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NEW YORK (TheStreet) -- The broader market finished mostly flat in a sleepy Monday trading session. 

On CNBC's "Fast Money" TV show, Brian Kelly, founder of Brian Kelly Capital, said he expects the first half of 2014 to be smooth while the second half could have some bumps. Interest rates and oil prices will be important in 2014, and he sees oil prices going higher. 

Jim Lebenthal, CFO and CIO of Lebenthal & Company, disagreed on higher oil prices. He thinks the stock market could pull back roughly 5% to 7% in the first quarter. 

Tim Seymour, managing partner of Triogem Asset Management, said the financials could get a boost from rising interest rates and mining stocks could see a short-squeeze higher. 

Guy Adami, managing director of, said the S&P 500 needs to pull back to the 1,750 level. He suggested investors look to short Caterpillar (CAT) - Get Caterpillar Inc. Report and International Business Machine (IBM) - Get International Business Machines Corporation Report

Ralph Acampora, senior managing director of Altaira Wealth Management, was a guest on the show. He said the market is a bit overextended but certainly not in a bubble. The market has not put in a "major top" and is still in a secular bull run. That said, he thinks a 10% to 15% pullback would be healthy and seems possible.

Lebenthal said a pullback to that magnitude is unlikely pending a huge, unforeseen, negative catalyst.

Turning to shares of Twitter (TWTR) - Get Twitter, Inc. Report, Kelly is a buyer at these levels with a stop-loss at $54. 

Adami said Micron (MU) - Get Micron Technology, Inc. Report is a good buy at $21. 

Seymour said he is comfortable owning CF Industries (CF) - Get CF Industries Holdings, Inc. Report, along with Potash (POT) and Mosaic (MOS) - Get Mosaic Company Report, at these levels for the long term. 

Between Apple (AAPL) - Get Apple Inc. Report and Google (GOOG) - Get Alphabet Inc. Class C Report, Lebenthal prefers Apple at current levels. 

Adami said he would not short Crocs (CROX) - Get Crocs, Inc. Report. He also likes Blackstone (BX) - Get Blackstone Inc. Report at current levels.

Kelly likes the housing market and prefers to be long via the iShares U.S. Home Construction ETF (ITB) - Get iShares U.S. Home Construction ETF Report

Adami said shares of Disney (DIS) - Get Walt Disney Company Report could be in trouble if it reports a lousy earnings report in the upcoming quarter, based on the mediocre report last quarter and subsequent rally in the stock. Kelly suggested investors take some profits off the table. 

Wal-Mart (WMT) - Get Walmart Inc. Report was the featured company on the show's "Street Fight" segment. Seymour defended the stock, saying it has a cheap valuation compared to its peers and the new CEO has a strong global background. He suggested the stock could break out over $79 and investors could use $72 as their stop-loss. 

Disagreeing was Brian Sozzi, CEO and chief equity strategist of Belus Capital Advisors as well as a Real Money contributor at TheStreet. He said WMT is experiencing stiff competition from Amazon (AMZN) - Get, Inc. Report and Best Buy (BBY) - Get Best Buy Co., Inc. Report. He added the company has massive inventory builds and will likely continue to under-deliver on earnings. 

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Lions Gate Entertainment (LGF) was the first stock on the show's "Pops & Drops" segment. Adami called it a buy at current levels. 

Yahoo! (YHOO) fell slightly and Kelly said he would take some profits at current levels. 

InvenSense (INVN) surged 11% and Lebenthal suggested investors could stay long. 

Trina Solar (TSL) popped 6% and Seymour said the company has strong demand out of Asia. He recommends staying long. 

Dennis Gartman, editor of The Gartman Letter, was a guest on the show. He said the Nikkei should continue higher in 2014 as the Japanese economy accelerates and the yen continues to weaken. He added that he likes metals, shipping and railroad stocks in the region as well as being long gold in yen terms. 

Seymour said Marathon Oil (MRO) - Get Marathon Oil Corporation Report looks good based on its valuation and dividend yield. Kelly agreed, saying he likes the refinery space. 

Adami said he wouldn't short eBay (EBAY) - Get eBay Inc. Report at current levels. Instead, he suggested investors buy it near $50. 

Lebenthal said there isn't any current positive catalysts for Merck & Co. (MRK) - Get Merck & Co., Inc. Report but the dividend will allow investors to wait for one, with a yield of 3.5%. 

Kelly said Advanced Micro Devices (AMD) - Get Advanced Micro Devices, Inc. Report can continue higher in 2014 based on momentum and a 20% short float. 

Hunter Keay, senior airline analyst at Wolfe Research, was a guest on the show. Even after the big runs in 2013, he suggested that stocks such as United Continental Holdings (UAL) - Get United Airlines Holdings, Inc. Report and Delta Air Lines (DAL) - Get Delta Air Lines, Inc. Report were still undervalued, trading at six times 2015 EPS estimates. 

Margins will need to expand, free-cash flow will need to increase and balance sheets will need to de-leverage in order for the industry's earnings multiple to expand, he added He does not like JetBlue Airways (JBLU) - Get JetBlue Airways Corporation Report, partly because of its levered balance sheet. 

For their final trades, Kelly is buying Schlumberger (SLB) - Get Schlumberger NV Report and Seymour is a buyer of Compania Cervecerias Unidas SA (CCU) - Get Cia Cervecerias Unidas SA Report. Adami said to buy Huntsman (HUN) - Get Huntsman Corporation Report and Lebenthal likes Exelon (EXC) - Get Exelon Corporation Report

-- 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. 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.