Your First Move For Wednesday January 4th
Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Stephen Weiss is a buyer of Chesapeake . “The CEO is paying down debt and diversifying,” he explains
Joe Terranova suggests longCSX . “If you believe oil is going higher, own the rails," Terranoav says.
Karen Finerman says put the Timken Company on your radar. “I like it but I would not buy it tomorrow,” she adds.
Tim Seymour recommends longGold Fields. “If you like the miners, GFI should have room to $17.50,” he says.
Guy Adami prefers longUnited Healthcare.
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Trader disclosure: On Jan. 3, 2013, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders: Adami is long (C), (GS), (INTC), (BTU), (AGU), (MSFT), (NUE); Seymour is long (INTC), (BAC); Terranova is long (VRTS), (IBM), (LQD), (MUB), (EMC), (CSCO), (AXP), (SBUX), (CSX), (APC), (OXY), (XOM), (TRLG), (SWN), (V), (SU); Finerman is long (AAPL), (BAC), (JPM), (GOOG); Weiss is long (CHK), (KO), (RIMM), (QCOM), (GM), (EUO), (HPQ), (VZ), (BRCM), (AMLP), (NS); Weiss is short (FXA)
Karen Finerman, Metropolitan Capital
Fund is long (AAPL)
Fund is long (JPM)
Fund is long (IBM)
Fund is long (CF)
Fund is long S&P 500 puts
Fund is long (IWM) Puts
Fund is short (SPY)
Mike Khouw, Cantor Fitzgerald
Mary Ann Bartels, Bank of America Merrill Lynch
George Goncalves, Nomura Securities
11 Liquidity provider
Nomura International plc and/or its affiliates (collectively "Nomura") is a primary dealer and/or liquidity provider in European, United States and Japanese government bonds. As such, Nomura will generally always hold positions in these bonds, which from time to time, may be considered a significant financial interest.
Jim Iuorio, TJM Institutional Services
Has positions in (VXX) and (TBT) ETF
Tavis McCourt, Morgan Keegan
Firm makes market in AAPL, RIMM shares
Pavel Molchanov, Raymond James
Firm expects to receive or seek investment banking services from BP in the next 12 months