Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Mike Khouw: “Using short-term calls ahead of JPMorgan’s earnings is a good idea,” he said, adding that Royal Bank of Scotland was also worth a look.
Jon Najarian said, “I like Chico’s right here.”
Guy Adami suggested going long GlaxoSmithKline. “Stay in the pharmaceuticals,” he said.
Keith McCullough said, “I like shorting Bed Bath & Beyond. I think that Williams-Sonoma move today was real, and I think the Bed Bath move is going to be real, too.”
Joe Terranova used an example that coincides with the title of his book, “Buy High, Sell Higher,” in recommending Carnival Cruise Lines. “Finally above the 200-day moving average. Confidence coming back in. Go buy it.”
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Trader disclosure: On Jan. 12, 2011, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders: Terranova is long VRTS; Terranova is long IBM; Terranova is long LQD; Terranova is long CSCO; Terranova is long AXP; Terranova is long NFLX; Terranova is long APC; Terranova is long OXY; Terranova is long TRLG; Terranova is long MUB; Terranova is long SU; Terranova is long EMC; Terranova is long SBUX; Terranova is long DECK; Terranova is long CSX; Terranova is long SJM; Terranova is long XOM; Terranova is long JNPR; Terranova is long PNC Feb. $60 calls; Terranova is long WFC Feb. $29 callsAdami owns C; Adami owns GS; Adami owns MSFT; Adami owns AGU; Adami owns INTC; Adami owns BTU; Adami owns NUE; Najarian owns AAPL; Najarian owns BAC; Najarian owns GS; Najarian owns BCS; Najarian owns TXT; Najarian owns URBN; Najarian owns INTC; Najarian owns CMC; Najarian owns FSLR; Najarian owns WYNN; Najarian owns DHI; Najarian owns LEN; Najarian owns WLT;
For Rich Ilcziszyn
For Russ Girling
For Moshe Orenbuch
I, Moshe Orenbuch, certify that (1) the views expressed in this report accurately reflect my personal views about all of the subject companies and securities and (2) no part of my compensation was, is or will be directly or indirectly related to the specific recommendations or views expressed in this report
For Mike Ryan