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Your First Move For Monday June 28th

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Published: Friday, 25 Jun 2010 | 5:53 PM ET
Lee Brodie By: | Producer

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

Patty Edwards suggests long Philip Morris International , “the world cup has me thinking international.”

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

Tim Seymour prefers long Rio Tinto as a bet on the strength of Australia-based miners.

JJ Kinahan recommends longCME because financial regulatory reform mandates derivatives be cleared by an exchange

Karen Finerman likes Covidien as a play on increased need for medical devices.

Mike Khouw thinks Goldman Sachs and Bank of America are buys; "Take comfort in fin reg's ambiguity," he says.

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BUY THE DIP ON APPLE

In the wake of the new Apple iPhone 4 launch shares of Apple closed lower.

Apple Headed for a Fall?
A look at where Apple's stock is headed after the release of its new iPhone.

What should you make of it?

Apple always does this, says Patty Edwards. Shares climb ahead of a product launch and then sells off a little after the launch. I think the stock has further to go to the upside.

But Apple has to continue to do every single thing right, muses Mike Khouw. It will get harder and harder for them to knock the cover off the ball every single time.

I don't think valuations in Apple are terribly expensive, adds Karen Finerman, and that's really saying something from a value girl like me!

Click here to see other Final Trade posts.

______________________________________________________
Got something to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to fastmoney@cnbc.com.

Trader disclosure: On June 25, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Kinahan owns (C); Kinahan owns (WFC) and short puts; Kinahan owns (AMTD); Kinahan owns (AXP); Kinahan is short (SPY) options; Finerman and Finerman’s Firm owns (AAPL); Finerman’s Firm owns (AEO); Finermans’ Firm owns (ANF); Finerman’s Firm owns (BAC) stock and calls; Finerman and Finerman’s Firm own (BAC) preferred; Finerman and Finerman’s Firm owns (BBY); Finerman owns (BP) calls; Finerman and Finerman’s Firm owns (C); Finerman and Finerman’s Firm own (CVS); Finerman owns (GLW); Finerman & Finerman’s Firm owns (GOOG); Finerman & Finerman’s Firm owns (HPQ); Finerman & Finerman’s Firm owns (IBM); Finerman & Finerman’s Firm owns (JPM) stock & calls; Finerman’s firm owns (PM); Finerman’s Firm owns (RIG); Finerman’s Firm owns (TGT); Finerman’s Firm owns (WMT); Finerman’s Firm is short (IJR); Finerman’s Firm is short (IWM); Finerman’s Firm is short (MOY); Finerman’s Firm is short (SPY); Edwards owns (PM)

For Mike Khouw
Cantor Fitzgerald makes a market in (AAPL
Cantor Fitzgerald makes a market in (AMTD
Cantor Fitzgerald makes a market in (AXP)
Cantor Fitzgerald makes a market in (BAC)
Cantor Fitzgerald makes a market in (BBT
Cantor Fitzgerald makes a market in ( C )
Cantor Fitzgerald makes a market in (CBOE
Cantor Fitzgerald makes a market in (CMA)
Cantor Fitzgerald makes a market in (CME
Cantor Fitzgerald makes a market in (DFS)
Cantor Fitzgerald makes a market in (ETFCD)
Cantor Fitzgerald makes a market in (FHN)
Cantor Fitzgerald makes a market in (FIS)
Cantor Fitzgerald makes a market in (FITB)
Cantor Fitzgerald makes a market in (GS)
Cantor Fitzgerald makes a market in (HBAN)
Cantor Fitzgerald makes a market in (ICE)
Cantor Fitzgerald makes a market in (JPM)
Cantor Fitzgerald makes a market in (KEY)
Cantor Fitzgerald makes a market in (MA)
Cantor Fitzgerald makes a market in (MI)
Cantor Fitzgerald makes a market in (MS)
Cantor Fitzgerald makes a market in (MTB
Cantor Fitzgerald makes a market in (NDAQ
Cantor Fitzgerald makes a market in (NYX
Cantor Fitzgerald makes a market in (PNC)
Cantor Fitzgerald makes a market in (RDS.A)
Cantor Fitzgerald makes a market in (RF)
Cantor Fitzgerald makes a market in (RIMM)
Cantor Fitzgerald makes a market in (RJJF)
Cantor Fitzgerald makes a market in (SCHW)
Cantor Fitzgerald makes a market in (SF)
Cantor Fitzgerald makes a market in (STI)
Cantor Fitzgerald makes a market in (TRAD)
Cantor Fitzgerald makes a market in (TROW)
Cantor Fitzgerald makes a market in (USB)
Cantor Fitzgerald makes a market in (V)
Cantor Fitzgerald makes a market in (VZ)
Cantor Fitzgerald makes a market in (WFC)
Cantor Fitzgerald makes a market in (XOM)
Cantor Fitzgerald makes a market in (ZION)

Patty Edwards
Edwards owns (AAPL) for clients
Edwards owns (AMZN) for clients
Edwards owns (BAC) for clients
Edwards owns (BBT) for clients
Edwards owns (BBY) for clients
Edwards owns (C) for clients
Edwards owns (COP) for clients
Edwards owns (CVX) for clients
Edwards owns (DELL) for clients
Edwards owns (DO) for clients
Edwards owns (FITB) for clients
Edwards owns (GE) for clients
Edwards owns (GLD) for clients
Edwards owns (GOOG) for clients
Edwards owns (GLW) for clients
Edwards owns (HAL) for clients
Edwards owns (HPQ) for clients
Edwards owns (INTC) for clients
Edwards owns (JPM) for clients
Edwards owns (JNK) for clients
Edwards owns (MS) for clients
Edwards owns (MSFT) for clients
Edwards owns (NE) for clients
Edwards owns (NSC) for clients
Edwards owns (NVDA) for clients
Edwards owns (PM) for clients
Edwards owns (PNC) for clients
Edwards owns (QQQQ) for clients
Edwards owns (RIG) for clients
Edwards owns (SLB) for clients
Edwards owns (SPY) for clients
Edwards owns (STI) for clients
Edwards owns (STM) for clients
Edwards owns (TXN) for clients
Edwards owns (UNP) for clients
Edwards owns (VXX) for clients
Edwards owns (VZ) for clients
Edwards owns (WFC) for clients
Edwards owns (WFT) for clients
Edwards owns (XOM) for clients
Edwards owns gold for clients
Edwards owns platinum for clients
Edwards owns silver for clients
Edwards owns the Russell 2000 for clients
Edwards owns the S&P500 for clients


Michael Block
***No Disclosures***

Harvey Pitt
***No Disclosures***


 Print
Here's our Fast Money Final Trade. Our gang gives you Monday's best trades, right now!
  Price   Change %Change
BAC ---
CETV ---
COV ---
GS ---
PM ---
AAPL ---

   
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