Your First Move For Wednesday August 26th
Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Joe Terranova says, “if we get a hurricane that goes east of Louisiana play it with sugar; get long Imperial Sugar.”
Guy Adami suggests shorting the OIH, “if oil has in fact reversed, which I think it has.”
Pete Najarian thinks KLA-Tencor is a buy due to unusual options activity.
Steve Cortes doesn't have a stock pick, sorry.
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WHO MADE THE MOST MONEY TODAY?
The top spot today goes to Eddie Lampert. The founder of ESL investments made a whopping $90 million today on his investment in AutoNation after the stock "popped" 6%!
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Trader disclosure: On Aug. 25th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Terranova Owns (AMZN), (MSFT); Terranova Owns (CCL) Puts; Terranova Is Short (SHLD), (EES); Adami Owns (AGU), (C), (GS), (INTC), (BTU), (MSFT), (NUE); Cortes Owns (SPX), (GS); Cortes Is Short Nasdaq 100; Najarian Owns (BAC); Najarian Owns (BUCY) & Short (BUCY) Calls; Najarian Owns (C) Calls; Najarian Owns (FCX), Is Short (FCX) Calls, Owns (FCX) Puts; Najarian Owns (INTC) Calls; Najarian Owns (JPM) & Short (JPM) Calls; Najarian Owns (MS) And Is Short (MS) Calls; Najarian Owns (MSFT) And Is Short (MSFT) Calls; Najarian Owns (PALM) Call Spread; Najarian Owns (TEVA); Najarian Owns (V) & Short (V) Calls; Najarian Owns (YHOO) Call Spread; Najarian Owns (XHB) Call Spread