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Fast Money Traders Share Stocks They Would Buy In A Declining Market

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Guy Adami said on CNBC's Fast Money that a late rally in iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE: 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 (NYSE: GDX).

Adami also likes the retail space and he was impressed by a move higher in Macy's, Inc. (NYSE: M) on Thursday.

Steve Grasso said that American Eagle Outfitters (NYSE: 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) (NYSE: XLU) as a place to hide.

Dan Nathan likes iShares Barclays 20+ Yr Treas.Bond (ETF), Utilities SPDR (ETF) and Verizon Communications Inc. (NYSE: VZ).

Brian Kelly is a buyer of Market Vectors Gold Miners ETF.

 

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Posted-In: Brian Kelly CNBC Dan Nathan Guy Adami Steve Grasso Fast MoneyMedia Trading Ideas