Your First Move For Wednesday Aug. 13th
Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Guy Adami recommends getting long Raytheon
Karen Finerman prefers long Pride
Pete Najarian thinks Cisco is a buy.
Jeff Macke suggest shorting the Retail HLDRS and getting long Wal-Mart.
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But that’s not all. Following are the “Fast & Furious” trades. Yes, now we bring you even more Fast ways to trade tomorrow's market moving events.
TRACTOR TRADE: Earnings for Deere & Co come out Wednesday morning – shares are down more than 20% in the last 3 months with the commodity rollover.
Deere scares me right now, says Guy Adami.
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OIL SUPPLY: The EIA’s petroleum status report is released at 10:35am.
Oil’s been driving the market, says Pete Najarian. It’s a very important number.
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JUICY PROFITS? Liz Claiborne – maker of Juicy Couture and Lucky Brand jeans – comes out with earnings before the bell.
I like the CEO of Liz Claiborne but he has to show some progress, says Jeff Macke.
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MACY’S EARNINGS: The department store also reveals their earnings before the open.
I think the bar is low for Macy's, but the stock has had a big run, says Karen Finerman. I wouldn’t get in right now.
I think the bar is low for Macy's, but the stock has had a big run, says Karen Finerman. I wouldn’t get in right now.
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Trader disclosure: On Aug 12, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Macke Owns (WMT), (COST), (MSFT), (UUP), Macke Is Short (TM); Adami Owns (AGU), (C), (BTU), (GS), (INTC), (NUE), (MSFT); Pete Najarian Owns (AAPL), (NVDA), (TSO), (AMLN), (HD); Pete Najarian Owns (CSCO) Calls; Finerman Owns (GS); Finerman's Firm Owns (GLNG), (JCP), (MSFT), (SUN), (TSO), (VLO); Finerman's Firm Is Short (WB), (XLF), (BBT), (COF), (IYR), (MDY), (SPY), (IWM), (IJR); Finerman's Firm Is Short British Pound; Finerman's Firm And Finerman Own (PDE); Finerman's Firm And Finerman Own (C) Leaps