Reports out Wednesday suggest China might have triggered the massive sell-off earlier in the week.

What happened?

Chatter circulated on the Street suggesting China, which holds the world's largest foreign exchange reserve, might be reviewing its European bond holdings in the wake of the recent crisis.

What must you know about these developments?

For insights we turned to Fast Money friend Peter Boockvar, chief equity strategist at Miller Tabak.

You won't want to miss what he says. Watch the video now!

 

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Current DateTime: 08:35:36 28 May 2012
LinksList Documentid: 26256943

• • Desperately Seeking Dividend Yield
  • Tech Is Trying to Tell You Something: Terranova
  • Charts Suggest S&P Revisits Flat on Year: Top Analyst
  • Airlines Taking Flight?
  • Three Stocks For Thursday
  • Next Stop for Oil - $88.55
  • QE3 Likelihood Still ‘Pretty Good’: Jan Hatzius

Current DateTime: 08:35:36 28 May 2012
LinksList Documentid: 26256941

• Super Traders Slideshow
• Daily Poll: Tell Us What You Think!
• Word On The Street

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Trader disclosure: On May 26, 2010, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Terranova owns (AXP), (BBY), (BMO), (BTU), (DIS), (FTO), (GLD), (IPSU), (OIH), (PFE), (RSX), (STLD), (SWN), (TER), (XCO), (YHOO) Kelly Owns (FCX) Calls; Kelly Owns (CLF) Calls; Finerman Owns  (AAPL); Finerman's Firm Owns (BAC), (BAC) Calls; Finerman Owns (BAC), (BAC) Preferred; Finerman Owns (GOOG); Finerman Owns (GS) Calls; Finerman's Firm And Finerman Own (HPQ); Finerman's Firm Owns (JPM), (J)PM) Calls; Finerman Owns (JPM); Finerman's Firm And Finerman Own (RIG), (RIG) Calls; Finerman's Firm Owns (KFT); Finerman's Firm Is Short (IJR), (MDY), (SPY), (IWM); Finerman's Firm Owns (PM); Jon Najarian Owns (BAC); Jon Najarian Owns (BP); Jon Najarian Is Short (MCO); Jon Najarian Owns (C); Seymour Owns (BAC), (AAPL), (GOOG), (VIP

For Tim Seymour

Seygem Asset Management Owns (VALE)
Seygem Asset Management Owns (VIP)

For JoeTerranova

Terranova Works For (VRTS)
Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.
Virtus Investment Partners Owns More Than 1% Of  (AMKR)
Virtus Investment Partners Owns More Than 1% Of  (IGE)
Virtus Investment Partners Owns More Than 1% Of  (DBV)
Virtus Investment Partners Owns More Than 1% Of  (XLB)
Virtus Investment Partners Owns More Than 1% Of  (XLV)
Virtus Investment Partners Owns More Than 1% Of (XLP)
Virtus Investment Partners Owns More Than 1% Of (XLY)
Virtus Investment Partners Owns More Than 1% Of  (XLI)
Virtus Investment Partners Owns More Than 1% Of  (XLU)
Virtus Investment Partners Owns More Than 1% Of  (DRYS)

For Brian Kelly
Kanundrum Capital owns U.S. Dollars
Kanundrum Capital owns (TLT)
Kanundrum Capital owns (GLD)
Kanundrum Capital owns (GFI)
Kanundrum Capital owns (AUY)
Kanundrum Capital owns (SRCL)
Kanundrum Capital owns (LIFE)
Kanundrum Capital owns (CXW)
Kanundrum Capital owns (FCX)
Kanundrum Capital owns (CLF)
Kanundrum Capital is short Euro
Kanundrum Capital is short Yen
Kanundrum Capital is short Swiss Franc
Kanundrum Capital is short UK Pound
Kanundrum Capital is short (XLF)
Kanundrum Capital is short (XLK)
Kanundrum Capital is short (XLI)
Kanundrum Capital is short (DOW)

For Anthony Scaramucci
Scaramucci and SkyBridge owns (AAPL)
Scaramucci and SkyBridge owns (EBAY)
Scaramucci and SkyBridge owns (GOOG)
Scaramucci and SkyBridge owns (MSFT)
Scaramucci and SkyBridge owns (INTC)
Scaramucci And Skybridge Own (KFT)

For Mike Khouw
Cantor Fitzgerald Is A Market Maker In (SPY)

For Brad Hintz
Hintz Owns Morgan Stanley And Discover
Hintz Owns (CME)
Accounts Over Which Bernstein And/Or Affiliates Exercise Investment Discretion Own More Than 1% Of  (GS)
(GS) Is Or In Past 12 Months Was A Client Of Bernstein (Non-Investment Banking, Securities-Related Services), Bernstein Received Compensation
An Affiliate Of Bernstein Received Non-Investment Banking Compensation From (GS)
Bernstein Or Affilaite Expects To Receive/Seek Investment Banking Compensation from (GS) In Next 3 Months

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