Fast Money starts right now. I'm Melissa Lee. Tonight's trader

lineup Tim Seymour, Karen Finerman Brian Kelly, and Bono and Eisen. Tonight on

Fast Intel plunging after its latest earnings report will break down all the

numbers and find out what is next for

the semiconductor giant.

Plus, if you're looking for safety at midday's sell-off, is gold still your best option?

We'll take a look at the outlook for the precious metal.

And there were a couple bright spots in this Thursday

sell off to find out what sent this name flying higher.

We start off with the major reversal in the market today led by Big Tech, the Dow dropping

more than a percent, with Apple contributing more than a

hundred points to this loss and take a look at some of the other stocks that saw

some real swings today.

NVIDIA was up more than a percent at highs but closed down nearly 3%.

AMD, Facebook, alphabet, same camp.

And then, of course, there was Tesla.

After its blowout earnings report shares were up as much as 6%,

but end of the day down by five.

Tim, this seems like the momentum trade, the big cap tech trade, that sort of got unwound a little bit today.

Yeah, you know, is this another one of those rotation moments? We had one in mid-May,

we had one in mid-June, and, you know, maybe we have one here in late July.

But if you think about the move in Big Cap-Tech, so Apple's down about 5.5% against the

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