3 Stocks That Could Trade Lower

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Steve Grasso said on CNBC's Fast Money that Gap Inc GPS should trade lower. It traded sharply higher on Friday and Grasso would wait three days for the stock to settle before he makes a final decision about selling it. He thinks that Gap is to complicated to analyze, because it has too many brands, with same-store-sales up for one brand and down for two brands.

Brian Kelly believes that Wal-Mart Stores, Inc. WMT is heading lower. He said its chart looks broken and he wants to sell it below $70.

Guy Adami thinks that Sirius XM Holdings Inc. SIRI could trade lower. He explained that the balance sheet looks awful and the stock doesn't seem like it wants to trade higher.

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Posted In: CNBCShort IdeasFast MoneyMediaTrading IdeasBrian KellyGuy AdamiSteve Grasso
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