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.
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.
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.
ALL IS WELLS? Wells Fargo to give it's 2009 outlook at noon.
They should be just fine, speculates Jeff Macke.
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.