Fast & Furious Trades For Wednesday


Following are the “Fast & Furious” trades - hot ways to play tomorrow's market moving events.

ENERGY IN FOCUS: The spotlight will be on energy Wednesday with the weekly crude inventory data; also Goldman Sachs kicks of its energy conference in NYC.

Start to look for consolation in the sector, counsels Pete Najarian.


DECEMBER SALES: The government reports its December retail sales figures, economists are expecting the a drop of 1.2% up from November's drop of 1.8%.

I don’t think the numbers are terribly relevant, says Karen Finerman.


ECONOMIC ACTIVITY: We’ll get a reading of regional economic activity with the release of the Fed's Beige Book.

Come one, bristles Guy Adami.


LITTLE BLUE BOX: High-end retailer Tiffany holds its sales analyst sales call.

I expect the numbers to be terrible but they’re probably baked into the cake, says Tim Seymour.

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Trader disclosure: On Jan 13, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Najarian Owns (CSCO) Stock; Najarian Owns (CSCO) Short Calls; Najarian Owns (MSFT) Stock; Najarian Owns (MSFT) Short Calls; Najarian Owns (DNA) Calls; Najarian Owns (XME) Calls; Najarian Owns (NVLS) Calls; Najarian Own (NVDA) Calls; Najarian Owns (MS); Najarian Owns (MS) Short Calls; Najarian Owns (MS) Put Spread; Adami Owns (AGU), (C), (BTU), (GS), (INTC), (MSFT), (NUE); Seymour Owns (BAC), (EEM), (F), (INFY), (EDC); Seymour's Firm is Short (PBR); Finerman's Firm Owns (AEO), (MSFT), (DNA); Finerman's Firm Owns (MSFT) Put Spreads; Finerman's Firm Owns (DNA) call spreads; Finerman's Firm Is Short (IYR), (IJR), (IWM), (MDY), (SPY), (USO), (ANF), (DSX)