The "Fast Money" traders discussed the moves they made on Monday as the stock market closed higher, despite geopolitical concerns over the weekend.
Trader Dan Nathan said he has a bearish option on the SPDR S&P 500 ETF Trust (SPY) (NYSE Arca: SPY). He said he expects panic to come to U.S. equities in the spring.
Trader Guy Adami said he likes the DAX (XETRA: .GDAXI) and is betting on it moving to the upside. He said that Germany needs to "get back on the wagon for the S&P to (INDEX: .SPX) go higher."
Trader Karen Finerman said she is flat on the Financial Select Sector SPDR Fund (XLF) (NYSE Arca: XLF). She said she shorted the exchange-traded fund and bought some back on Monday.
Tim Seymour is long ABX, AAPL, APC, AVP, BAC, BBRY, C, CLF, CVX, DO, DVYE, EDC, EWN, EWZ, F, FB, FCX, FXI, GM, GOOGL, GE, INTC, LQD, MOS, MCD, MUR, OIH, PG, RACE, RAI, RH, RL, SINA, SQ,T, TWTR, VALE, VZ, XOM. short: EEM, SPY, XRT; Tim's firm is long ABX, BABA, BIDU, CBD, CLF, EEM, EWZ, F, KO, MCD, MPEL, NKE, PEP, PF, TCEHY, SAVE, SBUX, SINA, VALE, VIAB, WMT, WEN, X, YHOO, short EWG, HYG, IWM
Karen is long AAL, BAC, BAC short calls, C, DAL, EEM, EPI, EWW, DVYE, FB, FL, GLMP,, GOGO, GOOG, GOOGL, JPM, LYV, KORS, KORS calls, KORS puts, MA, SEDG, SPY puts, TACO, WFM. Her firm is long ANTM, BAC, C, C calls, FB, GOOG, GOOGL, JPM, JPM calls, KORS, LYV, PLCE, SPY puts, WIFI, her firm is short IWM, MDY. Karen Finerman is on the board of GrafTech International.
Dan Nathan is long SPY May put spread, XLV long APR-June put spread, XLI long June put spread, XRT long April-June put spread.
Guy Adami is long CELG, EXAS, GDX, INTC. Adami's wife, Linda Snow, works at Merck.
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