Fast Money Picks For June 7th (TWM, WYNN, KKR, CHD, TLT, PEP)

, Stephen Weiss said that he wants to take a short position in ProShares UltraShort Russell2000 (

)

. He believes that the market will continue to trade lower, and the small cap stocks will lead the way. ProShares UltraShort Russell2000 (

) (

) gained 3.14% today, and it closed at $45.69. Dan Nathan said that if you think that Wynn Resorts, Limited

is vulnerable, you should buy puts in this name, and define your risk. Wynn Resorts, Limited (

) fell 1.47% today, and it closed at $141.30. Joe Terranova recommended a long position in KKR & Co. L.P.

. He suggested that it is safe to buy this stock, because not all the financials are created the same. KKR & Co. L.P. (KKR) lost 3.19% in the regular trading session, and it gained 0.73% in the after hours. Guy Adami likes Church & Dwight Co., Inc.

, because it traded 1% higher on a weak tape. Church & Dwight Co., Inc. (

) closed at $40.39, and it had a volume of 480K traded shares. Brian Kelly wants to buy iShares Barclays 20+ Year Treasury Bond (

)

on Tuesday. iShares Barclays 20+ Year Treasury Bond (

) (

) fell 0.76%, and it closed at $95.60 today. Pete Najarian is a buyer of PepsiCo, Inc.

. He thinks that this stock is going higher. PepsiCo, Inc. (

) fell 0.12% today, and it closed at $68.89.