×

Your First Move For Friday June 5th

graphic_final_trade.jpg

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

Joe Terranova recommends shortCurrencyShares British Pound Ster. Trust .

Tim Seymour suggests long Vimpel-Comm .

Karen Finerman prefers longFLIR. (Click here for more on this trade)

Pete Najarian thinks Elan is a buy.

But that’s not all. Following are the “Fast & Furious” trades. Yes, now we bring you even more Fast ways to trade tomorrow's market moving events.

THE JOBS FRONT: The government releases its jobs report Friday; the unemployment reate is expected to rise to 9.2%. Will it derail this latest rally?

I think the market has more room to run, speculates Tim Seymour.

----------------

WAL-MART MEETING: After being notably absent from Thursday's slew of sales data, Wal-Mart holds its shareholder meeting tomorrow in Arizona, will they make any announcement on sales figures?

I think same store sales is a noisy piece of data, but I like Wal-Mart, says Karen Finerman.

----------------

OIL AT $70?Oil continued its march higher on Thursday. Will it hit $70 on Friday?

Watch Treasury yields, if yields rise I think oil goes north of $70, speculates Joe Terranova.

----------------

BUY PALM BEFORE PRE? Palm will release the much hyped PRE this weekend; but with the stock up 338% year to date, how should you trade the news?

Getting long here sure feels dangerous to me, counsels Pete Najarian.

----------------

GET ON BOARD BOEING? Aviation giant Boeing traded higher Wednesday on a report that United is seeking 150 new planes; should you buy on the news?

Boeing hasn't won the contract yet, reminds Tim Seymour, and the stock is pretty farily valued right now.

______________________________________________________
Got something to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to fastmoney@cnbc.com.

Trader disclosure: On June 4th, 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 (BX) Call Spread; Najarian Owns (DELL) Calls; Najarian Owns (FCX) Call Spread; Najarian Owns (INTC) Call Spread; Najarian Owns (MOS) Call Spread; Najarian Owns (PALM) Calls; Najarian Owns (WNR) Call Spread; Terranova Owns (FCX), (TER), (XBI), (RIMM), (GENZ); Terranova Owns (X) & (X) Calls; Terranova Owns (BRCM) & (BRCM) Calls; Terranova Owns (DIS) Call Spread; Terranova Owns (POT) & (POT) Calls; Terranova Owns (JPM) & (JPM) Calls; Terranova Owns (BTU) & (BTU) Calls; Terranova Owns (MS) & (MS) Calls; Najarian Owns (ELN) & (ELN) Calls; Finerman's Firm Owns (FLIR); Finerman Owns (TBT); Finerman's Firm Owns (AXYS), (NOK), (PBR), (TBT), (RIG), (WMT), (MRO); Finerman's Firm And Finerman Own (BAC) Preferred Shares And Are Short (BAC); Finerman's Firm And Finerman Own (WFC) Preferred Shares, Finerman's Firm Is Short (WFC); Finerman's Firm Is Short (IJR), (MDY), (SPY), (IWM), (USO); Seymour Owns (TTM), (AAPL), (BAC), (BX), (EEM), (FXI), (TSO), (INFY), (MGM), (TIE); Seymour Is Short (NUE); Seymour's Firm owns (MBT)