Fast Money Recap: Strength in Tech

The Dow had its best one-day performance on Tuesday for the month of September by rocketing up 180 points. With the Dow now only off 5% from record levels, the team at CNBC's "Fast Money" looks for the best trade.

Tech stocks persist in outperforming the markets. Pete Najarian says global growth is the reason and likes SAP(SAP Quote). Jeff Macke likes the tech stocks for capital expenditures and the consumer. Guy Adami still loves Hewlett-Packard(HPQ Quote) and he thinks Dell(DELL Quote) has a $30 handle.

All for Oil

Oil traded up 1% as OPEC raised production less than expected. Macke says OPEC doesn't matter anymore and they basically cheat. Karen Finerman wonders if the peak oil theory will become relevant, but until it does she thinks demand for oil will increase.

Najarian says the oil service sector keeps working and he likes Baker Hughes(BHI Quote), Schlumberger(SLB Quote), Halliburton(HAL Quote), National-Oilwell Varco(NOV Quote) and BJ Services(BJS Quote), which he owns.

Word on the Street

McDonald's(MCD Quote) traded higher after reporting blowout August same-store sales. The team seemed to all agree that MCD was a positive play. Macke likes McDonald's off the weak dollar and he recommends owning it now. Adami likes that MCD beat North American comps and Najarian likes that they had strong numbers in Asia. Finerman reiterates that the MCD numbers were strong on every front.

Financial stocks were some of the strongest performers on Tuesday led by Lehman Brothers(LEH Quote). The crew continues their almost daily discussion of Goldman Sachs(GS Quote).