Fast Money Traders Share Their Picks For December
On CNBC's Fast Money, Dan Nathan said he is a seller of Home Depot Inc (NYSE: HD), Lowe's Companies, Inc. (NYSE: LOW) and Wal-Mart Stores, Inc. (NYSE: WMT). He explained that these stock bounced of their lows and they can be sold now.
Brian Kelly said he took some profits in Financial Select Sector SPDR Fund (NYSE: XLF). The Italian referendum is approaching and the event could be risky for the banks. Kelly also bought Market Vectors Gold Miners ETF (NYSE: GDX) and iShares Silver Trust (ETF) (NYSE: SLV). In case of inflation, Market Vectors Gold Miners ETF and iShares Silver Trust (ETF) are going to trade higher.
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