Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.
Dennis Gartman suggests short crude oil as well as short the euro and short Britain’s pound .
Tim Seymour recommends longRio Tinto .
Brian Kelly prefers longCiti .
Karen Finerman is bullish Bank of America ahead of earnings.
Joe Terranova thinks the SMH is a buy. “I think semis are going to do real well on Tuesday,” he says.
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WALL STREET WHALE WATCHING:PART 1
According to StreetInsider.com widely followed investor Bruce Berkowitz raised his stake in AIG to 24.3%, up from a prior stake of of 18.9% and also disclosed a new 11% stake in MBIA, adds Fast Money host Melissa Lee.
What should you make of it?
It seems like a high risk investment, at least on the face of it, says Karen Finerman, but he’s not a dumb guy. It’s bullish – how’s that for expert analysis.
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WALL STREET WHALE WATCHING:PART 2
In a separte post StreetInsider.com also said Greenlight Capital’s David Einhorn has revealed a new 5.2% stake in oil driller Ensco .
What should you make of it?
I think it’s a great international play and away from the Gulf of Mexico, muses Joe Terranova.
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GOLDMAN ADDS UNILEVER TO CONVICTION BUY LIST
In breaking news Fast Money host Melissa Lee reveals that Goldman Sachs has added Unilever to its Conviction Buy List citing 30% potential upside.
What should you like of it?
It’s the classic emerging markets hygiene improvement story, says Tim Seymour.
Click here to see other Final Trade posts.
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Trader disclosure: On July 12, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Finerman's Firm Is Short (IJR); Finerman's Firm Is Short (MDY); Finerman's Firm Is Short (IWM); Finerman's Firm Is Short (SPY); Finerman Owns (AAPL); Finerman's Firm Owns (BAC), (BAC) Leap; Finerman Owns (BAC), (BAC) Preferred; Finerman Owns (GOOG); Finerman's Firm And Finerman Own (HPQ); Finerman's Firm Owns (JPM), (JPM) Leap; Finerman Owns (JPM)l Finerman Owns (WFC) Preferred; Finerman's Firm And Finerman Own (BBY); Terranova owns (GOOG), (AMZN), (MON), (APC), (GMCR), (MYL), (MRVL), (BAC), (ADI), (ADBE), (AKAM), (HES), (CVS), (AXP), (EMC), (ABT); Kelly Is Short (GS); Kelly Owns (BP) Puts; Najarian Owns (INTC) Call Spreads
For Joe Terranova
Terranova works for (VRTS)
Terranova is chief market strategist of Virtus Investment Partners, LTD.
Virtus Investment Partners owns more than 1% of (CASS)
Virtus Investment Partners owns more than 1% of (LDR)
Virtus Investment Partners owns more than 1% of (LPHI)
Virtus Investment Partners owns more than 1% of (MGRC)
Virtus Investment Partners owns more than 1% of (XLB)
Virtus Investment Partners owns more than 1% of (XLP)
Virtus Investment Partners owns more than 1% of (XLY)
Virtus Investment Partners owns more than 1% of (XLI)
Virtus Investment Partners owns more than 1% of (XLK)
Virtus Investment Partners owns more than 1% of (XLU)
Virtus Investment Partners owns more than 1% of (SUBK)
Virtus Investment Partners owns more than 1% of (WDFC)
Virtus Investment Partners owns more than 1% of (YDNT)
Virtus Investment Partners owns more than 1% of (DRYS)
For Brian Kelly
Accounts Managed By Kanundrum Capital Own (GME)
Accounts Managed By Kanundrum Capital Are Long U.S. Dollar
Accounts Managed By Kanundrum Capital Own (SDS)
Accounts Managed By Kanundrum Capital Are Short (BCS)
Accounts Managed By Kanundrum Capital Are Short (EWA)
Accounts Managed By Kanundrum Capital Are Short (EWI)
Accounts Managed By Kanundrum Capital Are Short (FCX)
Accounts Managed By Kanundrum Capital Are Short (FXI)
Accounts Managed By Kanundrum Capital Are Short (KMX)
Accounts Managed By Kanundrum Capital Are Short (NATI)
Accounts Managed By Kanundrum Capital Are Short (RSX)
Accounts Managed By Kanundrum Capital Are Short (USO)
Accounts Managed By Kanundrum Capital Are Short (WYNN)
Accounts Managed By Kanundrum Capital Are Short (XLF)
Accounts Managed By Kanundrum Capital Are Short (XLI)
Accounts Managed By Kanundrum Capital Are Short (XLE)
Accounts Managed By Kanundrum Capital Are Short (RCL)
Accounts Managed By Kanundrum Capital Are Short (CME)
Accounts Managed By Kanundrum Capital Are Short (HIG)
Accounts Managed By Kanundrum Capital Are Short (MET)
Accounts Managed By Kanundrum Capital Are Short (RKH)
Accounts Managed By Kanundrum Capital Are Short (CAT)
Accounts Managed By Kanundrum Capital Are Short (JOYG)
Accounts Managed By Kanundrum Capital Are Short (XLB)
For Kevin Sterling
BB&T Capital Markets Is A Market Maker In (FDX), (UPS)
BB&T Capital Markets Expects To Receive/Seek Investment Banking Compensation From (FDX), (UPS) In Next 3 Months
An Affiliate Of BB&T Capital Markets Received Non-Investment Banking Compensation From (UPS) In Past 12 Months
For Dennis Gartman
Funds Manged By Dennis Gartman Are Short Euro
Funds Manged By Dennis Gartman Are Short Yen
Funds Manged By Dennis Gartman Are Long Gold
Funds Manged By Dennis Gartman Short Crude Oil
Funds Manged By Dennis Gartman Are Long Natural Gas Futures, Natural Gas Trusts
Funds Manged By Dennis Gartman Own (AAPL)
Funds Manged By Dennis Gartman Are Short (GOOG)
Funds Manged By Dennis Gartman Are Short (GS)
For Gene Munster
Piper Jaffray Is A Market Maker In (AAPL)
For Mike Khouw
Cantor Fitzgerald Is A Market Maker In (AMD)
Cantor Fitzgerald Is A Market Maker In (INTC)
For Eric Jackson
Ironfire Capital Owns (MSFT)
Ironfire Capital Owns (GOOG)
Ironfire Capital Owns (AAPL)
Ironfire Capital Is Short (RIMM)
For Gary Shilling
Shilling Is Long U.S. Dollar Against Euro, Australian Dollar
Shilling Is Short Copper
Shilling Is Long 30-Year Treasuries
For Craig Berger
FBR Capital Markets Is A Market Maker Or Liquidity Provider For (INTC)
For Carter Worth
Oppenheimer & Co. Is A Market Maker In (INTC)
NBC Universal Is The Parent Company Of CNBC
