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 are Tim Seymour, Karen Finnerman, Steve Grosso and Guyadami.

Tonight on Fast, a major moment for the market with earnings the Fed trade all weighing on Wall Street this week.

Meanwhile stocks are stuck in the danger zone.

Wall Street's biggest bear will explain why he thinks there's more trouble ahead.

Plus, it's been a rocky start to the busiest week for earnings,

but the Chartmaster says there is one unexpected stock

that could see a major rally.

And we start right there with earnings Armageddon.

Caterpillar out with a major miss as a global slowdown takes its latest victim.

The stock down 10% and the other implosion and video out with a major warning ahead of its report.

The stock getting crushed down 15

percent. The two earnings disasters wiping more than $20 billion in market

cap off the table, weighing on the broader markets and roll into the thick of

earnings season.

Will we see more pain and who might be the next victims to watch?

Guy.

Yes, you're going to see more pain.

Absolutely going to see more pain.

But the one that I'm watching is McDonald's and McDonald's reports before the bell on Wednesday.

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