Fast Money Picks For August 13 - iShares iBoxx $ High Yield Corporate Bond ETF (ARCA:HYG)

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CNBC's Fast Money Final Trade

that he would buy Nokia Corporation (ADR) (NYSE: NOK) on Wednesday. He explained that the company announced very good numbers this week. Nokia closed flat on Tuesday at $7.72.Dan Nathan thinks that Twitter Inc (NYSE: TWTR) could trade higher, close to $50, if the company manages to build on the numbers it reported in Q3. Twitter gained 1.25% today and it closed at $43.81. Karen Finerman is watching Kate Spade & Co (NYSE: KATE) after the stock fell 25.39%. She suggested that investors should buy the stock if it opens lower tomorrow. If it opens higher, let it go, said Karen Finerman.Brian Kelly would sell iShares iBoxx $ High Yield Corp Bond (ETF) (NYSEARCA:HYG). He increased his short position in this ETF on Tuesday. Mr. Kelly explained that $93.50 was a support before the ETF traded lower, but now it is a resistance. HYG fell 0.02% on Tuesday and it closed at $93.41.