They’ve been under-performing all year - but played catch-up in October. Was Tuesday’s big S&P selloff driven by hedge funds taking profits?
We asked our hedge fund insider Anthony Scaramucci of Skybridge and he told us despite that popular belief - he's doubtful hedge funds are cashing out and moving to the sidelines.
Get all the details. Watch the video now!
Got something to to say? Send us an e-mail at firstname.lastname@example.org and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment, but not have it published on our Web site, send those e-mails to email@example.com.
Trader disclosure: On November 16th, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Seymour owns (AAPL), (BAC); Seymour is short (FCX); Adami owns (AGU), (BTU), (NUE), (C), (GS), (INTC), (MSFT); Adami’s wife works at Merck; Finerman owns (AAPL); Finerman owns (BAC); Finerman owns (JPM); Finerman’s firm owns (WMT); Finerman and Finerman’s firm owns (JCG); Finerman's Firm Is Short (IWM); Finerman's Firm Is Short (SPY); Finerman's Firm Is Short (MDY); Finerman's Firm Is Short (IJR); Finerman's Firm Is Long Russell Puts; Finerman's Firm Is Long S&P Puts; Pete Najarian owns (BAC); Pete Najarian owns (SLV) and call spreads; Pete Najarian owns (CNI); Pete Najarian owns (F) Bonds; Pete Najarian owns (FIRE)
For Simon Baker
Baker owns (AAPL) for clients
Baker owns (ANN) for clients
Baker owns (BAC) for clients
Baker owns (C) for clients
Baker owns (RIMM) for clients
For Mark Chandler
For Anthony Scaramucci
Scaramucci and SkyBridge Capital own (COH)
For Dan Nathan
CNBC.com with wires.