Your First Move For Friday August 1st


Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.

Jeff Macke recommends staying away from Elan .

Guy Adami prefers getting long Celgene .

Tim Seymour suggests long Freeport McMoRan .

Karen Finerman’s play is to shortBB&T .

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.

GOTTA GET A J.O.B: The Bureau of Labor Statistics unemployment figures will be released at 8:30am.

If the number is in-line I think the market will take-off, says Tim Seymour. A lot of bad news is already priced in.


BIG BOARD BUY? NYSE Euronext's earnings come out before the bell.

I’m not terribly bullish on NYSE , says Guy Adami.


YAHOO POW-WOW: Will Yahoo lay out a plan to satisfy its many angry shareholders?

If Yahoo! says anything Friday that makes their stock a buy I’d be very surprised, says Jeff Macke.


BLEACH THE BEAR: Clorox - outperforming the market for the last month - has earnings ahead of the open.

I’m hopeful that Clorox will put out good numbers, says Karen Finerman.


ANOTHER OIL SPILL? Will Chevron follow Exxon's lead and come up short Friday morning when it reports quarterly profits?

I expect Chevron’s numbers will be hurt by refining margins, says Tim Seymour.


CRASH AND BURN? U.S vehicle sales for the month of July will be released Friday.

Who bought a car during the month of July, asks Guy Adami.


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Trader disclosure: On July 31, 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 (EMC), (DIS), (ATVID), (MSFT); Adami Owns (C), (AGU), (BTU), (GS), (INTC), (MSFT), (NUE); Finerman Owns (GS); Finerman's Firm Owns (MSFT), (SUN), (TSO), (TYC), (VLO), (RIG), (UFS); Finerman's Firm And Finerman Own (C) Leaps; Finerman's Firm Is Short (XLF), (BBT), (IYR), (IJR), (MDY), (SPY), (IWM), (COF); Seymour Owns (AAPL), (CSCO), (F), (MER), (MSFT), (INTC); Seygem Asset Management Owns (VIP), Gazprom; Seygem Asset Management Is Short (RSX)