farmer gym >> it's a simple cash flow story. cash flow is king. >> you should have said touche right before you did that. all right. >> a little bit of a pullback in marriott use that as an opportunity >> i'll see you in the o.t "the exchange" is now thank you, scott hi, everybody, i'm kelly evans starting to feel like friday whether over again the s&p the worst performer. bond yields dropping sharply and oil tanking as covid spreads in china. we'll look at the ripple effect from the surge issing u.s. dollar plus all of this in the fastest fed tightening cycle in 30 years. will they be forced to back off their plans or is this market action helping the fed achieve

its goals? and a slew of big tech reports and key industrials and multinationals that will be bell weathers for this market names like ge, 3 m, and whirlpool. first, let's get the latest numbers. >> i was going to say we're well off the session lows we might have come close to flapping the nasdaq. it was a real underperformer we're only down about 25 points. it's only off about one quarter of 1%. it was almost flat the s&p 500. still down about 1% in the dow industrial is down 255 points. but still well off the session lows one of the best performing, if not the best performing sector so far and that's thanks, maybe, in no small part to the buy the dip here but twitter is one of them

up 5.5%. we've got fresh headlines from the folks at the "wall street journal" in the last ten minutes, saying according to source ises familiar, you could see a $34 billion agreement to take that company private and that a deal could be announced just after the closing bell, if not before all those headlines coming from source reporting at the "wall street journal." and if you look at twitter up 5.5%, the number you want to watch for now is 5420. that's what elon musk said he was going to take over the company at we're up 66% off the lows we've seen keep an eye on twitter if you want to take a look at some of the context around how steep the losses have been if you look at the spdr s&p 500, the orange line for the nasdaq 100, we're down roughly 20% off

the highs. for the small caps, we're down 22% and s&p 500 off 12%. that's where we stand right now. is that draw down enough it has been in the past to draw out some of the dip buyers off session lows are we'll see if it stays that way. >> we will continue to follow the twitter headlines all hour long meanwhile, april was supposedly the best month for markets but it's bucking trends. and an eye on big earnings heading our way. and harden is at summit global investments. he is watching the surging u.s. dollar and brian sullivan has the latest on the china covid lockdowns that are sharping a big sell off in oil. let's start with you and what are the market interms and earnings this week telling you >> good afternoon, kelly so, this week is going to be a

big one for earnings earning season starts in early april. what we've seen -- we haven't reached the peek and these next two weeks are big in terms of quantity and market cap. this week alone, you have microsoft, amazon, apple and alphabet reporting they've only recorded in the same week seven other times going back over the last ten years. you get all those big companies together, some thing is bound to go wrong what you've seen leading to these weeks where all four of the companies have reported, this stocks, with the exception of google are down more often than they're up and the market overall for that week has also shown pretty poor returns. so, that's one thing to be concerned about, heading to this

week the one caveat we see is normally, leading to these weeks where all four of the companies are recorded, the four mega caps, you've seen the market run up into these reports. you've are seen the expectations pretty high. this quarter, we're seeing the s&p down 5% and the nasdaq down 9% i think expectations have become much lower this time around. you may not see that type of negative reaction in the stocks as they report because they've already fallen pretty sharply as it is. >> and then you have the case of netflix where athe market activity was telling you the stock was going to perform worse. netflix is down 70% from its highs. anything you'd add about the market set up here the momentum has obviously been pretty poor. there's a number of big picture

and small pictures of factors you could reference. what are you most going to watch for our next move? >> it still remains the fed. you said this is the fastest tightening cycle going back to the 1980s. they've only raised 25 basis points so far. it's almost the fear of danger is more frightening than the danger itself. so, i think what you're going to see is the market is sitting here thinking what is is the fed going to do? there's a lot of uncertainty and we're just left waiting in the lurch, so to speak what you really need see is, if the fed is going to come out and hike rates, get it over with, rather than keeping the market in a state of limbo here and wondering what are they going to do rather than just have them come out and do it as a corlair, imagine the fed came out and said things are looking really bad

