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Fast Money Recap Final Trade Stock Picks On CNBC 02-02-2016

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Once again, the crude oil price today drove the equities market down today.  Oil traded down 6% today, settling below $30.  Banking sector got hammered today, traders are speculating banks have large exposure to energy debt that may blow up the credit market.  All in all, market was down about 2% today in another !$#%$#% day in 2016.

CNBC FAST MONEY FINAL TRADES 02/02/2016

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Tim Seymour – Buy iShares MSCI Emerging Markets (EEM)

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Steve Grasso – Sell Energy Select Sector SPDR ETF (XLE)

 

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Pete Najarian – Buy GWG Holdings, Inc. (GWGH)

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Guy Adami – Buy U.S. Bancorp (USB)