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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 IncFCX and
Marathon Oil CorporationMRO are going to continue to trade lower and he owns put options in both of them.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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