Fast Money Trades in Play- AAPL, UPL, APA, GOOG

Published on Friday, 16 July 2010 12:36 Written by Gerard Lerod

New York, July 16th (TradersHuddle.com) - Currently the Fast Money trades are performing with the S&P 500 that is trading lower, with significantly lower by more than 2.3% from its previous close.

Jon Najarian recommended long Apple (NASDAQ:AAPL), and today is the best performer among the Fast Money Final trade recommendations, with the stock trading at $249.06 representing -0.95% versus the previous trading session. Shares of Apple, the maker of iPhones and iPods have defined support at $246.43 and resistance at $262.9.

Joe Terranova suggested long Ultra-Petroleum (NYSE:UPL), and today is trading at $44.6 representing -2.35% from its previous close. Ultra-Petroleum shares have calculated support and resistance levels at $44.1 and $47.7 respectively.

Guy Adami suggested long Apache (NYSE:APA). Apache, is trading at $83.55 or -3% from the previous close. Shares of Apache, the natural gas and oil driller have defined support at $81.94 and resistance at $88.27.

Tim Seymour suggested to buy Google (NASDAQ:GOOG) on weakness given earnings sell-off, Google has been trading near session lows throughout the morning, and is currently trading more than 5% lower than its previous close. Investors will have to wait to see if Tim Seymour's trade plays out and if Google is able to recover from the earnings mishap.