We smell Oscar noms!

The very first trailer for David O' Russell's "American Hustle"  (who also directed "Silver Linings Playbook") debuted on ABC News  -- and we can definitely tell there will be Oscar buzz around the A-list cast.

"American Hustle" tells the story of a con artist (Christian Bale) and his partner in crime (Amy Adams) who are forced to work with a federal agent (Bradley Cooper) to turn over other cons, thugs and politicians -- specifically the mayor of Camden, New Jersey.

Bale, Cooper, Adams, Jeremy Renner and Jennifer Lawrence star in the '70s drama -- and the story is believed to be loosely based on the 1970s-1980s ABSCAM scandal.

Check out the trailer above to see Cooper's awesome perm, Bale's mobster mentality and Amy Adams' sexy moves!

What do you think of the new "American Hustle" trailer? Tell toofab in the comment section below!

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