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Your First Move For Tuesday May 24th

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Published: Monday, 23 May 2011 | 6:47 PM ET
Lee Brodie By:

Producer

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

Trader Stephen Weiss recommends long Nustar Energy on reports that the CEO is buying large amounts of his company’s own stock.

Tim Seymour suggests long the Turkey ETF . He thinks lower commodities will be good for Turkey.

Guy Adami reminds the desk that Micron has been trading in a range and says, "I think it holds right here at the lower-end."

Karen Finerman is bullish on Target as a hedge against a global slowdown. "If oil comes in, it's better for their customer," she says.

Joe Terranova thinks the broad market sell-off is nearly over and that it’s time to rotate out of defensive positions. “Sell half in health care,” he says.

Fast Money Final Trade
The Fast Money guys share their final trades of the day.



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Trader disclosure: On May 23, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Terranova owns (XOM); Terranova owns (KSS); Terranova owns (CVI); Terranova owns (OXY); Terranova owns (TM); Terranova owns (BJ); Terranova owns (DIS); Terranova owns (PFE); Terranova owns (V); Terranova owns (HPQ); Terranova owns (FLX); Terranova owns (JPM); Terranova owns (MCD); Terranova owns (PEP); Terranova owns (VRTS); Terranova is short (DELL); Weiss owns (DRR); Weiss owns (UUP); Weiss owns (MRK); Weiss owns (DE); Weiss owns (BRCM); Weiss owns (AKAM); Weiss owns (KO); Weiss owns (ETP); Weiss owns (NS); Weiss owns (COP); Weiss owns DVN); Weiss owns (HK); Weiss owns (NAV); Weiss owns (TEVA); Weiss owns (TWM); Weiss owns (QCOM); Weiss owns (MDRX); Weiss owns (VZ); Weiss owns (HAIN); Weiss owns (MSFT); Weiss is short (X); Weiss is short ( AKS); Weiss is short (SHAW); Finerman and Finerman's firm own (AAPL); Finerman and Finerman's firm own (BP); Finerman and Finerman's Firm own (CMI); Finerman's Firm owns (IBM); Finerman owns (C); FInerman owns (JPM); Finerman's Firm owns (JPM) leaps and (JPM); Finerman's Firm owns (TGT); Finerman owns (UNG); Finerman's Firm is short (IWM), (MDY), (SPY); FInermans firm is long S&P Puts, Russell 2000 Puts; Adami owns (AGU); Adami owns (C); Adami owns (GS); Adami owns (MSFT); Adami owns (NUE); Adami owns (BTU)

For Joe Terranova
Terranova is Chief Market Strategist of Virtus Investment Partners, LTD
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 (IGE)
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 (NRCI)
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 DOMINO'S PIZZA UK & URL PLC
Virtus Investment Partners Owns More Than 1% Of (DRYS)

For Anthony Scaramucci
Skybridge is a Fund of Funds Manager
Funds held May or May not Own the Recommended Securities

For Regis Philbin
Regis Philbin Owns (WYNN)
Regis Philbin Owns (GS)
Regis Philbin Owns (MU)

 Print
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
  Price   Change %Change
MU ---
NS ---
TGT ---
ISH MSCI TURK ---
XLV ---

   
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