Your First Move For Wednesday March 9th

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

Tim Seymour suggests longIndia .

Guy Adami recommends longRegions .

Karen Finerman says, “I like Tenet Healthcare .”

Joe Terranova thinks Abbot Labs is a buy. “Think it’s going to break above its 200-day,” he says.

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AFTER HOURS ACTION: FINISAR

Shares of Finisar tumbled over 30% in extended trade after the company forecast a dismal fourth quarter blaming a surprise inventory pile-up at telecom equipment makers in China.

"Things that we had forecast only at the end of last year...all of a sudden have been reduced dramatically," a Finisar executive said in a conference call with analysts.

The lower-than-expected outlook doesn't bode well for the fiber optics sector, as a whole. It's the second bad news out of the sector in as many days, after rival Ciena surprised investors with a weak second-quarter outlook.

By the numbers, Finisar expects a profit of about 31-35 cents a share and revenue of $235-$250 million.

Analysts were looking for a profit of 48 cents a share on revenue of $268.6 million, according to Thomson Reuters I/B/E/S.

What’s the trade?

"I’m a buyer of rivals JDSU or Ciena if they pull back in sympathy," says Joe Terranova. "But Finisar, I would not touch."

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AFTER HOURS ACTION: DIAMOND FOODS

Shares of Diamond Foods dropped as much as 11% in extended trade after the company said second-quarter revenue missed analysts' estimates, hurt partly by weak demand at its non-retail business.

Diamond Foods, however, raised its 2011 outlook and now sees adjusted earnings of $2.45-$2.51 a share, compared with its prior view of $2.43-$2.49 a share. It forecast revenue of $925-$950 million, compared with its earlier outlook of $920-$945 million.

What’s the trade?

If Diamond Foods holds $45.75, I think the pullback is a buying opportunity, says Guy Adami.

Click here to see other Final Trade posts.

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Trader disclosure: On March 8, 2011, 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); Seymour owns (BAC); Seymour owns (F); Seymour owns (GE); Seymour's firm is short (FCX); Seymour's firm is short (POT); Seymour owns (IIF); Adami Owns (AGU); Adami Owns (C); Adami Owns (GS); Adami Owns (INTC); Adami Owns (MSFT); Adami Owns (NUE); Adami Owns (BTU); Adami's wife works for (MRK); Finerman's Firm Is Short (IWM); Finerman's Firm Is Short (SPY); Finerman's Firm Is Short (MDY); Finerman's Firm is short (XRT); Finerman's Firm is short (IJR); Finerman's Firm Is Long S&P Puts; Finerman's Firm Is Long Russell 2000 Puts; Finerman's Firm And Finerman Own (AAPL); Finerman's Firm Owns (BAC) Leap, Finerman Owns (BAC); Finerman's Firm Owns (BBY); Finerman's Firm And Finerman Own (BP); Finerman owns (C); Finerman's firm owns (FDO); Finerman owns (GM) leaps; Finerman Owns (GOOG); Finerman's Firm And Finerman Own (HPQ); Finerman's Firm Owns (IBM); Finerman's Firm Owns (JPM), (JPM) Leap; Finerman Owns (JPM); Finerman's firm owns (M); Finerman's Firm And Finerman Own (MSFT); Finerman's firm owns (TGT); Finerman's Firm Owns (WMT); Terranova owns (VRTS); Terranova owns (C); Terranova owns (UPL); Terranova owns (ABT); Terranova owns (MS); Terranova owns (PBR); Terranova owns (BAX); Terranova owns (TEVA); Terranova owns (CVI); Terranova owns (RSX); Terranova owns (SU); Terranova owns (CNQ); Terranova owns (JPM); Terranova owns (PNC); Terranova owns (GS); Terranova owns (USB)

For Joe Terranova
Virtus Investment Partners Owns More Than 1% Of (ABAX)
Virtus Investment Partners Owns More Than 1% Of (AMKR)
Virtus Investment Partners Owns More Than 1% Of (CCG)
Virtus Investment Partners Owns More Than 1% Of (CASS)
Virtus Investment Partners Owns More Than 1% Of (CSVI)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (FCFS)
Virtus Investment Partners Owns More Than 1% Of (KRC)
Virtus Investment Partners Owns More Than 1% Of (LDR)
Virtus Investment Partners Owns More Than 1% Of (LPHI)
Virtus Investment Partners Owns More Than 1% Of (NCRI)
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 (XLE)
Virtus Investment Partners Owns More Than 1% Of (XLF)
Virtus Investment Partners Owns More Than 1% Of (XLI)
Virtus Investment Partners Owns More Than 1% Of (XLK)
Virtus Investment Partners Owns More Than 1% Of (XLU)
Virtus Investment Partners Owns More Than 1% Of (SUBK)
Virtus Investment Partners Owns More Than 1% Of (WDFC)
Virtus Investment Partners Owns More Than 1% Of (YDNT)
Virtus Investment Partners Owns More Than 1% Of (DOM)

For Michael Olson
(ROVI) has been an investment banking client of Piper Jaffray's during the past 12 months
Piper Jaffray has done underwriting for (ROVI)
Piper Jaffray is a market maker in (NFLX), (AAPL), (AKAM), (PCLN), (ROVI)

For Barry Ritholtz
Ritholtz has no disclosures on the financials

For Andrew Busch
Busch has no disclosures

For Scott Nations
Nations has no disclosures on (HAL)

For Carter Worth
Worth has no disclosures

For Rich Ilczyszyn
Ilczyszyn has no disclosures

For Fast Fire/Guy Adami
Adami had no disclosure in (NVDA) on 2/17/2011

For Gerard Cassidy SOT
A member company of RBC Capital Markets or one of its affiliates managed a public offering of (JPM)
A member company of RBC Capital Markets or one of its affiliates received compensation for investment banking services from (JPM) in last twelve months
RBC Capital Markets currently provides (JPM) with non-investment banking securities-related securities
RBC Capital Markets provides non-securities services to (JPM)
RBC Capital Markets has provided (JPM) investment banking services in past 12 months

Comcast Is The Parent Company Of CNBC
Comcast Is The Parent Company Of NBCUniversal
GE Owns 49% Of NBCUniversal
GE Owns 49% Of CNBC