The “Fast Money” traders shared their first moves for the market open.
Tim Seymour was a buyer of Cemex.
Brian Kelly was a buyer of Walmart.
Steve Grasso was a buyer of Valeant Pharmaceuticals.
Guy Adami was a buyer of Kroger.
Trader disclosure: On January 2, 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 is long AMZA, APC, BABA, BAC, C, CCJ, CLF, CMG, CSCO, DAL, DPZ, DVYE, EEM, EUFN, EWM, FB, FXI, GE, GILD, GM, GOOGL, HAL, INTC, LOW, M, MAT, MCD, MO, MOS, MPEL, PHM, PYPL, RAI, RH, RL, SBUX, SQ, T, TIF, TWTR, UA, UAL, VALE, VIAB, VOD, VRX, XLE, XRT, 700.HK. Tim is short IWM, RACE, SPY. Brian Kelly is long Bitcoin, Ethereum, Litecoin. Steve Grasso’s firm is long stock AMD, CMG, COTY, CTL, CUBA, DIA, F, GE, GLD, HPQ, IAU, IBM, ICE, M, MAT, MJNA, MSFT, NE, QCOM, RIG, SNAP, SNGX, SPY, T, UA, WDR, ZNGA. Grasso is long stock AAPL, BABA, CAR, EVGN, JCP, MJNA, MON, OSTK, PHM, 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. Guy Adami is long CELG, EXAS, GDX, INTC. Guy Adami’s wife, Linda Snow, works at Merck.