Fast money starts right now live in the NASDAQ market site overlooking New York

City's Times Square.

I'm Melissa Lear.

Traders on the desk or Tim Seymour, Steve Grosso, Dan Nathan and Guy Dami.

Tonight on Fast, Patience Powell strikes again.

The Fed's hair managing to keep the markets calm

while answering questions about the easing strategy in Washington, D.C. today,

but can investors really trust the Fed?

Top strategist Chris Harvey says there is one group of stocks he hated until now.

He will explain why this surprising group could be the big winner in 2019.

We start off with Macy's igniting a retail inferno. The department store

having his worst day ever down 18% after slashing full year guidance and

announcing weaker than expected holiday sales and move weighing on the whole group of retailers

coal's Nordstrom target all under pressure so is this just a Macy's problem

or is this a bigger warning about a weak consumer guy?

Well, down 17% says it's Macy's specific,

but I don't think it is.

Tim talked about it a couple days ago.

It's department stores have not figured it out.

I mean, I think a lot of us have thought that maybe

they've gotten the other side of the mountain clearly haven't made it there but

down 17% is a ridiculous move. The thing that makes me think maybe the consumer is

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