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"Fast Money" for Wednesday


Wednesday’s Picks
Here’s our Fast Money final trade. Our gang gives you tomorrow’s best trade, right now!

Jeff Macke says short the Dow with Short Dow30 ProShares (DOG) $62.51

Guy Adami likes AT&T (T)$39.16

Karen Finerman says long SPDR (SPY) $138.91 and short iShares Russell 2000 Index (IWM)$70.02

Pete Najarian recommends owning puts in Countrywide Financial (CFC). $5.37

Tuesday’s Results
Jeff Macke recommends getting long Starbucks (SBUX) on the news that Howard Schultz is returning as CEO. $18.38 Close $20.00 GAIN

Guy Adami likes Johnson & Johnson(JNJ) $66.86 for valuations. Close $66.94 GAIN

Karen Finerman prefers Comcast (CMCSA) $17.0 Close $16.62 LOSS

Pete Najarian thinks Millennium Pharmaceuticals is a buy (MLNM) $14.84 Close $15.21 GAIN

2008 Records:
Brian Schaeffer= 0-1
Carter Worth= 0-1
Jon Najarian= 3-1
Jeff Macke= 3-1
Tim Seymore= 1-1
Guy Adami= 2-2
Pete Najarian= 1-1
Karen Finerman= 0-1
2007 Results (Since 6/21):
Guy Adami= 58-46 = 56%
Jeff Macke= 60-40 = 60%
Pete Najarian= 49-41 = 54%
Karen Finerman= 40-30 = 57%

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