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'Fast Money' Recap: Tweet This

Grasso said he sold his long position in Alcoa (AA) because of the recent fears over slowing global growth. If global growth is being doubted, Alcoa will be doubted, too, he reasoned. 

Grasso also took some profits from T-Mobile USA (TMUS) and Sprint (S) because he believes the overall market is headed lower. 

Jeff Goodman, director of animal law at People for the Ethical Treatment of Animals, was a guest on the show. He said PETA owns shares of SeaWorld Entertainment (SEAS) in order to bring forward proposals for the better treatment of orca whales. He added SeaWorld usually dismisses these proposals since there is nothing legally stopping it from doing so. He suggested that it would be beneficial for SeaWorld to listen to the proposals since the Blackfish documentary really damaged the company's public image. 

For their final trades, Adami is buying SODA and Finerman said don't buy DDD. Grasso is a buyer of Yahoo! (YHOO) and Seymour is buying KO. 

-- Written by Bret Kenwell in Petoskey, Mich.

Follow TheStreet.com on Twitter and become a fan on Facebook.

Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter. Focuses on short-to-intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.
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