so, over the next six months, we're going to lower rates to zero people would have thought that was ludicrous. we're seeing the opposite here the fed keeps saying we're going to do this, we're going to do this but we're seeing slow pace the hikes come through >> we're just at the beginning stages paul hickey from the spoke let's turn to the surge issing dollar. typically a head wind for the market but my next guest has ways to profit from it chief investment officer at summit global investments. some of what has been going on with the dollar against the yen and chinese currency last week was pretty amazing now add in the euro where a $1.07 last i saw we haven't talked about parity in years and all the sudden that's back in the conversation. >> and there's not enough pressure on global rates that there is on the u.s. rates and so, as the fed tightens, the

dollar strengthens you need to look for are areas to make money as the dollar goes up and there's risk in your portfolio if you're not careful because your exposure to the dollar can help you. you want to choose domestic, smaller over larger and look for things that have performed well with the strong dollar, like consumer staples and health care and utilities. >> you have names like hershey and kroger are these names people can be comfortable with >> there is some inflationary -- you think about making chocolate with hershey they're going to have inflatio inflationary winds there and the recession word, we still eat a lot of chocolate they've done well year to date and the fact is they have a lower volatility risk compared to the market, quality earnings.

this is something i would favor in the sense of a strong dollar. >> i take your point that if we're going to be hiking faster than everybody else and we heard in the interview with sarah last week she did not sound all that hawkish at all so, where is the euro going to go from here 99 cents it's hard to imagine that this move could keep going much further in the direction it's already gone >> well, the macro economics behind it. they're having their own struggle with supply chains, etc. so, international still has problems and in the u.s., we're nowhere near -- we're at the start of the cycle with the fed i think we're raising rates and the pressure is more than international. i see the dollar increasing. it's at two-year highs but maybe we should see four or five-year

highs. i think the dollar continues to strengthen and couple that with maybe everything else going on in the market, maybe 75 basis points has been talked about you cannot throw that at the wind when you have all of knees hikes and macro winds blowing in the direction of a higher dollar and more volatility to come. >> if you're right and this -- it makes me think to the late '90s the currency crisis where you wonder about the next round effects it could have. maybe it will be orderly and fine let me switch gears. at a time when ibm was a rare bright spot, why are you a seller of ibm? >> they've always struggled with the dtermining when to hedge from their international operations if there's a strong there, ibm

has had a hard time with their earnings i'm cautious when it comes to a strong dollar and i've seen hath many times and lived through it many times i'm a seller at ibm. i'd rather have them prove they're a strong dollar. >> david harden with sum ist global investments the final piece of the crude oil plunging the city now expanding testing requirements to the entire city as it continues to keep much of shanghai under a lockdown. this would be a silver lining for are global markets if it weren't also raising fears of a global slowdown. >> i don't know about that, kelly. i'll push back a little bit and say energy was one of the only sectors working this year. it's the lone bright spot in an

otherwise down market. now you have oil stocks well off their high getting hammered today. baker hughes is down from its recent high. the halliburton, bigger cap stocks are down 10 to 15% off their recent high. so, the leadership group, at least in the last few days and this could change, the leadership group appears to have disintegrated. i'm not sure where money goes. going to the dollar. we know that probably going to government bonds. beijing and shanghai combined for about 45 to 50 million people you have is a couple of other cities with semilockdowns. it's probably likely 5 to 7% of the chinese population is under lockdown that's 14%, the math is easy so, just do that math and say if

that's the case, maybe oil usage will get reduced by 4 to 6% per day in china again, extremely rough sullivan back in the envelope math the market has come down far more the march high was -- and take one inside the, mat. we're down 25% from the intra-day high tick march 8th, until now, all while u.s. demand continues to rise. but you're right the dollar has an impact as well. >> that's my point in some ways, this is still a positive development in the sense that if every source of global demand were firing on all cylinders right now, the oil price could easily be back to the 130 area we tested before this could be good for energy stocks in the near term but you're talking about that being a major, major problem

>> at some point, to your point, and farmer jim said this in halftime china will reopen. they have an election coming up later this year. i'll just give you an anecdote i have friends i'll ping on secure messaging platforms i know somebody in china trying to catch a pigeon on their apartment window sill because they have no food. that's a true story. they're trying to figure out how to catch a bird because they can't leave the building they're putting fences up around some of the buildings. the point is even the chinese public -- i'm not making a political statement. they're running out of food and getting angry. at some point they're going to have is to reopen. you can't even see the number of ships off the coast because there's so many they blend into one giant blob on the computer screen at some point, when that does reopen, assume soing europe does

