A major Cyloth rocks Wall Street, the down dropping more than 600 points for its worst day since August.

The major index is now negative for the year.

Investors on edge as a deadly virus spreads and global growth slows.

So where do you put your money following a day like today?

The traders are here to bring you some answers.

Fast money, live from the NASDAQ market site, starts right now.

Indeed it does and welcome everybody. I'm Tyler Mathis and in tonight for Melissa Lee.

Your traders on the desk Tim Seymour.

Steve Grasso, Brian Kelly, Guy Adami.

Welcome everybody.

Let's get right to this rough day.

Worst day, it wasn't my worst day since August, but it was a worst day. It wasn't my worst day since August but it was

and you're looking good. You look fantastic. I'm feeling all right. You know it's okay.

Energy tech, industrial's there all leading the cell off the S&P now off to its

worst start to a year since all the way back in 2016.

So we begin tonight with a question that is top of mind for many investors.

Is this the beginning perhaps of something bigger, deeper, longer guy?

Well I've thought that for a while and great to have you here.

And incorrectly, but now it starts to feel that way.

I think in terms of S&P levels, I think you have to look at sort of 30 30 which sounds odd but that's

sort of a level that I've been flagging for a while and I think that is a level

that can trade down to that's probably another five and six percent from where we

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