'Fast Money' Picks For February 8

James McDonald, founder and CEO of Hercules Investments, said on CNBC's "Fast Money Final Trade" that ProShares Ultra VIX Short Term Futures ETF UVXY will get another big pop in the next couple of weeks. It is holding at $10 and it had a 50% pop last week.

Karen Finerman is a buyer of General Motors Company GM ahead of earnings.

Bonawyn Eison advised viewers to buy SPDR S&P 500 ETF Trust SPY.

Steve Grasso wants to buy Alussa Energy Acquisition Corp ALUS.