Fast Money Traders Share Their Picks For The Rallying Market

On CNBC's "Fast Money", Brian Kelly said that he would buy stocks if the market breaks out on the upside. He wants to wait for the market to prove itself first.

If the breakout happens, he is going to buy SPDR KBW Regional Banking (ETF) KRE and PowerShares QQQ Trust, Series 1 (ETF) QQQ.

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Tim Seymour thinks it would be a good idea to buy Financial Select Sector SPDR Fund XLF, SPDR S&P Retail (ETF) XRT and Technology Select Sector SPDR Fund XLK.

David Seaburg believes that Financial Select Sector SPDR Fund is oversold and he wants to initiate a long-term long position.