. >> and later bond king jeffrey gunlock just made a bold call on the markets. >> i think interest rates likely to go up. >> and he's got a way to make money using options. we'll break it all down. it's time to risk less and make more the action begins now. >> and let's get right to it because, as you know, it was a wild week for the markets and tech in particular the sector falling more than 3%, its worst week of the year as trade tensions are front and center and dan says there's one tech stock reporting earnings next week that could make or break the market rally let's get in the money what are you looking at? >> clearly in technology, they report wednesday after the close and the options market is implying a 5% move in either direction for that point and that is a 3.5% average over the last four quarters and what's interesting to me about this earnings event next week is that when they reported in mid-february they put up a stellar quarter and gave great guidance and this was after they had been six weeks into this recovery off of the q4 disaster and a lot of investors were very surp

i want to play a sound bite for you, richard, from a conversation i had with jeffrey gunlock, so-called bond king out of california, who talked about the fed specifically chairman powell and the pivot and then how he not only sounded but acted in the most recent news conference let's listen to that, and we can react on the other side, if we might. >> go ahead. >> frankly, jay powell's most recent press conference looked lost to me or maybe the right word is scared scared to say anything so we're kind of rudderless in terms of the fed they want things to be held together and they don't want to say anything or change their rhetoric or scare anybody. >> what do you make of that? are they gun shy because of those words that so upset the market earlier in the year, if not the end of last year >> i think i've said this on this show before, but just always reminds me -- he's a great investor but it reminds me what mickey mantle said about baseball the game is so much easier when you're in the broadcast booth rather than on the field so, you know, that's an interesting observation. he's never b