live at the nadz marketsite in new york city's times square. stocks close sharply lower with tech and small caps leading declines. the nasdaq seeing its worst day since july 31st with the momentum names in particular. tesla, amazon, netflix all logging serious losses. tonight we ask is this the death of the momentum trade. guy, for a long time you've been flagging the iwm, the canary in the coal mine. it was leading losses today. >> remains at $112.40. i think we have to see what it does to the s&p if it gets to 110. a name like mobile nb mflt y had a bounce. though i'm pessimistic on the russell, i think there will be opportunities to buy these stocks. tesla's a name i think will trend down to 225. i think that will give you an opportunity to get long in the stock. >> from our company portfolio this is not a good day at all. i thought there were so many good things coming if today. we had a very busy m and a front. big deals. multiple ones. that provided no floor whatsoever. as the day went on it just got worse and worse. with the vix here at

we are live at the nasdaq marketsite in the heart of new york city.till ahead, a look inside the iphone of and all of its xoen fe component parts. plus the biotech stock soaring on headlines of the ebola drug treatment. >>> so far the iphone 6 is a winner for apple. what do the record sales make for the componentmakers? first, the supplier behind the accelerometer. i know, guy, you don't know what that may be but apparently invensense -- >> when we went in our test drive -- i like the stock. crazy as that -- valuation is crazy ridiculous. i get it. but huge short interest. a lot of people shooting against this. if you look at the way the stock has traded since the beginning of 2013 give or take, we've had large moves to the up side, followed by small down drafts, followed by the next like higher. i think we just saw down draft. i think you can own this stock. i think shorts get squeezed. you sell it on a ka titillation day, whenever that may be. you'll have one of those days i believe. >> the bosh accelerometer is what caused it to be involved. >> wit

. >>> live from the nasdaq marketsite in new york city, times square, this is "fast money." i'm melissa lee. tim seymour, pete najarian, guy adami. ford selling off in the afternoon on weak guidance from the company. mcdonald's getting a pop to the up side on rumors a large investor may have taken a stake in the fast food giant. we'll take a look at both those stories coming up. first, emerging volatility. protests in hong kong growing today as residents take to the streets calling for democratic elections. the hang seng hitting a two-month low in trading. brazil's stocks getting hit ahead of presidential elections there. the ewz closing down nearly 6%. with all this drama overseas is the u.s. the best place for investors. pete najarian, you say yes. >> i stand by that. i think when you look around, you are trying to get the read through all the clouds and you have all this geopolitical going on everywhere it seems like, started with ukraine, started over there. then in the middle east, now china, hong kong. i think because of all that there are better opportunities to be ab

. >>> live from the nasdaq marketsite in new york city, times square, this is "fast money."ee. tim seymour, pete najarian, guy adami. ford selling off in the afternoon on weak guidance from the company. mcdonald's getting a pop to the up side on rumors a large investor may have taken a stake in the fast food giant. we'll take a look at both those stories coming up. first, emerging volatility. protests in hong kong growing today as residents take to the

live at the nadz marketsite in new york city's times square.y lower with tech and small caps leading declines. the nasdaq seeing its worst day since july 31st with the momentum names in particular. tesla, amazon, netflix all logging serious losses. tonight we ask is this the

live from the nasdaq marketsite in new york city's times square, i'm melissa lee.ing day for stocks. the s&p clocking in with its third straight day of losses while the nasdaq hit a five-week low. quite a different story from friday when the s&p hit an all-time high and the makts were celebrating the biggest ipo in history. did that mark the top? we ask that question last week. >> bottom line is big ipos don't happen and market bottoms. they don't happen from the bottom to the middle. they happen from the middle to