Your First Move For Wednesday August 20th


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

Jeff Macke suggests Costco as a sell. Retail is just too hard, he says .

Guy Adami recommends long Raytheon.

Pete Najarian thinks it’s time to buy some Merrill Lynchputs because the “whole financial thing is starting to look ugly.”

Karen Finerman doesn’t have a stock pick, sorry.


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.

WEEKLY OIL GAUGE: The EIA’s Petroleum Inventory Report comes out Wednesday.

We’ll s see if the oil rally has legs but I don’t think it does, says Guy Adami.


TELECOM TELL? JDS Uniphase, maker of fiber optic cable and telecom infrastructure testing devices, releases quarterly earnings after the bell.

Typically JDS Uniphase has lagged, says Pete Najarian.


VICTORIA’S SECRET EARNINGS: The Limited – parent company of Victoria’s Secret – also has earnings after the close.

The Limited and specialty retail in general has been a good thing to avoid, says Jeff Macke.


AFTER HOURS ACTION: SPECIALTY RETAIL: Citi Trends, Gymboree, Phillips Van Heusen and Hot Topic all come out with earnings after the bell.

None for me, says Karen Finerman. Not a one.


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Trader disclosure: On Aug 19, 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 (C), (AGU), (BTU), (GS), (INTC), (MSFT), (NUE); Macke Is Short (TM); Macke Owns (MSFT), (WMT), (DIS), (CY); Najarian Owns (AAPL) And Is Short (AAPL) Calls; Najarian Owns (CSCO) Call Spread; Finerman Owns (GS); Finerman's Firm And Finerman Own (C) Leap; Finerman's Firm Owns (MSFT), (SUN), (TSO), (VLO); Finerman's Firm Is Short (SPG), (COF), (IYR), (IWM), (IJR), (SPY), (MDY), (BBT)