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Your First Move For Thursday August 9th

Wednesday, 8 Aug 2012 | 3:38 PM ET

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

Steve Grasso, director of institutional sales trading at Stuart Frankel, recommends long Abercrombie with a $29 stop.

Anthony Scaramucci, managing parting of SkyBridge Capital, suggests longVerizon .

Jon Najarian, co-founder OptionMonster.com, prefers long Starwood .

Joe Terranova, chief market strategist for Virtus, says he’s reduced his long exposure to the mini S&P’s.

FMHR Final Trade
The FMHR traders off their final trades.

Click here to see other Final Trade posts.

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Trader disclosure: On August 8, 2012, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Joe Terranova is long VRTS; Joe Terranova is long MCD; Joe Terranova is long USB; Joe Terranova is long GS; Joe Terranova is long JPM; Joe Terranova is long YHOO; Joe Terranova is long SBUX; Joe Terranova is long WFM; Joe Terranova is long AAPL; Joe Terranova is long NXPI; Joe Terranova is long EMC; Steve Grasso is long HPQ; Steve Grasso is long MU; Steve Grasso is long DD; Steve Grasso is long ZNGA; Steve Grasso is long MSFT; Anthony Scaramucci is long AAPL; Anthony Scaramucci is long C; Anthony Scaramucci is long JPM; Anthony Scaramucci is long GS; Anthony Scaramucci is long WMT; Jon Najarian is long call spreads in GMCR; Jon Najarian is long call spreads in OCN; Jon Najarian is long call spreads in SBUX; Jon Najarian is long call spreads in YELP; Jon Najarian is long call spreads in MON; Jon Najarian is long put spreads in HPQ; Jon Najarian is long put spreads in KCG; Jon Najarian is long CME; Jon Najarian is long CBOE; Jon Najarian is long CIGX; Jon Najarian is long GLUU

For Dennis Gartman
Dennis Gartman is long Gold in yen Terms

For Toni Sacconaghi
Bernstein currently makes a market in the following companies AAPL
Toni Sacconaghi maintains a long position in Seagate Technology STX

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  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

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  • Guy Adami is a contributor on CNBC's "Fast Money." He also is managing director of stockMONSTER.com.

  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

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