not go in its own severe recession or worse because of putin's war in ukraine, to your point, maybe that demand will again spike. but it's not now and a lot of the oil etfs are down 5% in a matter of days heck of a time china locking down >> hate to call it a lose lose but it's how it feels right now. either they're in a horrible situation and oil is -- and that's where we are post pandemic that is the tightness of the supply chain we've been talking about. brian sullivan with the latest the fed's conundrum. they're moving at the fastest pace in years as fears ramp about the global economy which of these factors could prompt them to rethink their plans? plus we're kicking off the

busiest week of earnings season with a look at whirlpool, and 3m they're all off their highs. as we head to break, let's get a quick check on markets the nasdaq has gone positive crisis over. and the russell is only down a 10th of a percent. and the s&p is the laggard

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welcome back to "the exchange." the fed's tightening is looking to be the fastest in years and with an already surging u.s. dollar steve liesman is here with the latest steve. >> they have an enorming fed tightening and a policy rate that looks to go above neutral a lot of sun certainty about whether the new hawkish outlook will be enough to restrain inflation. and goldman sachs saying in a recent report, they made more base of tightening more than the

high number they've already baked in they need to slow growth 1 and is a half to more than our below consensus 2022 forecast of 1.9%, delivering a higher terminal funds rate of 3.3% it seize it going from -- to 270 by december or above the fed's neutral estimate and a fed market with a terminal peek of 3.34% by december 2023 how do you get there the market has priced in 50 basis point rate hikes and a lot lower than friday but still a chance of 175 basis point hike again after that, 3, 25-basis point hikes with a chance of a 50 base point hike again

2.7 percentage points will be the fastest in a single year since the 1980s. if it doesn't show signs of improvement, the fed could go faster still >> thank you very much steve liesman. is the fed about to make a historic policy mistake or was the mistake already committed? and what should investors do now? let's turn to a cnbc contributor. for fwrirlts to see you. in the latest wrinkle on what's going to happen with china's economy, rather complicates the picture, doesn't it? >> for sure. and one thing that steve left out is the fed is also going to be initiating a quantitative tightening from zero to 95 billion verses the zero to 50 billion in the previous qt it is a double barrel form of

tightening that is going to impact the economy and markets yes, it mucks up their entire analysis but on the other side, it further strengthens the supply chain which forces them to continue to tighten. it's a no-win situation and a question of how much pain will they tolerate as they work their way through the tightening cycle. >> you are very good at seeing the global linkages with the financial system and i'm thinking specifically of the u.s. dollar here it's on a historic move. what happens next? >> it is a great question because the dollar has mostly been strong against the euro, the yen and the pound. and only recently against the juan but the commodity currencies until the last couple of days have traded great against the dollar in case -- giving them commodity currencies

so, it does, in the aggregate squeeze global liquidity it's very easy -- it's only been strong against some currencies and not so much against others >> great point does the fact that those currencies represent most of global gdp have an impact? i don't know where you think the euro's going from here but we're so low do these moves keep going or not? the japanese yen, we talked about this their policy is to keep pushing it lower to achieve some of their macro goals. the chinese currency collapsing because of everything going on can this move continue after we've gotten to what seem like extreme levels >> to me, the currency rating that everyone has to bow watching is the dollar yen because of the pronounced impact of a potential change in policy.

the bank of japan and ministry of finance have two choices. continue with control and the yen continues to weaken and inflation becomes a problem, particularly on the energy side or they widen the curve control ban to maybe 50 basis points or more and that, itself, creates major reverberations through the bond market. they're reaching a point where they're going to have to make a decision and that's the cross rate that i wake up every day wondering where it's trading and the yen is at a 20-year low against the dollar >> i have to squeeze this in and then go. the nikkei is reporting that japanese policy makers are consider relief measures like gasoline subsidies why don't they just abandoned -- >> and the 2% inflation rate be careful what they wish for.

