The “Fast Money” traders shared their first moves for the market open.
Tim Seymour was a buyer of Tencent
Karen Finerman was a buyer of Alibaba
Brian Kelly was a buyer of the United States Oil Fund
Steve Grasso was a buyer of Canopy Growth
Trader disclosure: On August 23, 2018 the following stocks and commodities mentioned or intended to be mentioned on CNBC’s “Fast Money” were owned by the “Fast Money” traders: Tim Seymour is long AMZA, ACB.TO, APC, APH.TO, BABA, BAC, BIDU, BX, C, CCJ, CLF, CMG, CRON, CSCO, CX, DAL, DPZ, DVYE, EA, EEM, ERJ, EUFN, EWM, FB, FXI, GE, GILD, GM, GOOGL, GWPH, HAL, INTC, JD, LEAF, MAT, MCD, MO, MOS, MPEL, NKE, PAK, PHM, PYPL, RH, RL, SBUX, SQ, T, TIF, TGOD, TLRY, TWTR, UA, UAL, VALE, VIAB, VOD, X, XLE, XRT, YNDX, 700.HK. Tim is short IWM, RACE, SPY. Tim’s firm is long CGC, HEXO.Karen Finerman’s firm is long ANTM, C, CBS, FB, FL, FNAC, GOOG, GOOGL, GLNG, GMLP, JPM, KORS puts, LYV, SPY puts, SPY put spreads, URL, WIFI. Her firm is short IWM. Karen Finerman is long AAL, BAC, BOT Bitcoin, Bitcoin Cash, Ethereum, C, CAT, CBS, DAL, DVYE, DXJ, EEM, EPI, EWW, EWZ, DVYE, FB, FL, GM, GMLP, GLNG, GOOG, GOOGL, JPM, LOW, LYV, KFL, KORS, KORS calls, MA, MTW, SEDG, SPY puts, TACO, WIFI, WFM. Karen Finerman is short KRE, TBT calls. Bitcoin and Ethereum are in her kids’ Trust. Brian Kelly is long AMD, CBOE, CME, GCAP, GS, HIVE, IBM, MCB, MSFT, MU, NVDA, OSTK, ORCL, RHT, SAP, SHG, SHOP, SIVB, SQ, STX, TSM, WU, Bitcoin, Ethereum, Litecoin, Cardano, Bitcoin Cash, Stellar, EOS, STORM. Steve Grasso is long stock AAPL, BABA, CAR, EVGN, GE, JCP, LEN, MJNA, OSTK, PFE, RAD, SNAP, SQ, T, TWTR, VRX. Grasso owns Callable Trigger contingent yield note linked to SPX, RTY, and MXEA. Grasso’s kids own EFA, EFG, EWJ, IJR, SPY, TUR. Grasso’s firm is long stock BGCP, COTY, CTL, CUBA, DIA, F, GE, GLD, GM, GSK, HPQ, IAU, IBM, ICE, KHC, LEN, MAT, MJNA, MSFT, NE, QCOM, QQQ, RIG, SNAP, SNGX, SPY, T, WDR, WHR, XRX, ZNGA.