Fast Money Picks For January 16

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On CNBC's Fast Money
, Brian Kelly suggested to the viewers to consider a purchase of put options in
SPDR S&P 500 ETF TrustSPY
, but not if the market opens significantly lower. Tim Seymour and Steve Grasso would buy
Best Buy Co IncBBY
on Friday. Grasso added that it needs to hold $33.17, which was the low on Thursday. Guy Adami thinks that gold is going higher and he wants to buy
Newmont Mining CorpNEM
.
Posted In: CNBCMediaBrian KellyGuy AdamiSteve GrassoTim Seymour
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