The "Fast Money" traders shared their first moves for the market open.

Tim Seymour was a buyer of FedEx on UPS' weakness.

Brian Kelly was a buyer of Freeport-McMoRan as a copper play.

Dan Nathan was a buyer of the Health Care Select Sector SPDR Fund.

Guy Adami was a buyer of Pfizer.

Trader disclosure: On January 31, 2017, the following stocks and commodities mentioned or intended to be mentioned on CNBC's "Fast Money" were owned by the "Fast Money" traders: Guy Adami is long CELG, EXAS, GDX, INTC, Guy Adami's wife, Linda Snow, works at Merck. Brian Kelly is long FCX, Bitcoin, TB. Dan Nathan is long MCD Feb put. XLI long Feb Put Spread, FXI long Feb Put Spread. Tim Seymour is long ABX, APC, AVP, BAC, BBRY, C, CLF, CVX, DO, DVYE, EDC, EWN, EWZ, F, FB, FCX, FXI, GM, GOOGL, GE, INTC, LQD, MOS, MCD, MUR, OIH, PG, RACE, RAI, RH, RL, SINA, SQ,T, TWTR, VALE, VZ, XOM. short: EEM, SPY, XRT. Tim's firm is long ABX, BABA, BIDU, CBD, CLF, EEM, EWZ, F, KO, MCD, MPEL, NKE, PEP, PF, TCEHY, SAVE, SBUX, SINA, VALE, VIAB, WMT, WEN, X, YHOO, short EWG, HYG, IWM.

Loup Ventures Founder Gene Munster owns shares of Apple.