On CNBC's Fast Money Final Trade, Tim Seymour said that it is time to take a short position in iShares Russell 2000 Index (ETF) IWM.
Steve Grasso would buy Restoration Hardware Holdings Inc RH, if it trades above $41 and stays there for three days.
Dan Nathan is a seller of Materials Select Sector SPDR XLB.
Guy Adami thinks that Urban Outfitters, Inc. URBN is going higher from the levels it reached in the after-hours trading. The stock jumped 12.25 percent in the after hours on better-than-expected earnings.
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