Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Joe Terranova recommends getting long JP Morgan .
Guy Adami prefers long Celgene .
Karen Finerman thinks Merck is a buy.
Pete Najarian suggests shorting HSBC .
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.
BEAR MARKET? We briefly landed in bear territory with the Dow -- will the S&P dip into bear-range next week?
I think the market dips again, says Pete.
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$150 BY THE 4TH? Is Morgan Stanley right? Will oil reach $150 by Independence Day?
They made an interesting call, says Joe.
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WACKY TRADING? A short week with potentially low volumes could make for some wacky trading.
Yes, expect wackiness, says Karen.
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ANYBODY BUYING? June auto sales will be released on Tuesday.
I think June will be worse, says Guy.
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BOOZE IT UP? In tough times are more folks hitting the bottle? Constellation earnings may give us the answer, out Tuesday before the bell.
I think poor wine sales will drag down Constellation, says Joe.
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JOB MARKET: ADP Employment, Challenger Job-Cut Report, and Monster Employment Index are all coming out Wednesday.
I think it’s the only thing that could save the market, says Guy.
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DEATH & TAXES: Tax preparer H&R Block release earnings after the bell Monday.
I think H&R Block will be the next financial company to give the Street trouble, says Pete.
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SPARE A DOLLAR: After a 44% decline over the last year, will Family Dollar shares be spared by its profit report before the bell Wednesday?
I don’t know what to make of Family Dollar , says Karen.
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DOLLAR DIVE? Will the European Central Bank rate decision send the dollar to new lows?
I think it’s all about the ECB, says Joe.
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Trader disclosure: On June 27, 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), (NUE), (GS), (INTC), (MSFT); Pete Najarian Owns (ANR), (TSO), (XLF); Pete Najarian Owns (AAPL) Calls, (EK) Calls, (QID) Calls, (RIMM) Calls, (YHOO) Calls, (WLT) Calls; Pete Najarian Owns (HRB) Puts, (MER) Puts, (HBC) Puts; Finerman Owns (GS); Finerman's Firm Owns (MSFT), (NYX), (SUN), (TSO), (MRK), (PPH); Finerman's Firm And Finerman Own (C) And (C) Leaps; Finerman's Firm Is Short (SPY), (IYR), (IJR), (MDY), (IWM); Finerman's Firm Is Short SPX Index Puts; Finerman's Firm Owns (VLO) And (VLO) Call Spreads; Terranova Owns (BNI), (CME), (FXC), (LUV), (GOOG), (FCX), (INTC), (IYT), (XLF), (SU), (YHOO); Terranova Owns Dollar Index Futures
Terranova is chief alternatives strategist at Phoenix Investment Partners;; Phoenix Investment Partners Ltd. Owns (RWX), (DBC), (DBV), (IGE), (AAI), (ALK), (AMR,) (APA), BP plc, British Airways plc, (CHK), (CVX), (COP), (CAL), (DAL), ENI SPA, (XOM), Gazprom, (HA), (HES), (HOC), (HSE), (JBLU), Lukoil, (MRO), (MUR), (OXY), Petrobras Intl Fin, Petro-Canada, (PBR), Petroleos De Venezuela, (QAN), (RJET), Royal Dutch Shell plc A Shares, (SKYW), (LUV,) (SU), (TSO), Texaco Capital, Total SA, (UAUA), (LCC), (VLO)
