Following are the “Fast & Furious” trades - hot ways to play tomorrow's market moving events.
JOBS PICTURE: The number of new unemployment claims made last week will be revealed Thursday at 8:30am. The last release showed an severe week-to-week increase, jumping 58,000 to a much higher-than-expected level of 573,000.
I think we’re going to hear a bad number, speculates Karen Finerman. It could be the end of the party.
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LARRY ELLISON'S BEARD: Tech bellwether Oracle comes out with earnings after the bell.
I’ll be listening to Ellison’s comments, says Guy Adami.
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BLACKBERRY OUTLOOK: Another after-hours release, Research In Motion, the BlackBerry maker, puts out its profits Thursday. The big catalyst this quarter: the release of the Storm - RIM's first touchscreen model.
So much negative has been said already, I think the reaction on Thursday could be positive, says Pete Najarian.
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ALL IS WELLS? Wells Fargo to give it's 2009 outlook at noon.
They should be just fine, speculates Jeff Macke.
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BUILDER REPORTS: Homebuilder Lennar - up 15% in the last two days - comes out with earnings Thursday morning.
I don’t expect Lennar will be much better than Hovnanian, which was a disaster, says Guy Adami.
