Fast Money Picks For August 10th (BUD, SPY, FXA)
On CNBC's Fast Money, Tim Seymour recommended a long position in Anheuser-Busch InBev NV (ADR) (NYSE: BUD). He wants to buy this defensive stock on a pull back. Anheuser-Busch InBev NV (ADR) (BUD) gained 2.90% today, and closed at $52.83.
Steve Grasso thinks that you should not buy anything until S&P 500 holds 1,168 level for a couple of days. SPDR S&P 500 ETF (NYSE: SPY) corresponds to the price performance of S&P 500.
Karen Finerman is a seller of voaltility.
Joe Terranova likes Australian dollar. You can buy CurrencyShares Australian Dollar Trust (NYSE: FXA), if you want to follow Mr. Terranova. CurrencyShares Australian Dollar Trust (FXA) gained 1.64% today, and closed at $103.96.
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