Your First Move For Friday October 2nd

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

Joe Terranova says, “I’m still a believer in the end of year rally. If you’re looking for a short do not short best of breed. Instead short a name like Garmin.”

Guy Adami says “I would short Abercrombie & Fitch.”

Karen Finerman suggests longClorox. “I like the name and I love the valuation.”

Pete Najarian thinks Teva is a buy. “I’d add to my position under $50.”



Pete Najarian has spotted unusual options activity in the Mylan November 17 calls.

The activity suggests to him Mylan stock could make a sharp move higher. It’s worth noting there’s market speculation that this firm may be a takeover target.



You read that right. The month known for the 1929 crash, Black Monday in 1987 and other mid-autumn market crises is actually very tame, most of the time.

Don’t believe us. See for yourself.

Avg. Monthly % Changes (1950-2008)
Jan 1.3% July 0.8%
Feb -0.1% August 0.1%
March 1.0% Sept -0.5%
April 1.4% Oct 0.9%
May 0.3% Nov 1.7%
June 0.2% Dec 1.7%

Over the past 58 years, on average stocks gain just shy of 1% in October. That’s not so frightening at all.

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Trader disclosure: On October 1, 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), (C), (GS), (INTC), (MSFT), (NUE), (BTU): Finerman's Firm Owns (BAC) Preferred Shares, (BAC), (BAC) Call Spreads: Finerman Owns (BAC) Preferred Shares And (BAC): Finerman's Firm And Finerman Own (WFC) Preferred Shares: Finerman's Firm Owns (DRI), (MSFT), (YUM), (BKC): Finerman's Firm Is Short (CAKE), (TLT), (IJR), (IWM), (SPY), (MDY), (USO), (UNG), (TLT): Terranova Owns (XOM) Calls: Terranova Owns March Sugar Futures: Terranova Owns December Crude Oil Futures: Terranova Owns December Gold Futures: Terranova Is Short (GRMN), (ESS), (CCL), (WYNN): Najarian Owns (ACI) Call Spread: Najarian Owns (C) Calls: Najarian Owns (DELL) Call Spread: Najarian Owns (ERTS) Calls: Najarian Owns (GE) Calls: Najarian Owns (MSFT) And Is Short (MSFT) Calls: Najarian Owns (RIMM) Call Spread: Najarian Owns (ORCL): Najarian Owns (TEVA): Najarian Owns (WFC) Put Spread: Najarian Owns (YHOO) Call Spread

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For Rich Greenfield
Pali Makes A Market In Shares of (CMCSA)
Cortes Owns U.S. Dollar
Cortes Is Short (FXI)