Fast Money Traders Share Their Trading Ideas For A Declining Market

Tim Seymour said on CNBC's Fast Money that the small caps remain a problem and he is using iShares Russell 2000 Index (ETF) IWM as a way to hedge his portfolio. He added that iShares Dow Jones US Telecom (ETF) IYZ and Utilities SPDR (ETF) XLU are going to continue to outperform. Brian Kelly thinks that iShares Barclays 20+ Yr Treas.Bond (ETF) TLT should trade higher. Pete Najarian believes that Freeport-McMoRan Inc FCX and Marathon Oil Corporation MRO are going to continue to trade lower and he owns put options in both of them.