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Fast & Furious Trades For Tuesday

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

NOT SARS: There's no question that the swine flu outbreak is affecting some stocks, such as airlines and restaurants but is it a big enough issue to effect the outlook for the global economy?

I'm nonplussed, says Karen Finerman.

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PFIZER EARNINGS: Pfzier reports before the bell; the company is expected to post a profit of 49 cents, a 20% over last year.

A stronger dollar could be a headwind for this company, muses Pete Najarian.

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BUY AIRLINES ON WEAKNESS? Airline stocks are trading significantly lower Monday as swine flu fears continue, should you buy on the weakness?

Stifel Nicolaus Airline Analyst Hunter Keay doesn't see any buys. However, it's not due to swine flu fears, it's because of he doesn't feel the airlines can weild any pricing power.

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JAVA EARNINGS:SunMicrosystems reports Tuesday; Oracle will find out what they agreed to buy last week.

It's worth watching, muses Guy Adami.

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FED MEETING BEGINS: The Fed kicks off a two day policy meeting.

I don't think the Fed meeting is terribly important this time around, muses Karen Finerman.

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IBM SHAREHOLDER MEETING:IBMholds its annual shareholder meeting in Miami Florida.

They're a front runner in the space, says Jeff Macke.



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Trader disclosure: On Apr 27th, 2009, 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 (SDS), (WFC), (AAPL), (GE), (AGN); Finerman's Firm Owns (RIG), (UNH), (TBT), (ELX); Finermans Firm Is Short (IJR), (MDY), (SPY), (IWM), (USO); Finerman's Firm Owns (AXP); Finerman's Firm Owns (BAC) Preferred; Finerman's Firm Owns (C) Preferred; Finerman's Firm Owns(MSFT) & (MSFT) Put Spread; Najarian Owns (BX) Call Spread; Najarian Owns (INTC) Call Spread; Najarian Owns (MS); Najarian Owns (PALM); Najarian Owns (RHT) Calls; Najarian Owns (RIO) Calls; Najarian Owns (XHB) Cal Spread; Najarian Owns (XLB) Call Spread; Najarian Owns (RF); Najarian Owns (HES) Calls; Najarian Owns (CIEN) Call Spread

Stifel expects to receive compensation from (AMR) (CAL) (DAL) (LUV)