yeah, we have 2% inflation we have is a problem it gets into why are we raising the cost of living everybody if we're going to sthuv money to handle the rising cost of living >> this has been the line for 20 years. i appreciate we're getting a real world example of the consequences we will leave it there for now appreciate your time bio tech is one of the only groups in the green today. the xbi falling 9% last week it is about 2%, my eyes are just failing me >> i hear you, kelly it's interesting if you look at bio tech today the xbi is is up but the ibb is not sharing in the same gains. you're seeing the market likes certain bio techs today but not all bio techses. it's more driven by the larger cap names where the xbi is

driven by small and midtech bio tech gains at oppenheimer points out this is the second day in a row the xbi has out performed the broader market and it's been a group incredibly beaten down over the last few months and last year. and there are a couple of things driving sentiment here the main thing may be a stock not driving the xbi itself but driving sentiment for these companies. it's a stock -- a company called nkarta early clinical trial news in blood cancers today. that stock has doubled it's still a small market cap company, $500 million. that's driving positive sentiment in bio tech that really needed it you can see both up around 6%. intellia up 4% this a positive day for bio tech investors who have been waiting

for it the xbi, year to date down still ahead, is it a actually happening the latest on musk's potential take over of twitter with the shares popping at 5.5% right now. still $3 below the deal price. could the deal get done by the end of the day, if not sooner? and the potential takeover is pressuring this spac the donald trump platform public doubts have risen whether that deal will take place down more than 16% and as we head to break, here's another check on the dow heat map. about seven of them verizon, evn chroand nike are the worst performers

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welcome back, everybody. the dow was down as many as 488 points the s&p down 30. the nasdaq is positive by 17 points every sector is in the red except communication services. it's up fractionally but still down nearly 30%. all of these components are falling to new 52-week lows. netflix, 70% off its record high match hitting another record low. meta, charter. gains of 40 to 50% and if we had room for one more logo, disney is down 38 from the reece aren't high. this group has let us lower. now this afternoon, it is leading us back to the upside. tyler matheson with our cnbc news update.

and here's what's happening at this hour a new york judge has found former president trump in contempt of court. the judge says he's failed to turn over documents demanded in a subpoena for a civil probe to trump's business practices and this judge is fining trump $10,000 a day. a lawyer for mr. trump calls the contempt motion inappropriate and misleading virginia, lawyers have is finished cross examination of johnny depp in his libel case against ex-wife amber herd jurors heard audio recordings of depp warning there would be a blood bath if their arguments were allowed to escalate depp winced while the recordings were played. and a full wrap up of what's next tonight at 7:00 eastern and in japan, a woman believed to be the oldest living

human being, has died. tanaka was 119 years old, born the same year as the wright brothers first took to the sky she was known for her fondness of chocolate and fizzy drinks. reported cause of death? old age. back to you. >> heart problems. >> chocolate love it. >> i think that's our trait of the day as well. tyler matheson still ahead, ge, whirlpool and 3m are lower this year they all have similar head winds, cost inflation and supply chain issues but could a travel resurgence give ge a meaningfuloo bst key things to watch for all three.

welcome back, everybody. it's officially underway that means it's time for another week of earnings today and we're going to do three industrial bell weathers. let's start with general electric they're before the bell

tomorrow you have the air travel rebound. health care sales expected to fall and oppenheimer managing director joins us with our trades welcome, guys. sima, what are you watching? >> it will be aviation that makes up 40% of ge business. a likely optimistic outlook on travel and how that's speeding through to achbiation as aftermarket repairs business and the all-important leap engine. we're expecting points of pour foit 5 billion the question is whether the strength in this business can offset the ongoing troubles it's seeing in renewables after competitors conveyed a less optimistic outlook for renewable energy that will be a key focus and seeing a 5% move in ge to the upside or down side once the company reports earnings tomorrow morning

>> are you a buyer of ge >> kelly evans, i am not a buyer of ge. i think this continues to trade lower with sickliccals and stocks broadly through the summer until the market check lists is complete. what stands out is through a topping pattern through most of 2021, broke down in the november of december sell off more or less has been consolidating in year to date. now we're seeing signs of the stock turning lower from its falling 200-day average. i think the larger top is resuming lower for us to trade, keep an eye on the 50-day average i think you want to sell strength into the 50-day average at about $93 in anticipation for, over the coming weeks and months, a drop below the march

low. i think new lows are coming up here >> and glancing through, you don't like ge, don't look like you like 3 m that much we've had people coming on the show and talking about industrials being the place to be for either the tightening cycle or because it's been under the radar. what would you say to those who might be think about adding industrials to their portfolio more broadly >> i think i was one at one point that highlighted a study showing industrials historically do quite well at the start of a tightening cycle, six months after the fed hikes rates. just within the sect isser, there's some stocks that look better than others and these names we've gone over aren't those names. unfofrpimately, when internal breadth narrows, there's not a long lisch of stocks to

