And Fast Money starts right now with the major market sell-off stocks, getting slammed

as trade war fears, grip Wall Street, and the White House gets ready to increase

tariffs on China this Friday every single stock in the Dow negative today with the

index falling as much as 650 points at the lows of the session coming

back just a bit into the close and the tech heavy Nazak getting hit the worst down 2%

So as the stakes of the trade war with China get higher and higher

How much worse can things get? What do you do now?

Pete.

Well, you can tell by the elevation of the Vicks, and it's actually not just today,

but if you go over the last five days, we're about 30%,

and add another 30% today.

This is something that's definitely alarming. It's why we sit on the

desk all the time when you get a volatility index down towards 12 or 13. You

got to buy it. You'd buy it when you can, not when you have to. It's an old

expression. We use it all the time and it makes sense to me now I think

when you see the Vicks trading up towards 20 it does help create opportunities

Mel because if you're looking around in the market and you're looking for many of the

stocks that maybe are oversold for the wrong reasons I think if you're looking for many of the stocks that maybe are oversold for the wrong reasons.

I think if you're directly involved with anything China related right now, absolutely that's probably

a deserved sell-off right now, what you're getting over the last couple of days.

There are names that are getting

dragged down with that as well and I think because of that you can add some of those

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