WORD ON THE STREET

Whitney Tilson
BP plc (BP) -

Terranova
Gold - Short it for a trade
BP plc (BP) -
Best Buy (BBY) - Owns it

Adami
Gold -
Freeport-McMoRan (FCX) - Take some profits
BP plc (BP) - Long term
BP plc (BP) - Short term could trade back to 34

Jon Najarian
CBOE Volatility S&P 500 (^VIX) -
S&P 500 -
SPDR Gold Shares (GLD) -
Market Vectors Gold Miners ETF (GDX) -
BP plc (BP) -
Best Buy (BBY) - Buy around Labor Day and sell around Black Friday

Colin McGranahan
Best Buy (BBY) -



FOR THE RECORD

Terranova
Refiners -
Murphy Oil (BP) -

Paul Sankey
Occidental Petroleum (OXY) -
Exxon Mobil (XOM) -



BIOTECH TRADE HEATING UP

Mark Schoenebaum
Genzyme (GENZ) -
Human Genome Sciences (HGSI) -



AFTER HOURS ACTION

Brian Kelly
Panera Bread (PNRA) -
Clearwire (CLWR) -
Sprint Nextel (S) -

Steve Grasso
American Tower (AMT) -
Crown Castle International (CCI) -

Jon Najarian
Buffalo Wild Wings (BWLD) -



UNDER THE RADAR: BROADBAND BUILDOUT

Jon Najarian
Windstream (WIN) -



ALERT

Terranova
Broadcom (BRCM) - Going over 40

Jon Najarian
Broadcom (BRCM) -
IBM (IBM) -
SanDisk (SNDK) -



FAST MONEY 360: RADIO SHACK

Worth
RadioShack (RSH) -

Jon Najarian
RadioShack (RSH) -
Best Buy (BBY) - Buy around Labor Day and sell around Black Friday

Michael Pachter
RadioShack (RSH) -



CHRISTMAS IN JULY

Terranova
Apple (AAPL) -

Adami
Electronic Arts (ERTS) -

Jon Najarian
SanDisk (SNDK) -
Activision Blizzard (ATVI) -
DreamWorks Animation (DWA) -

Brian Kelly
Apple (AAPL) -

Steve Grasso
Apple (AAPL) -
SanDisk (SNDK) -



OPTIONS ACTION

Scott Nations
Waste Management (WM) - Buy a Sept 34-35 call spread



FINAL TRADE

Terranova
Medtronic (MDT) -

Adami
Windstream (WIN) -

Jon Najarian
US Bancorp (USB) -

Brian Kelly
United States Natural Gas (UNG) -

Steve Grasso
Peabody Energy (BTU) -