Fast & Furious Trades: Oil, Nike, Fed Meeting...


Following are the “Fast & Furious” trades. Now we bring you even more Fast ways to trade tomorrow's market moving events.

SAUDI SUNDAY: Saudi Arabia's King Abdullah is calling a gathering of oil producing and consuming nations.

I think they’re going to talk down oil, says Guy Adami.


FED DECISION: Ben Bernanke speaks Wednesday - will he talk Hawk or Dove?

I’m expecting to hear both hawkish and dovish rhetoric, says Pete Najarian.


NIKE EARNINGS: The sneaker giant comes out with earnings after the bell on Wednesday.

I think Nike will beat, says Jeff Macke, but they’re a consumer name in a tough space.


MONSANTO EARNINGS: Also Wednesday, seed stock Monsanto releases earnings before the bell.

I think Monsanto is a sell the news play, says Quint Tataro. Everyone loves the seeds but not me.


TECH EARNINGS: Continuing Wednesday's earnings news, BlackBerry maker RIMM and software giant Oracle could make for some major after hours action.

Be patient and wait for a pull back and then you can buy Research In Motion, says Pete Najarian.


BED, BATH & BEYOND EARNINGS: Pier 1's disastrous numbers this week don't bode well for Bed, Bath & Beyond which reports -- you guessed it -- Wednesday.

Don’t buy dips in Bed, Bath Beyond or the rest of specialty retail, warns Jeff Macke.


BIOTECH BOOST: The Jeffries Healthcare Conference runs from Tuesday to Thursday and will spotlight a string of biotech names.

I think Isis , Celgeneand Genzyme should deliver the best news, says Pete Najarian.

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Trader disclosure: On June 20, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (BTU), (GS), (INTC), (MSFT), (NUE); Macke Owns (INTC), (MSFT), (WMT), (DIS); Najarian Owns (AAPL), (BHI), (CHK), (ENER), (NOK), (TSO), (XLF), (HPQ); Najarian Owns (MER) Puts; Najarian Owns (MYGN) Calls, (SD) Calls; Najarian Owns (HRB) Puts; Quint Tatro Is The Principal Of Tatro Capital; Tatro Owns (C), (DV), (PETS), (STRA), (ESLR), (GLD), (GLW), (GS), (QQQQ), (RIMM), (SDS); Tatro Capital Owns (SLV), (ASTI); Tatro Capital Owns (USO) Puts