Thursday's show was so chock full of trades we needed to write another post to bring them all to you.
GOLD TO FALL WITHOUT CHINA?
The Fast Money traders are keeping a close eye on gold after comments from China suggested they weren’t looking to buy.
According to a Reuters report, foreign-exchange regulators in China say the precious metal's market is too small, illiquid and volatile to be considered suitable for asset allocation for the nation's nearly $2.5 trillion foreign-exchange stockpile.
If China isn’t looking to gobble up gold, can it sustain current price levels?
What that report omits is the fact that China has been buying up miners, says Brian Kelly. I’d play it long GDXJ as a real estate play on mines.
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- BP Not A Public Company By End Of Summer?
- Crazy or Sly: Tilson Increases BP Position
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ISARBY’S FOR SALE?
Investor Nelson Peltz, whose firm is a large shareholder of Wendy's/Arby's Group, said a third party expressed interest in a potential acquisition involving the fast-food company.
Its shares rose nearly 11 percent in after-hours trading.
Through his investment firm Trian Fund Management, Peltz said in a securities filing on Thursday that he is considering an "oral inquiry from a third party expressing interest on a preliminary basis."
What’s the fast food trade trade?
In the space I think the trade is long Jack-In-The Box or McDonald's, says Guy Adami.
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FAST MESSAGE- YOUR QUESTION ABOUT CISCO
Richard from Hawaii
Richard writes, “What is holding Cisco down with the market up more than 200 points?
The argument for Cisco is great valuations and cash on the balance sheet, explains Guy Adami but the argument against is that the tech cycle is at a peak. I’m in the bear camp and that's putting a lid on shares right now.
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Trader disclosure: On June 10, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Kelly owns (GS) puts; Kelly owns (SPY) puts; Terranova owns (IPSU), (BX), (UDN), (PFE), (RSX), (TER), (AXP), (BMO), (BBY), (DIS), (XCO), (SWN), (GLD), (AAPL), (IPI), (SU), (V), (TEVA), (FXB), (CVS); Adami owns (AGU), (BTU), (C), (GS), (INTC), (MSFT)
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 (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 Anthony Scaramucci
SkyBridge Capital owns the UK Pound
SkyBridge Capital owns Gold
Scaramucci owns (GS) and (GS) Puts
Scaramucci and Skybridge Capital own (JNJ)
Brian Kelly
Kanundrum Capital is short (GS)
Kanundrum Capital is short (FXI)
Kanundrum Capital is short (RSX)
Kanundrum Capital is short (XLY)
Kanundrum Capital is short (XLK)
Kanundrum Capital is short (XLE)
Kanundrum Capital is short (XLB)
Kanundrum Capital is short (FCX)
Kanundrum Capital is short EURO
Kanundrum Capital is short POUND
Kanundrum Capital is short SWILL
Kanundrum Capital U.S. DOLLAR
Kanundrum Capital owns (GLD)
Kanundrum Capital owns (TLT)
Kanundrum Capital owns (GFI)
Kanundrum Capital owns (AUY)
Kanundrum Capital owns (GDXJ)
Patty Edwards
Edwards owns (AA) for clients
Edwards owns (GE) for clients
Edwards owns (NSC) for clients
Edwards owns (UNP) for clients
Edwards owns (INTC) for clients
Edwards owns (STM) for clients
Edwards owns (TXN) for clients
Edwards owns (NVDA) for clients
Edwards owns (AAPL) for clients
Edwards owns (HPQ) for clients
Edwards owns (MSFT) for clients
Edwards owns (DELL) for clients
Edwards owns (GOOG) for clients
Edwards owns (JPM) for clients
Edwards owns (BAC) for clients
Edwards owns (C) for clients
Edwards owns (WFC) for clients
Edwards owns (MS) for clients
Edwards owns (RIG) for clients
Edwards owns (NE) for clients
Edwards owns (SLB) for clients
Edwards owns (HAL) for clients
Edwards owns (DO) for clients
Edwards owns (VXX) for clients
Edwards owns (SPY) for clients
Edwards owns (QQQQ) for clients
Edwards owns (GLD) for clients
Edwards owns (ORA) for clients
Edwards owns (KFT) for clients
Barry Ritholtz|
Ritholtz Firm owns (C)
For Edward Mills
**no disclosures **
For Peter Boockvar
Boockvar owns Euros
For Brian Stutland
Stutland Equities makes a market in VIX and SPX options
CNBC.com with wires
