Fast Money Picks For August 10

On CNBC's Fast Money Final Trade, Steve Grasso said that on Monday, it is going to be a third day of trading in Fitbit Inc FIT since a huge decline after earnings. He will be watching how it is going to behave after the open and is the stock able to record higher lows. If he sees signs of stability he is going to start buying. David Seaburg wants to sell NVIDIA Corporation NVDA after the stock spiked 12.37 percent on Friday. He explained that the company has 50 percent exposure to the PC market and although people are looking for a bottom in the PC market, he doesn't believe that the bottom is here yet. Brian Kelly believes that iShares Dow Jones US Home Const. (ETF) ITB. He said that it is resting on a very important trend line. Guy Adami is taking the other side of Seaburg's trade. He is a buyer of the break out in NVIDIA Corporation.
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Posted In: CNBCMediaDavid SeaburgGuy AdamiSteve Grasso
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