Fast Money Picks For May 5

On CNBC's Fast Money Final Trade, Karen Finerman said that she wants to be in SPDR S&P Biotech (ETF) XBI after visiting the 20th annual Ira Sohn Investment Conference on Monday. Tim Seymour thinks that interest rates are going higher and he recommended a long position in iShares Barclays 20+ Yr Treas.Bond (ETF) TLT. Guy Adami believes that Blackstone Group LP BX is heading towards $47.