEVE GRASSO:
STUART FRANKEL AND ITS PARTNERS OWN (AMR)
STUART FRANKEL AND ITS PARTNERS OWN (BAX)
STUART FRANKEL AND ITS PARTNERS OWN (CUBA)
STUART FRANKEL AND ITS PARTNERS OWN (DHR)
STUART FRANKEL AND ITS PARTNERS OWN (DYN)
STUART FRANKEL AND ITS PARTNERS OWN (GERN)
STUART FRANKEL AND ITS PARTNERS OWN (GS)
STUART FRANKEL AND ITS PARTNERS OWN (HSPO)
STUART FRANKEL AND ITS PARTNERS OWN (MERC)
STUART FRANKEL AND ITS PARTNERS OWN (NWS.A)
STUART FRANKEL AND ITS PARTNERS OWN (NYX)
STUART FRANKEL AND ITS PARTNERS OWN (PDE)
STUART FRANKEL AND ITS PARTNERS OWN (PFE)
STUART FRANKEL AND ITS PARTNERS OWN (PRST)
STUART FRANKEL AND ITS PARTNERS OWN (RDC)
STUART FRANKEL AND ITS PARTNERS OWN (SYMC)
STUART FRANKEL AND ITS PARTNERS OWN (TLM)
STUART FRANKEL AND ITS PARTNERS OWN (TRV)
STUART FRANKEL AND ITS PARTNERS OWN (XRX)
STUART FRANKEL AND ITS PARTNERS OWN (SDS)
STUART FRANKEL AND ITS PARTNERS OWN (TBT)
STUART FRANKEL AND ITS PARTNERS ARE SHORT (QQQQ)

FOR ANTHONY SCARAMUCCI
SKYBRIDGE OWNS (GS)
SKYBRIDGE OWNS (GOOG)
SKYBRIDGE OWNS (KFT)
SKYBRIDGE OWNS (PFE)
SKYBRIDGE IS SHORT (WMT)

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 PATTY EDWARDS:
EDWARDS OWNS (BP) FOR CLIENTS
EDWARDS OWNS (RIG) FOR CLIENTS
EDWARDS OWNS (MS) FOR CLIENTS
EDWARDS OWNS (JCG) FOR CLIENTS
EDWARDS OWNS (BKE) FOR CLIENTS
EDWARDS OWNS (COH) FOR CLIENTS
EDWARDS OWNS (COST) FOR CLIENTS
EDWARDS OWNS (WMT) FOR CLIENTS
EDWARDS OWNS (AZO) FOR CLIENTS
EDWARDS OWNS (HD) FOR CLIENTS
EDWARDS OWNS (WMFI) FOR CLIENTS
EDWARDS OWNS (V) FOR CLIENTS
EDWARDS OWNS (GOOG) FOR CLIENTS
EDWARDS OWNS (WFMI) FOR CLIENTS
EDWARDS OWNS (VXX) FOR CLIENTS
EDWARDS OWNS (GLD) FOR CLIENTS
EDWARDS OWNS (PGM) FOR CLIENTS

FOR BRIAN KELLY
KANUNDRUM CAPITAL OWNS (STD)
KANUNDRUM CAPITAL OWNS (IBM)
KANUNDRUM CAPITAL IS SHORT THE EURO
KANUNDRUM CAPITAL IS SHORT THE YEN
KANUNDRUM CAPITAL IS SHORT THE SWISS FRANC
KANUNDRUM CAPITAL IS SHORT THE BRITISH POUND

FOR RICHARD KANG
EMERGING GLOBAL ADVISORS OWNS (PTR) IN ITS FUNDS
EMERGING GLOBAL ADVISORS OWNS (PBR) IN ITS FUNDS
EMERGING GLOBAL ADVISORS OWNS (LFC) IN ITS FUNDS
EMERGING GLOBAL ADVISORS OWNS (BBD) IN ITS FUNDS
EMERGING GLOBAL ADVISORS OWNS (IBN) IN ITS FUNDS