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VALE News & Analysis
Your First Move For Tuesday July 31st
30 Jul 2012 EDT - CNBC.com
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Here’s our Fast Money Final Trade. Our gang gives you tomorrow’s best trades, right now.

Steve Grasso suggests long the XLU. “It works in a down market and in an up market!”Jon Najarian recommends watching MGM closely. “I’ve spotted an unusual amount of put activity,” he says. That could be a bearish bet.Trader Stephanie Link prefers long Vale if you're looking for commodities to advance due to expectations of Fed stimulus.Trader Guy Adami thinks Philips 66 is a buy. He likes the price action into earnings and thinks the momentum continues. (Houston-based Phillips 66 will release its quarterly earnings results for the second quarter — its first as an independently traded company — on Aug. 1 .)

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