Fast Money Picks For July 10

On CNBC's Fast Money, Jon Najarian recommended a long position in Kate Spade & Co KATE. He noticed unusual options activity in the name and he bought call options on Thursday. Brian Kelly would sell iShares Dow Jones Transport. Avg. (ETF) IYT if the Wholesale Inventories report comes out worse than expected. He explained that an increase in inventory means that the goods are not delivered to the stores. Karen Finerman likes JPMorgan Chase & Co. JPM. She already has a long position in the name. Guy Adami thinks that Zillow Group Inc Z is a buy.