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Your First Move For Thursday, Oct. 6

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Published: Wednesday, 5 Oct 2011 | 9:33 PM ET
By:

Producer

Yet another day of trading is fast approaching, but before you make any moves, see how the "Fast Money" traders plan to tackle Thursday, Oct. 6.

BRIAN KELLY, co-founder of Shelter Harbor Capital: Same-store sales data will be released on Thursday. If it's good news, he would buy Amazon.com.

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

BRIAN STUTLAND, founder of Stutland Equities: Should the S&P 500 index head to the 1,150 level, he would add some put protection and protect to the downside.

STEPHEN L. WEISS, co-founder of Short Hills Capital: WellPoint, a health care plan provider, is repurchasing a considerable amount of stock. Weiss likes the buyback, adding WLP has great valuation.

GUY ADAMI, managing partner at Drakon Capital: "Ride that Yahoo! train," Adami said, referring to the rumors the Internet company may be a takeover target. (RELATED: How Pros Are Trading Buzz About a Microsoft Bid for Yahoo)

KAREN FINERMAN, president of Metropolitan Capital Advisors: Ride the Yahoo! train, but also sell some out-of-the-money calls against it.

JOE TERRANOVA, chief market strategist at Drakon Capital: Buy Freeport-McMoRan .

Click here to see other Final Trade posts

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Here's how the "Fast Money" traders play to approach yet another day of trading.
  Price   Change %Change
S&P 500 ---
AMZN ---
FCX ---
WLP ---
YHOO ---

   
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