Your First Move For Tuesday December 6th
Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Stephen Weiss suggests getting defensive with a long position in Verizon. “Europe isn’t out of the woods yet,” he says.
Scott Nations shares the concern about Europe. As confirmation of his thesis, Nations says, “The S&P closed up but the Vix closed higher.”
Dan Nathan is bearish broadly. “I’d lighten my load into the EU summit.”
Looking at single stock stories, Tim Seymour recommends longTSU.
Guy Adami suggests long General Mills. “Even though it hit a new all time high, I think it goes even higher,” he says.
Joe Terranova is bullish on True Religion. “Stay with it!”
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Trader disclosure: On Dec 5, 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 is long AAPL; Seymour is long MCD; Seymour is long RIG; Adami owns C; Adami owns GS; Adami owns INTC; Adami owns MSFT; Terranova is long EMC; Terranova is long SU; Terranova is long NCR; Terranova is long UPC; Terranova is long TRLG; Terranova is long VRTS; Terranova is long LQD; Terranova is long MUB; Terranova is long AXP; Terranova is long IBM; Terranova is long HES; Terranova is long CAT; Terranova is long SWN; Terranova is long CNI; Terranova is long DECK; Terranova is long SBUX; Nathan has Dec put fly AAPL; Nathan has Jan put spreads MS; Nathan has Jan call fly NFLX; Nathan has Jan put spreads INTC; Weiss is long QCOM; Weiss is long MOS; Weiss is long EUO; Weiss is long DE; Weiss is long CNX; Weiss is long COP; Weiss is long CSC; Weiss is long VZ; Weiss is long KO; Weiss is long MDRX; Weiss is long SHAW; Nations is long SPY; Nations has long call spreads AMZN; Nations is long MSFT; Gartman is short EUR; Gartman is long X; Gartman is short AMZN; Dicker is long RI
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