highlight favorably. we ecan point to some that are dedicated in the water field and a few other midcap machinery names. but in general, we're having market view of the industrial sector given that mixed bag of stocks underneath the surface. >> very, very interesting. in some ways, the highest profile are the most problematic. let's pivot and talk about 3 m this company has beaten earnings in the four straight quarters and the shares are down 17% this year sfwlirlts underperformed its peers, kelly and rbc capitol calls it the sect isser a 15% decline comthierd same time a year ago. part of the issue is the legal liability wall street sees as something they can quantify. the other thing is theflation. of all the industrials, this is a uniquely diversified name that

makes everything from scotch tape to auto components and products are made out of plastic. how is passing on the cost to its customers will be a key focus tomorrow >> and this is one, again, not liking the chart action but if i heard you right a moment ago, maybe you're a market neutral on them but you like that i hear water names and seema has highlighted its strength but where else should the people go in the space if not here? >> 3m not one of those spots also in a large industrial conglomerate it's been trying to move sideways in recent weeks we side with, again, the bearish trend. keep an eye on the february gap comes in at 153. if you were to get post earnings, very often the gaps would come on the way back up. with the focus on stock

selection, it's a lot of the midcap names they're not your bell weathers it's rated to out perform at oppenheimer. there's some names out there you really got to key on individual stock selection for exposure to that group >> very different when we go from talking about fang to the what core? >> mcgraph, ticker rg -- mgrc. >> they get their day in the sun, don't they. and we'll turn to don chew to hit whirlpool. it's actually raiding higher today although down 20% on the year what else are we watching here >> whirlpool is is an industrial story, kind of they do make durable goods weir are officially talk about a conglomerator of consumer demand

so, technically it's categorized as a consumer discretionary stock. they'll seek some kind of commentary into the current macro economic environment from a headline standpoint, with consensus for $25.30 a share now, for whirl pool, like a lot of other companies, we're talking about a company that's had to deal with not just the supply chain issues globally but the sharp rise in input kaugss and consumers. whirlpool could can give us an anecdotal point with demand. whirl it is pool may move up or town it has in the past by an average of 3.3% in each of the last eight quarters current option prices would inindicate what could be a 6%

move in either direction traders are looking at possibly close to double recent volatility and that stock is traded lower five of the last eight reports. >> this tells me all i need to go it's down 20%. you're staying away, aren't you? >> yeah. perhaps we can argue it's getting too late to sell i fwesz for us, it's too early to boi as well this falls in the consumer discretionary sector in terms of classification it was strarting to break down in january when we down graded to underweight so, now it's really just waiting for the base to develop, be patient. as it stands, and for all these reasons, we would rather sell strength than buy weakness if you were to get a positive surprise, that comes in at 187 and we would be looking to sell strength into that one 87.

>> let's close on a buy recommendation, if you have one, for investors. your pick. any sector, any name you're excited about this week. >> i'm going to go over a lot of the names we've been talking about on this show, kelly. stick with low volatility exposure through the summer. that's how you want to have your portfolio positioned one name as the market's selling off here, regen ron pharmaceuticals. talking about the multi-year breakout in trend. now it's correcting into the breakout point, into the moving averages in a bullish trend, you want to buy weakness and now you have a near term opportunity to buy emerging long-term strength in r are egeneron pharmaceuticals >> i didn't see that one and still ahead, shares of coca cola unable to hold on to presession trading gains,

despite quarterly results. outhl hear from the ceo himself abt e head winds and tail winds they're expecting this year

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welcome back to "the exchange." time for show and tell today's chart is coca cola hanging on to gains fractionally they've beat estimates on their earnings still the ceo is warn withing of storm clouds on the horizon. here's what he said about coke's business in china on "squawk on the street." >> we've start issed very strongly in january with chinese new year and by the time we got to march, it was negative and the quarter ended negative strong lockdowns in shanghai in simple terms, it looks as though we're back in april 2020 in terms of consumer mobility,

lack of openness in a lot of the channels and having complications with the supply chain. >> april 2020, yooiks. said he doesn't expect things to be as dramatic as the early months during the pandemic shares up 13%. coming up, shares of gap higher today, after sinking last week when it cut the sales and growth out look and announced the departure of a key executive anyst says the reward is greater than the risk. next worth is givin g the people who build it a solid foundation. wealth is shutting down the office for mike's retirement party. worth is giving the employee who spent half his life with you, the party of a lifetime. ♪ ♪ wealth is watching your business grow. worth is watching your employees grow with it. ♪ ♪ your record label is taking off. but so is your sound engineer.

