Brian Kelly thinks traders could look at Tesoro (TSO) on the long side, despite the stock falling 4% for the week.
Icahn raised his 8.98% stake in Chesapeake Energy (CHK) to 9.98%, and Kelly said it appears natural gas has bottomed. If natural starts being used more in transportation, this is a place to be, he said.
For their final trades, Grasso was a buyer of Cree (CREE) and Brown suggested holding cash and waiting for a better buying opportunity. Nathan said to sell Zillow (Z) and Kelly said to take profits in the ProShares UltraShort 20+ Year Treasury ETF (TBT).
-- Written by Bret Kenwell in Petoskey, Mich.Follow @BretKenwell Follow TheStreet.com on Twitter and become a fan on Facebook.