The "Fast Money" traders debated how investors should position their portfolios ahead of the first presidential debate Monday.
Both Hillary Clinton and Donald Trump will likely target the biotechnology and financial sectors, trader Steve Grasso said. He added that Trump is likely to be positive for traditional energy, while Clinton will be better for alternative energy. Grasso said solar stocks may pop on Clinton's comments.
Trader Guy Adami said Wells Fargo is likely to get knocked during the debate and it will likely go lower on Tuesday.
Trader Brian Kelly said he's looking at the bond market because "on both sides, the economic plans require some more debt here and nobody is really addressing that." It's something that "could spook the bond market," Kelly said. He also said that he'll be keeping an eye on currencies.
Trader Tim Seymour said volatility is likely to increase as the general election looms.