Live in the NASDAQ market site in the heart of New York City's Times Square.

This is Fast Money. Here's what's on tap tonight. The Fed in focus, the S&P and Dow

hitting new intraday records ahead of tomorrow's big

rate decision and some specific areas really caught our attention we dig into the

day's biggest moves and what they say about the direction for the markets and

the face of fear. The Chart Master sees danger lurking in

the rally of a trio of sectors. What has got him saying? Sell them all.

Plus good intel, should you believe the bounce in the semi-stocks the skinny on price

negotiations for Novoz Ozempeck and mega meta momentum why at least one of our

traders is so bullish on the stock I'm Melissa Lee coming to you a lot from studio

be at the NASDAQ on the desk of tonight.

Tim Seymour, Karen Feinerman, Bono and Isen, and Carter Braxtonworth.

We start off with a rate-sensitive rally ahead of tomorrow's expected Fed rate cut, the Dow and S&P each hitting all-time

highs during the session but closing off their best levels the Nasak finishing up

two-tenths of percent while the small cap Russell 2000 led the charge up three quarters of a percent in another sign of market

rotation the equal weighted S&P did close at a record it is more than doubled the performance

of the market cap weighted index over the past month.

Home Builder stocks higher to the XHB ETF notching.

Its eighth straight positive session, its longest streak since July 2023.

The S&P real estate EDF did did pull back but is still the best performing

sector E.T. F. over the past month. In payments, Visa, MasterCard,

American Express all hitting all-time highs today. Even lower-end lenders

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