Fast Money Picks For June 7th (TWM, WYNN, KKR, CHD, TLT, PEP)

On CNBC's Fast Money, Stephen Weiss said that he wants to take a short position in ProShares UltraShort Russell2000 (ETF) TWM. He believes that the market will continue to trade lower, and the small cap stocks will lead the way. ProShares UltraShort Russell2000 (ETF) (TWM) gained 3.14% today, and it closed at $45.69. Dan Nathan said that if you think that Wynn Resorts, Limited WYNN is vulnerable, you should buy puts in this name, and define your risk. Wynn Resorts, Limited (WYNN) fell 1.47% today, and it closed at $141.30. Joe Terranova recommended a long position in KKR & Co. L.P. KKR. He suggested that it is safe to buy this stock, because not all the financials are created the same. KKR & Co. L.P. (KKR) lost 3.19% in the regular trading session, and it gained 0.73% in the after hours. Guy Adami likes Church & Dwight Co., Inc. CHD, because it traded 1% higher on a weak tape. Church & Dwight Co., Inc. (CHD) closed at $40.39, and it had a volume of 480K traded shares. Brian Kelly wants to buy iShares Barclays 20+ Year Treasury Bond (ETF) TLT on Tuesday. iShares Barclays 20+ Year Treasury Bond (ETF) (TLT) fell 0.76%, and it closed at $95.60 today. Pete Najarian is a buyer of PepsiCo, Inc. PEP. He thinks that this stock is going higher. PepsiCo, Inc. (PEP) fell 0.12% today, and it closed at $68.89.