Fast money starts right now.

Large in the NASDAQ market site overlooking New York City's Times Square.

I'm Melissa Lear.

Traders on the desk for Pete Nigerian, Tim Seymour, Dan Nathan, and Guy Dami.

Tonight on Fast, another wild day for the market, the sea of red across the board, but one analyst says there is one easy way to profit this year.

He'll be here to tell us what that is.

Plus, $74 billion.

That's how much Bristol-Myers is paying to buy biotech companies cell gene and

a stock is soaring.

Is there another big deal coming down the pipeline?

The traders will weigh in.

But first we start off with the market sell-off.

The bear roars again. It was the warning that shocked Wall Street Apple confirming

the fears of investors that a trade war with China is causing a slowdown.

That light manufacturing data adding insult to injury stocks getting slammed

the Dow down nearly 700 points at the lows of the session and this is after we've

already seen warnings from the likes of FedEx

and Micron about the macro environment.

So is this a rude awakening for Wall Street as we approach earnings season?

And should we brace ourselves for more warnings and guidance cuts.

Yeah, I think you have to brace yourself for more warnings.

If I'm an apple supplier, I mean, and Tim spoke about this last night,

...