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we feel they have some valuable assets in the portfolio. we think this is the right level to be buying the shares. >> sale or spin-off of ath letta and what do you think happens with the shares or with the shareholder value broadly that would create >> we took a lot of numbers and one of the things that's interesting on gap generally is we would welcome much more disclosure and athletta that could be in its itself and if you do separate athleta. >> it reminds me of a ferrari and fiat kind of thing what's happened in old navy? how long ago do we have to rewind the clock to where that story went wrong >> i think within the last two quarters the supply chain has been challenging for the company including old navy, and i think there is some significant airfreight incurred over the

last several quarters, and i think the discounting is there [ no audio ] >> the discounting is there. i always like to give them a second just to see if the shot will come back up. our thanks to bob derbil, guggenheim, upgrading from neutral to buy thinking the shares can double from here. elon musk disclosed his stake three weeks ago and they're up 60% from the close the latest on the saga and why an agreement can be reached any moment the chges ckn exan iba ia moment ♪ ♪ (vo) your home internet is going ultra! introducing verizon 5g home. see ya cable! with 5g home you get blazing fast 5g ultra wideband internet

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♪♪ ♪ ♪ welcome back it's the saga du jour. twitter shares climbing 30% since musk first disclosed his stake earlier this month and in an agreement on elon musk's takeover bid could be reached any moment now according to reports. julia boorstin here with the

very latest. the $3 above the potential sale price. >> yes up about 5% on twitter nearing the deal with elon musk and that deal could be announced after the market closed today after 4:00 p.m. eastern. a source close to the situation the board met to discuss musk's offer taking it more seriously now that he's secured $40 billion in financing and after that twitter's board reportedly negotiated with musk late into the night yesterday and thof course, and now there is a lot of unknown if twitter has a go shop provision that could solicit bids from other potential buyers once the deal is signed and it's still unclear what the break-up fee would be if a deal is signed and then it falls apart. though a deal is far from certain, the seriousness of these fe gosnegotiations and th

that we are so close to a deal it is a meaningful milestone for the company and bush analyst an ives says the street will read this news as the beginning of the end and musk is likely now on a path to acquire the company unless the second bidder comes into the midst we have no comment from twitter today, but with the company set to report its results on thursday, that company's earnings per share are projected to decline by 83%. so the board could be rushing to announce something before those results are out. kelly? >> so what does this all mean, julia? unless this bid were hostile, it wouldn't trigger the poison pill, obviously, so it could just be the price he initially named. where are the other suitors? their silence speaks volumes >> well, yeah. that's the question. now the fact that he is negotiating directly with the board. that means that the poison pill is probably not going come into

play this is what the board wanted which is the ability to sit down and negotiate directly with musk i do think that the other suitors are the wild card here there has been some speculation that the board has been out there looking for other potential buyers, but that's the real question here is, you know, are they going to sign a deal and would they have the option to do a go shop and see if anyone else could come in, but there is the question of the business model here. we have to remember that elon musk is not focused on twitter as a business. he is focused on it as a platform for free speech and there are questions about what the potential growth opportunities are for this business. >> yeah. >> and how men pany people wanto use the platform roughly, julia, how long, if they do announce this deal and there is a go shop period are we talking a potential three weeks, six week, 12 weeks of uncertainty? >> i don't know, kelly this process could be announce

the very quickly we could hear an announcement soon and i don't know how it can drag out, if there were other bidders would we have heard about that >> exactly >> would twitter be in talks with those other bidders not necessarily the kind of thing where someone would decide oh, gosh, i need the opportunity in twitter. >> nothing focuses the mind like a deadline, that is also true. jewelia, we'll leave it there for now. thank you, julia boorstin. we could get any word before the close or thereafter. "power lunch" starts right now ♪ ♪ thank you, kelly see you in a couple of seconds welcome, everybody, to "power lunch. i'm tyler matheson, here is what's ahead on a monday yet another volatile day for the major averages and investors bracing for intense days of earnings opinion from bowing to big tech, should you