Fast Money Picks For August 11th (AAPL, GLD, IBM, DIS, FXY)

On CNBC's Fast Money, JJ Kinahan said that he would sell puts in Apple AAPL. He thinks that $300 strike would be a good choice. Apple (AAPL) fell 2.76% today, and closed at $363.69. Dan Nathan wants to collar SPDR Gold Trust (ETF) GLD long positions. SPDR Gold Trust (ETF) GLD gained 3.54% today, and closed at $174.58. Tim Seymour likes miners, and Dennis Gartman thinks that you should short yen. For the yen trade, you can take a look at CurrencyShares Japanese Yen Trust FXY. Brian Stutland believes that International Business Machines Corp. IBM is a buy. International Business Machines Corp. (IBM) lost 4.73% today, and closed at $162.54. Karen Finerman wants to buy The Walt Disney Company DIS tomorrow. The Walt Disney Company (DIS) fell 9.11% today, and it closed at $31.54.
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Posted In: CNBCLong IdeasSector ETFsShort IdeasFast MoneyCurrency ETFsMediaTrading IdeasETFsBrian StutlandComputer HardwareConsumer DiscretionaryDan NathanInformation TechnologyJJ KinahanKaren FinermanMovies & EntertainmentTim Seymour
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