Fast Money Picks For June 2nd (TLT, RSX, HK, CVS, DELL, HPQ)

CNBC Fast Money's Brian Kelly said on the show that you can stay long iShares Barclays 20+ Year Treasury Bond (ETF) TLT. He thinks that it will go to $100. iShares Barclays 20+ Year Treasury Bond (ETF) (TLT) gained 0.98% today, and it closed at $97.64. Mike Khouw thinks that you still have the opportunity to hedge with options. Tim Seymour said that Market Vector Russia ETF Trust RSX was defensive today, but it won't be tomorrow. He believes that you should take a short position in this stock. Market Vector Russia ETF Trust (RSX) fell 2.42% today, and it closed at $37.76. Guy Adami wants to buy Petrohawk Energy Corporation HK tomorrow. Petrohawk Energy Corporation (HK) lost 2.08% in the regular trading session, and it added 0.69% in the after hours. Karen Finerman likes CVS Caremark Corporation CVS, and wants to buy it on Thursday. CVS Caremark Corporation (CVS) fell 0.80% today, and closed at $38.38. Joe Terranova suggested that investors should consider a pairs trade. He wants to take a long position in Hewlett-Packard Company HPQ, and a short position in Dell Inc. DELL. Hewlett-Packard Company (HPQ) fell 2.01% today, and Dell Inc. (DELL) lost 3.02%.