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Your First Move For Tuesday May 8th

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

Steve Grasso recommends long Macy’s . “Despite trading near its 52-week high, this stock remains a winner,” he says.

Guy Adami suggests longLions Gate. “Looking at the action in this stock, we had an outside reversal to the upside. It’s the first time we’ve seen that in a while.”

Karen Finerman prefers longCascade as an industrial play.

Josh Brown thinks the XBI is a buy. “I’d stay long the bull market in biotech,” he says.

Click here to see other Final Trade posts.

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Trader disclosure: On May 7, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Karen Finerman is long AAPL; Karen Finerman is short AAPL; Karen Finerman is long BAC; Karen Finerman is long JPM; Karen Finerman is long NFLX; Karen Finerman is long WMT; Karen Finerman is long TGT; Karen Finerman is long RIMM; Karen Finerman is long HPQ; Karen Finerman is long DIS; Karen Finerman is short SPY; Karen Finerman is short IWM; Karen Finerman is short MDX; Guy Adami is long C; Guy Adami is long GS; Guy Adami is long INTC; Guy Adami is long AGU; Guy Adami is long MSFT; Guy Adami is long NUE; Guy Adami is long BTU; Steve Grasso is long ASTM; Steve Grasso is long AVAV; Steve Grasso is long BA; Steve Grasso is long D; Steve Grasso is long FRO; Steve Grasso is long LNG; Steve Grasso is long MHY; Steve Grasso is long NUAN; Steve Grasso is long MO; Jon Najarian is long MAKO; Jon Najarian is long RAX; Jon Najarian is long WYNN; Jon Najarian is long call spreads AAPL; Jon Najarian is long call spreads CIEN; Jon Najarian is long call spreads GS; Jon Najarian is long call spreads FFIV; Jon Najarian is long call spreads FIO; Jon Najarian is long call spreads NFLX; Jon Najarian is long call spreads AH; Jon Najarian is long call CIGX; Jon Najarian is long call CBOE; Jon Najarian is long call CME ; Jon Najarian is long call DDMG; Scott Nations is long SPY; Scott Nations is long C; Scott Nations is long BAC; Scott Nations is long HSII

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