The “Solid Money” traders shared their first moves for the market open.
Dan Nathan was a seller of the VanEck Vectors Semiconductor ETF.
Karen Finerman was a seller of Bank of America.
Steve Grasso was a consumer of Snapchat.
Guy Adami was a buyer of Schlumberger.
Disclosure
Trader disclosure: Dan is Long TLT Dec call spread. XLP Nov put spread. SMH Nov put spread. Karen Finerman’s set up is long ANTM, C, CBS, CPRI, FB, FDX, FL, FNAC, GOOG, GOOGL, GLNG, GMLP, HD, JPM, LYV, REZI, RRGB, SPY puts, SPY put spreads, TBT, TGT, URI, WIFI. Her cartel is short HYG, IWM, LQD. Her firm is short TGT calls. 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, Genuine, REZI, SEDG, TACO, WIFI, WFM. Karen Finerman is long FB spread calls. Karen Finerman is long GOOG put spreads. Karen Finerman is covet SPY puts. Bitcoin and Ethereum are in her kids’ Trust. Steve Grasso is long AAPL, BHC, CAR, EVGN, GE, LEN, MSFT, OLN, PFE, SAVE, T, TSE, WRK Grasso owns Callable Trigger contingent cede note linked to SPX, RTY, and MXEA. Grasso’s kids own EFA, EFG, EWJ, IJR, SPY, TUR. Steve Grasso’s firm is long BA, BIOS, COUP, CPB, CUBA, CXO, DIA, F, GDX, GE, GLD, GOLD, GSK, HPQ, IAU, IBM, ICE, KHC, MO, MSFT, NEM, NYCB, QCOM, QQQ, Ignore, SNGX, SPY, SQQQ, T, TAP, VER, WAB, WDR, WRK. Guy Adami is long CELG, EXAS, GDX, INTC. Guy Adami’s wife, Linda Snow, works at Merck.