Guy Adami said on CNBC's Fast Money that a late rally in iShares Barclays 20+ Yr Treas.Bond (ETF) TLT on Thursday makes a lot of sense, because he believes that yields are going lower. He also believes that there is still some room on the upside for Market Vectors Gold Miners ETF GDX.
Adami also likes the retail space and he was impressed by a move higher in Macy's, Inc. M on Thursday.
Steve Grasso said that American Eagle Outfitters AEO has outperformed in 2016 and he thinks that it is probably going to continue to do so. Grasso would also consider Utilities SPDR (ETF) XLU as a place to hide.
Dan Nathan likes iShares Barclays 20+ Yr Treas.Bond (ETF), Utilities SPDR (ETF) and Verizon Communications Inc. VZ.
Brian Kelly is a buyer of Market Vectors Gold Miners ETF.
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