Fast Money Picks For August 22
Speaking on CNBC's Fast Money Tim Seymour suggested that investors should sell Market Vector Russia ETF Trust (NYSE: RSX). He thinks that the headlines on Russia are not going to be that bad, but the stock gained a lot in the last 10 days. RSX jumped 1.19 percent on Thursday and closed at $25.44.
Jon Najarian bought some salesforce.com(NYSE: CRM) call options. The stock gained 0.58 percent in the regular trading session and it added 0.52 percent after hours.
Karen Finerman reiterated her trade recommendation from Wednesday's show. She wants to buy volatility and she is doing that by purchasing SPDR S&P 500 ETF Trust (NYSE: SPY).
Guy Adami is a buyer of The Gap(NYSE: GPS). He said that the company had a great quarter and he believes that the stock is going to break above its highs from 2013.
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