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Your First Move For Tuesday December 29th

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

Pete Najarian suggests longAkami .

Steve Grasso likes longDevon Energy, which he says is above it’s 200-day moving average. “Fill in the gap up to $80.”

Steve Cortes prefers long General Dynamics because “it’s a dangerous world.”

Joe Terranova says 3M is a buy. “It made a 52-week high on Monday but I don’t think it’s the last one for this year.”

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GAMING CASE SHILLER

With the Case Shiller 20-city home price index expected to show home prices rising for a 6th straight month, how should you trade?

I’m short homebuilders; I sold Toll and Pulte against the S&P reveals Steve Cortes. Forget pricing, I think the homebuilder trade is all about inventories and I expect it to take years for the inventories to work off. As a result I think the recent pop is a short opportunity.

Click here to see other Final Trade posts.

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Trader disclosure: On Dec. 28th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders

For Steve Grasso:
Grasso owns (AAPL)
Grasso Owns (BAC)
Grasso Owns (C)
Grasso Owns (CSCO)
Grasso Owns (PFE)
Grasso Owns (WMT)
Grasso Owns (V)
Stuart Frankel is Short (QQQQ)

For Steve Cortes:
Cortes Owns (GD)
Cortes Is Short (TOL)
Cortes Is Short (PHM)
Cortes Owns (SPX)
Cortes Owns US Dollar
Cortes Is Short Gold

For Pete Najarian:
Najarian Owns (LLTC) calls
Najarian Owns (MS) & Short (MS) Calls
Najarian Owns (PFE)
Najarian Owns (STEC) Call Spread

For Joe Terranova:
Terranova Works For (VRTS)
Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.

For Jeff Harte:
Sandler O'Neill Has Received Compensation from (C)
(C) Is A Client Of Sandler O'Neill

For Steve Levenson
Stifel, Nicolaus & Company, Inc. makes a market in the securities of (ALOG)
Stifel, Nicolaus & Company, Inc. expects to receive or intends to seek
compensation from (ALOG)
Stifel, Nicolaus & Company, Inc. makes a market in the securities of (ASEI)
Stifel, Nicolaus & Company, Inc. expects to receive or intends to seek
compensation from (ASEI)

For Tom Lydon
Lydon's Clients Own Shares of (TIP)
Lydon's Clients Owns Shares of (VWO)
Lydon's Clients Own Shares of (EEM)
Lydon's Clients Owns Shares of (GLD)

For Heath Terry
FBRCM acts as a market maker in (ATVI)
FBRCM acts as a market maker in (ERTS)
FBRCM acts as a market maker in (THQI)
FBRCM acts as a market maker in (TTWO)