Your first trade for Wednesday, February 5

The “Fast Money” traders shared their first moves for the market open.

Chris Verrone was a buyer of GE.

Steve Grasso was a buyer of Shake Shack.

Karen Finerman was a buyer of Simon Property Group. 

Guy Adami was a buyer of Chipotle.

Disclaimer

Trader disclosure: Steve Grasso is long AAPL, ACB, BHC, CAR, EVGN, GE, MSFT, OLN, PFE, SAVE, SHAK, SNAP, T, TSE, WRK Grasso owns Callable Trigger contingent yield note linked to SPX, RTY, and MXEA. Grasso’s kids own EFA, EFG, EWJ, IJR, SPY, TUR. Steve Grasso’s firm is long AVYA, CPB, CUBA, DIA, F, GDX, GE, GLD, GOLD, GSK, HPQ, IAU, IBM, ICE, KHC, MO, MSFT, NEM, NUAN, NYCB, QCOM, QQQ, SLV, SNAP, SNGX, SPCE, SPY, T, TAP, VIAC, VXX, WAB, WDR, WRK. Chris Verrone is long BAC, SLB, ZNGA, HARP, EPZM, PRVL, GOSS, TCDA, SPY, FXI, GLD, IEV. Karen Finerman’s firm is long ANTM, C, CBS, CPRI, FB, FDX, FL, FNAC, GOOG, GOOGL, GLNG, GMLP, HD, JPM, LYV, REZI, RRGB, SPY puts, SPY put spreads, STNG, TBT, TGT, TIF, URI, WIFI, YUMC. Her firm is short HYG, IWM, LQD. Her firm is short TGT calls. Her firm is long DIS call spreads. Karen Finerman is long AAL, AYR/CN BAC, BOT Bitcoin, Bitcoin Cash, Ethereum, C, CAT, CBS, CPRI, DAL, DVYE, DXJ, EEM, EPI, EWW, EWZ, DVYE, FB, FL, GM, GMLP, GLNG, GOOG, GOOGL, JPM, LOW, LYV, KFL, MA, MTW, REAL, REZI, SEDG, TACO, WIFI, WFM, YUMC. Karen Finerman is long FB spread calls. Karen Finerman is long GOOG put spreads. Karen Finerman is long SPY puts. Bitcoin and Ethereum are in her kids’ Trust. Guy Adami is long CELG, EXAS, GDX, INTC. Guy Adami’s wife, Linda Snow, works at Merck.

Source: https://www.cnbc.com/2020/02/05/your-first-trade-for-wednesday-february-5.html

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