Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.Joe Terranova suggests long UPL as a bullish bet on oil and nat gas. Dennis Gartman is a buyer of soybeans , wheat and corn and seller of the euro against them."I think the euro is a doomed currency," says Gartman. "I think it trades to parity and ultimately breaks apart into two currencies."Pete Najairn is bullish DuPont. "It continues to go higher and is a play on strength in both chemicals and ag."--------------
POWER RANKINGS: TOP COMMODITIES
Take a look at Tuesday’s power rankings- the top performing commodities of the year. Performance YTDPalladium ^92%Cotton ^92%Silver ^80%Coffee ^76%Lumber ^53%What’s the trade?In the metals space, my favorite play is long copper , says Brian Kelly. I think the new physically backed ETFs will generate a shortage of copper.
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Trader disclosure: On December 28th, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s "Fast Money" were owned by the "Fast Money" traders; Funds Managed By Dennis Gartman Own Gold; Funds Managed By Dennis Gartman Own Wheat; Funds Managed By Dennis Gartman Own Soybeans; Funds Managed By Dennis Gartman Own Crude Oil; Funds Managed By Dennis Gartman Are Short Euro; Funds Managed By Dennis Gartman Own (NSC); Funds Managed By Dennis Gartman Own (MOS); Funds Managed By Dennis Gartman Own (RJA); Funds Managed By Dennis Gartman Own (SWC); Funds Managed By Dennis Gartman Are Short (DB); Terranova owns (UPL), (C), (PEP), (VRTS), (OXY), (GS); Pete Najarian owns (BBY) calls; Pete Najarian owns (C) stock; Pete Najarian owns (F) bonds; Pete Najarian owns (GE); Pete Najarian owns (MSFT) call spreads; Pete Najarian owns (MS); Pete Najarian owns (NKE) call spreads; Pete Najarian owns (PFE); Pete Najarian owns (RSX)
JOE TERRANOVATerranova is Chief Market Strategist of Virtus Investment Partners, LTDVirtus Investment Partners Owns More Than 1% Of (ABAX)Virtus Investment Partners Owns More Than 1% Of (ALK)Virtus Investment Partners Owns More Than 1% Of (AMKR)Virtus Investment Partners Owns More Than 1% Of (CCG)Virtus Investment Partners Owns More Than 1% Of (CASS)Virtus Investment Partners Owns More Than 1% Of (CSVI)Virtus Investment Partners Owns More Than 1% Of (EPR)Virtus Investment Partners Owns More Than 1% Of (EXR)Virtus Investment Partners Owns More Than 1% Of (FCFS)Virtus Investment Partners Owns More Than 1% Of (IGE)Virtus Investment Partners Owns More Than 1% Of (KRC)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 (NRCI)Virtus Investment Partners Owns More Than 1% Of (DBV)Virtus Investment Partners Owns More Than 1% Of (XLB)Virtus Investment Partners Owns More Than 1% Of (XLV)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 (XLE)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 (CLB)Virtus Investment Partners Owns More Than 1% Of (DRYS)TODD GORDONGordon is long U.S. Treasuries
BRIAN KELLYAccounts Managed by Kanundrum Capital Own (ANDE)Accounts Managed by Kanundrum Capital Own (BG) callsAccounts Managed by Kanundrum Capital Own (DE) call spreadsAccounts Managed by Kanundrum Capital Own (JJG)Accounts Managed by Kanundrum Capital Own (JJC)Accounts Managed by Kanundrum Capital Own (GLD)Accounts Managed by Kanundrum Capital Own (GDXJ) callsAccounts Managed by Kanundrum Capital Own (TBT)Accounts Managed by Kanundrum Capital Own USDAccounts Managed by Kanundrum Capital Own (BBT)Accounts Managed by Kanundrum Capital Own (FCX)Accounts Managed by Kanundrum Capital Own (SLV)Accounts Managed by Kanundrum Capital Own (MCP)Accounts Managed by Kanundrum Capital Own (LYC)Accounts Managed by Kanundrum Capital Own (AU)Accounts Managed by Kanundrum Capital Are Short the EuroAccounts Managed by Kanundrum Capital Are Short the YenAccounts Managed By Kanundrum Capital Own (MCP) and (MCP) put spreads
JEFF HARTESandler O'Neill Has Received Investment Banking Compensation From (BAC), (C), (JPM) In Past 12 MonthSandler O'Neill Expects To Receive/Seek Investment Banking Compensation From (BAC), (BK), (C), (JEF), (JPM), (NTRS) In Next 3 MonthsSandler O'Neill Has Received Non-Investment Banking Compensation From (BAC), (C), (GS), (JPM), (MS), (NTRS)(BAC), (BK), (C), (GS), (JPM), (MS), (NTRS) Is A Client Of Sandler O'Neill (Non-Investment Banking Securities-Related Services)(BAC), (C), (JPM) Was An Investment Banking Client Of Sandler O'NeillSandler O'Neill Is A Market Maker In (NTRS)PETER BOOCKVARBoockvar Is Long Commodities Through ETFsBoockvar Is Short Treasuries Through ETFsANTHONY SCARAMUCCI SOTSkybridge Capital Owned (RAI) on 6/16/2010JOSH BROWNBrown And His Clients Own (MOO), (DBA)SCOTT NATIONSScott Nations has no disclosuresGE is the parent company of CNBCNBC Universal is the parent company of CNBC
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