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NEW YORK (TheStreet) -- The S&P 500 slid once again on Tuesday, closing down 0.58%. The Russell 2000 fell 0.94%. 

Brian Kelly, founder of Brian Kelly Capital, said it is too early for investors to say the "top" is in for the stock market. The Alibaba (BABA) - Get Alibaba Group Holding Ltd. Report  initial public offering doesn't seem like a bubble either because the company is highly profitable, unlike many other bull-market tops that had highly valued, unprofitable companies going public at the time. 

Kelly also said the price action of the Russell 2000 concerns him because the companies in the index should be benefiting from the stronger U.S. dollar. However, the index continues to struggle. 

Dan Nathan, co-founder and editor of, reminded investors the Alibaba IPO went very well, up 38% in the first day, so its pullback shouldn't be surprising. He added that a pullback to 1,900 in the S&P 500 would be healthy while not doing too much damage. 

Guy Adami, managing director of, said he doesn't think Apple (AAPL) - Get Apple Inc. Report  will decline to his previous target of $88 anytime soon. The iShares Russell 2000 ETF (IWM) - Get iShares Russell 2000 ETF Report seems like it will decline to $108 as the iShares 20+ Year Treasury Bond ETF (TLT) - Get iShares 20+ Year Treasury Bond ETF Report continues to rally. 

Karen Finerman, president of Metropolitan Capital Advisors, said large-cap stocks are still likely to outperform small-cap stocks. It's surprising how well Amazon (AMZN) - Get, Inc. Report continues to trade despite the introduction of Alibaba, which is far more profitable that Amazon. 

Adami said the selloff in shares of Yahoo! (YHOO) seems "overdone." 

Edward Mills, senior financial policy analyst at FBR Capital Markets, said the U.S. government is making it harder and less attractive for companies to do tax inversions, or buying a foreign company to move operations abroad and avoid U.S. taxes. However, he said it can still be worth doing in select situations.

Adami said investors can buy shares of Medtronic (MDT) - Get Medtronic Plc Report near $60. 

Kelly said there is still some upside left in BlackBerry undefined . The company reports earnings on Friday and he is staying long. Nathan disagreed, saying he does not find BlackBerry attractive near current levels. Adami said he would be a buyer near $9.75. 

Kelly said he is long a basket of 3-D printing stocks such as 3D Systems (DDD) - Get 3D Systems Corporation Report , Stratasys (SSYS) - Get Stratasys Ltd. Report and Exone (XONE) - Get ExOne Co. Report  and plans to hold them for two to five years. These companies have "revolutionary technology," he added. 

Adami said the 3-D printing space could become commoditized, and for that reason he does not like the stocks for the long term. If investors are trading the stocks for the short term, he suggests taking profits near current levels. 

Kelly said he likes shares of NXP Semiconductors (NXPI) - Get NXP Semiconductors NV Report on the long side. However, he suggested using a $70 stop-loss.

Adami reasoned that InvenSense (INVN) can move higher despite its high valuation. The price action has been good and there is a high short-interest. 

Nathan said he would use a $75 stop-loss on shares of Qualcomm (QCOM) - Get Qualcomm Inc Report . Adami agreed.

Adami said investors can stay long GoGo (GOGO) - Get Gogo Inc. Report  but warned that it will be a volatile ride. The stock has a large short-interest and the "upside outweighs the downside."

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Nathan said it would make sense for a company like Verizon (VZ) - Get Verizon Communications Inc. Report or AT&T (T) - Get AT&T Inc. Report to acquire GoGo because it has such a small market cap and offers entry into another service area with Internet on airplanes.

Pavel Molchanov, senior vice president and energy analyst at Raymond James, said shares of GT Advanced Technologies (GTAT) could decline to $8 to $10. It seems "almost impossible" for the company to meet analysts' expectations for 2015. All of its prior gains came from the rumors that its products will be used in Apple's new iPhone, which turned out to be false. 

Kelly said there appears to be support in shares of GT Advanced Technologies near $10.75. Adami said he is sticking with the stock on the long side with a target of $13.50 on the upside. 

Peabody Energy (BTU) - Get Peabody Energy Corporation Report climbed 2% and was the first stock on the show's "Pops & Drops" segment. Adami said he would avoid the stock because the entire industry seems to be under pressure. 

Dick's Sporting Goods (DKS) - Get Dick's Sporting Goods, Inc. Report dropped 2%. Kelly said he is a buyer of the stock near $42.

Facebook (FB) - Get Meta Platforms Inc. Class A Report popped 2%. Nathan said the company's effort to boost advertisers' awareness of its own effectiveness will benefit Facebook over the long term. This is good news for shareholders. 

Walter Energy (WLT) jumped 3%. Finerman said the stock could go to zero. The company's bonds have a 40% yield, trade near "30-ish cents on the dollar," and suggest the outlook is far from optimistic.

CNBC's Meg Tirrell says that Tekmira Pharmaceuticals (TKMR) seems to be the go-to name for Ebola treatment right now, while a grant will be used for the company's treatment in clinical trials in West Africa. If the Ebola treatment doesn't work, it could raise questions as to whether other platforms from the drug maker will work for other illnesses. 

Adami said shares of Tekmira Pharmaceuticals seem like they can climb back toward $30 per share. 

Nathan pointed out the bullish options activity in shares of Dollar General (DG) - Get Dollar General Corporation Report , specifically in the November $67.50 call options. 

Finerman said she bought more shares of Macy's (M) - Get Macy's Inc Report on Tuesday. She also said General Electric (GE) - Get General Electric Company Report looks good near current levels. 

Adami said shares of Ford (F) - Get Ford Motor Company Report continue to struggle, but if the stock drops below $16 investors should buy it. 

For their final trades, Kelly is a buyer of the Market Vectors Gold Miners ETF (GDX) - Get VanEck Gold Miners ETF Report and Finerman is buying Google (GOOG) - Get Alphabet Inc. Class C Report (GOOGL) - Get Alphabet Inc. Class A Report . Nathan is a seller of International Business Machine (IBM) - Get International Business Machines Corporation Report and Adami is a buyer of Agrium (AGU) .

-- Written by Bret Kenwell in Petoskey, Mich.

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Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter.