Your First Move For Monday October 11th
By: Earnings season kicks into gear next week with big reports from tech, banks, conglomerates and more. Just take a look at some of the heavy hitters releasing results.
Next Week’s Earnings Calendar
Tuesday: Intel
Wednesday: JPMorgan
Thursday: AMD, Google
Friday: GE , Mattel
Here's how the Fast Money desk suggests gaming these stocks.
Intel
At these levels, I’d wait and hope the Street whacks Intel below $19, says Guy Adami.
JP Morgan
The bar is very low in JP Morgan, says Karen Finerman. I’m drawn to the value of the franchise with the price to book at a relatively modest premium. I’m long into earnings.
Over the past three quarters this stock has disappointed after earnings, but this time I’d play it for an upside surprise, says Joe Terranova. At $536 I’m a buyer of Google .
GE
I think GE is getting back to their core business with their recent acquisition, says Tim Seymour. But the stock has run 20%. I’ll be listening to hear what the drivers are on their businesses and then trade accordingly.
What do you think? We want to know!
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FRIDAY'S FINAL TRADES
And in the regular Final Trade segment here's what our gang has to say:
Guy Adami recommends longOracle.
Joe Terranova says, “Treasurys are not going to the moon.
Click here to see other Final Trade posts.
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Trader disclosure: On Oct. 8, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour Owns (AAPL), (AA), (BAC), (GE), (GOOG), (INTC), (MON), (POT); Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (BTU), (NUE); Finerman's Firm Is Short (IJR); Finerman's Firm Is Short (IWM); Finerman's Firm Is Short (SPY); Finerman's Firm Is Short (MDY); Finerman's Firm Is Long Russell 2000 Puts; Finerman's Firm Is Long S&P 500 Puts; Finerman's Firm Owns (BAC), (BAC) Leap; Finerman Owns (BAC), (BAC) Preferred; Finerman's Firm And Finerman Own (CVS); Finerman's Firm Owns (GENZ); Finerman Owns (GOOG); Finerman's Firm Owns (JPM), (JPM) Leap; Finerman Owns (JPM); Finerman's Firm Owns (MSFT); Finerman's Firm Owns (POT) Calls; Terranova Owns (APA), (AAPL), (IBM), (OXY), (RSH), (UPL), (XBI), (JOYG), (C), (AXP), (SWN), (AGU), (EOG), (HES), (OIH), (ORCL), (SU), (VRTS), (FTO), (RIG), (PEP), (POT), (CRM), (CF); Terranova Owns (TBT) Calls; Terranova Owns (FFIV) Puts; Terranova Owns (FCX) Put Spread; Terranova Owns (JOYG) Put Spread; Terranova Owns (GLD) Puts
For Joe Terranova
Terranova is chief market strategist of Virtus Investment Partners, LTD.
Virtus Investment Partners own more than 1% of (ABAX)
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For Rich Ilczyszyn
* No Disclosures
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