Your First Move For Wednesday October 1st


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

Joe Terranova recommends long First Horizon , State Street and/or BB&T. Or, if banks scare you he says longBiogen .

Karen Finerman prefers long oil services; you could play stocks such as Devon or the ETF Oil Services HLDRs .

Guy Adami thinks Intel looks interesting as well as US Bancorp.

Jeff Macke says, “I still like the dollar , Wal-Mart and the fetal position.”

Words to live by!

But that’s not all. With the market being whipsawed by speculation and negotiations in Washington DC, we turn to Jon Najarian for his thoughts on your first trade for Wednesday.

I’m long Goldman (GS), Morgan Stanley (MS), Bank of America (BAC),JP Morgan (JPM), and Citigroup (C), Najarian tells us. “I bought them on the dip and I’m going to hold them. I don’t think we have had enough of a rip yet to sell them.”

And I’m going to keep an eye on regionals such as Fifth Third (FITB) and KeyCorp (KEY) because they could rebound.

And while we’re at it, unusual options action in Noble (NBL), Jabil Circuit (JBL) and UnitedHealth (UNH) suggest to Jon Najarian that these stocks could go higher.

What do you think? Tell us now!


See other "Fast Money" Final Tradeposts.

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Trader disclosure: On Sept 30, 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), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Macke Owns (MSFT), (UUP), (WMT); Finerman's Firm is short (IYR), (IJR), (SPY), (MDY), (IWM); Finerman's Firm is short (BBT); Finerman's Firm Owns (DELL); Finerman Owns (GS); Finerman's Firm Owns (IMCL) Call Spreads; Finerman's Firm Owns (MSFT)

Terranova Owns (AAPL), (EOG), (FCX), (FTD), (X), (GS), (KOL), (NOV), (POT), (VLO), (YHOO);

Terranova Is Chief Alternatives Strategist Of Virtus Investment Partners, Ltd.; Virtus Investment Partners Owns More Than 1% Of (ABD), (ARE), (BIG), (BRE), (CNTY), (CNW), (CLB), (OFC), (DLM), (DRH), (DLR), (EPR), (ESS), (EXR), (AGM), (FL), (GBL), (GNET), (IGE), (LNET), (MAC), (OIIM), (PSPT), (DBC), (DBV), (SLB), (GWX), (SSYS), (SKT), (UA), (BIV), (VV), (BLV); Virtus Investment Partners Owns More Than 1% Of Goldman Sachs Financial Square Fund - Money Market Fund; Virtus Investment Partners Owns More Than 1% Of Seagate Technology Tax Refund Rights

Terranova Is Co-Portfolio Manager Of The Virtus Diversifier PHOLIO; Virtus Diversifier PHOLIO Owns (IGE), (DBC), (DBV)