The traders on CNBC’s Fast Money discussed trades for Wednesday November 26th
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Tim Seymour would be long the OIH ahead of the OPEC meeting. There is a change that the meeting might result in lower production which will raise oil prices. He thinks the oil service stocks may get a lift.
Brian Kelley would be long the GDX, since he would invest in gold through the gold miners.
Karen Finerman likes Macy’s but she thinks it has run enough, and it is time to take some off the top. She would also take profits in XRT.
Steve Grasso would buy KB Homes, which has dropped a few percentage points and is due for some upside.