Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. Named after a Revolutionary War hero, this company revolutionized the way to sell furniture with its real-life showroom settings. But a bleak earnings outlook had many investors rethinking today whether the shares have the right look for their portfolios.
Oil continues to trend downward, and airlines are again among the most actively traded pre-open (I noted yesterday that oil is down 27 percent since its July highs but the S&P 500 is only up about 5 percent since its July lows);
Sears Holdings on Tuesday forecast lower quarterly profit and said it needs to better control its costs and stock more items that its shoppers demand, sending shares down more than 8.7%.
Furniture maker and retailer Ethan Allen Interiors forecast quarterly earnings below analysts' expectations on Monday, citing a challenging economic environment for home furnishings retail.
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."