Fast Money Picks For June 29th (XLF, VALE, F, TLAB)

On CNBC's Fast Money Final Trade, Brian Kelly said that he wants to take a short position in Financial Select Sector SPDR (ETF) XLF. He believes that the yield curve is not as steep as it once was. Financial Select Sector SPDR (ETF) (XLF) fell 0.92% today, and closed at $14.50. Tim Seymour believes that you should short Vale (ADR) VALE, because its CEO, Fabio Barbosa, decided to leave the company. Vale (ADR) (VALE) fell 2.63% today. Ford Motor Company F is Guy Adami's pick for tomorrow, and Joe Terranova is bullish on refiners. Ford (F) dropped 2.98% today. Jon Najarian wants to buy Tellabs, Inc. TLAB on the news that the government will free-up 500 megahertz of spectrum over the next ten years. Tellabs (TLAB) spiked 8.16% today.