jeff kilburg is founder of kkm financial. ee you. >> frank, great to be here you are right. it is coil for some time >> we are bringing in something new. the wex word of the day. this is a word you believe will describe the trading day ahead >> with all u.s. major indices positive from the futures, my word of the day, frank, is launch look at the market it islaunch. there are a lot of tensions, but the reason this market is launching is because it is coil. we had a lot of consolidation and market contentions here we are getting poised to move higher. if you look at the strength index of the s&p 500, it is 58 when you see everything lining up inflation cooling and the fed minutes is allowing the market to release when you see the market this coil that torque in the engine. i love the negative sentiment. the market will move higher by 5% going through the end of may. >> something to watch. you are saying 4,200 we are at 4,125. i want to talk about the cooler than expected cpi. are there certain sectors or stocks you see benefitt

let's dig into hadthis with jeff kilburg. >> thank you, frank. >> every day, we ask the brightest mindsyour "wex" word of the day? >> abnormal. you are right. this week is a massive week. 178 s&p companies reporting. if you think of what we have with the diversity of the sectors delivering earnings report, i get excited. it is time to buckle your chin strap. here we are with better than expected earnings. vix closed at 16 on friday that could reveal complacency. when you look at the sour sentiment followed by positive data, inflation is abating that moves the market higher and busts us out of the range. we have been stuck 250 trading days tethered to 4,000 in the s&p if you look at the forward guidance on some of the companies, that may be the catalyst also, let's talk about th the 800-pound gorilla in the room the fed. dovish 25 basis point rate hike priced in. >> i want to get back to earnings coke, first republic and whirlpool. first republic what could that report tell us about the banking sector >> it could formalize the fact we are seeing the mid sized regional banks isolated. sil

jeff kilburg, kkm financial founder and cnbc contributor and dom chu who contributes probably more thanhow are you? good to have you all here. ed, let me start with you. i did not realize that there was a house select committee to study the chnts communist party and some members that have committee are going out this week to meet with, among others, bob eiger and tom cook explain why they are going to be talking about. >> so, the committee is i think relatively new i think with house transferring power over to the gop they have started to kind of formulate these commites to look specifically at what they consider big threats to the u.s. china, of course, is a big threat that both sides, both democrats and republicans have been looking at very carefully, but the meeting apparently, this big sort of trip out west is really just to kind of get a feel for what are you doingnent at the same time, and when are you doing in technology to give us the ability to compete better now it -- it's very political, of course, but, look, let's take a close look we buy half a trillion worth of stuff from

jeff kilburg, appreciate it. >>> regulators in the uk blocking microsoft's purchase of activision activision'sr from the final word on this deal is that true we'll look at what's next. >>> don't miss cnbc's newest show weeknights here at 007: p.m. back after this. >> so good to have you here with us we're talking about ai, and it's all over the headlines why is it so important right now? >> this is an exciting time. when we think about conversational and generative ai, this is not about chatgbt helping kids with their homework we can literally go from text to code that transforms the speed at which we can help enterprise unlock value so it's going to change absolutely everything, and no one can afford to sit on the sidelines. >> is this a new way of business here to stay >> the technology is going to keep evolving very quickly but this is not a fad. we're working with our clients to help them challenge absolutely every aspect of the business, from sales to marketing, to e-commerce, to supply chain, to packaging everything has an opportunity to evolve with the value of ai. >> what is it that co