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Your first look for Tuesday, August 18

The "Fast Money" traders discussed what was on their radar.

Tim Seymour was watching consumer discretionary names such as Macy's and Ralph Lauren.

Steve Grasso had home improvement chain Home Depot topping his watch list.

Dan Nathan said he was looking at oil.

Guy Adami had his eye on the iShares Nasdaq Biotechnology ETF — which he believes could soon see a 10% textbook correction.

Trader disclosure: On August 17, 2015 , the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders: Tim Seymour is long AAPL, T, BAC, DIS, F, GE, GM, GOOGL, INTC, JPM, Tim's firm is long BABA, BIDU, MCD, NKE, NOK, SBUX, YHOO. Dan Nathan is long QQQ sept put, JOY sept calls, TWTR, TWTR sept call spreads, BA sept put spread, COST aug put spread, TJX aug put, SLB aug 28th put spread, MSFT Aug / Nov put spread, GOOGL Sept put spread. Guy Adami is long CELG, EXAS, INTC, Guy Adami's wife, Linda Snow, works at Merck. Steve Grasso is long AAPL, BA, BAC, CC, DD, DECK, EVGN, FIT, KBH, MJNA, MU, PFE, PHM, T, TWTR, GDX. His kids are long EFA, EFG, EWJ, IJR, SPY. His firm and some of its partners are long DVN, AMZN, NE, NEM, OXY, RIG, TSE, VALE