Fast Money Picks For October 3 - Mobileye NV, Navios Maritime Acquisition Corporation And More

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On
CNBC's Fast Money
, Tim Seymour suggested that viewers should buy
iShares MSCI Emerging Markets Indx (ETF)EEM
. He thinks that it is oversold and he opened a long position on Thursday, but he placed a tight stop loss at $40. EEM gained 0.54 percent and closed at $40.93. Steve Grasso thinks that
Mobileye NVMBLY
is poised to move higher. He owns the stock and he warned the viewers about volatility in this name.
Mobileye NV
gained 3.77 percent on Thursday and it closed at $55. Karen Finerman said that a big hedge fund sold its stake in
Navios Maritime Acquisition CorporationNNA
on Wednesday and the stock got hurt. It rebounded on Thursday, gaining 4.76 percent. She is a buyer of this stock. Dan Nathan thinks that it would be wise for traders to hedge their portfolios. He wants to buy put options in
PowerShares QQQ Trust, Series 1 (ETF) QQQ
.
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Posted In: CNBCFast MoneyMediaTrading IdeasDan NathanKaren FinermanSteve GrassoTim Seymour
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