katie stockton joins us.t back. >>> shares of alibaba moving higher the company just out with quarterly results. revenue of $35.92 billion. the ceo said the company was able to navigate softer demand and supply chain issues due to covid-19 measures and expects continued recovery and consumer sentiment and economic activity. >>> phil lebeau joins with us a special guest. phil, the airbus/boeing saga, i like them both would you call it -- >> i think that's wise to like them both. >> would you call it -- it is a duopoly -- if i fly on a jet, i hope it is an airbus or a boeing. >> odds are it will be that's true. guillaume faury, the ceo of airbus, joining us here. we're glad to have you here on the set. and when i first said to these guys, look, guillaume is going to be in new york, we would love to talk with him and he would love to come on "squawk box," one of the main questions and these guys know we talk about it all the time is the state of the supply chain and you and i were talking up front, are you a lit

is above 4.6%. >> talking about the broader markets and key technical levels, jointing us is katie sto stockton talked about last time, since the beginning of the year has kind of held on to its gains, and i've talking about the s&p as well as bitcoin, is anything alternate this point done enough work in terms of building solid underpinnings to make this last? or do you still think that the support levels that you constantly talk about, those are still in play, much lower? >> we did see in january a lot of breakouts from a bottom-up perspective. that's something we like to see. however, since then we have seen enough of a pull back, and it brings us back total mega cap stocks and how important they are. we've seen massive outperformance from the nasdaq 100 versus the s&p 500, and that seems to be fleeting, and we think we'll see retracement. we've been talking a lot about sentiment lately in housing, and it's gotten what we call extremely greedy we can see it maybe yet in bitcoin. that greedy sentiment makes for a fragile -- as much as we've seen -- i would say it's more short term to medium te

seeing throughout the session joining us now is fair leaf strategies founder and managing partner katie stockton, she is also a cnbc contributor. katie, love to hear your interpretation of what we're seeing this week, this sort of churn in the indexes is it just kind of a healthy digestion of this rally, or is there something potentially that's a more dangerous loss of momentum >> well, so far we don't hav any clear cell signals into this rally. it obviously has entered a consolidation phase. what we're seeing is really outside of the major indices the s&p 500 still has the support of the short-term trend, albeit not as much as last week naturally, but what we're seeing is a loss of short-term upside momentum behind the likes of bitcoin and chinese equities so areas of the market that are a bit farther down the risk spectrum are certainly showing some cracks. >> yeah, that's an interesting i guess distinction to make right now because so many of those areas did seem to get kind of over excited in the first weeks of this year, and the question has been whether they can calm down and leave the ind

katie stockton probably feels the same way as you., though mike, thanks we'll see you again soon >> see you, guys thanks a lot >>> coming up after the break, we'll speak with the incoming ceo of crypto exchange, kraken, who reached a settlement with the s.e.c. over its staking problem. >>> but next, united airlines ceo scott kirby will join us on spring travel demand and a new push in his industry for sustainable aviation fuel. stay tuned, you're watching "squawk" and this is cnbc. >>> welcome back to "squawk box. some of america's biggest companies putting their weight behind what's called sustainable aviation fuel. i'm here to explain is phil lebeau and a special guest this morning. phil >> thank you, andrew let's bring in scott kirby, ceo of united airlines scott, you guys just announced a new investment fund, a sustainable aviation-oriented investment fund, united along with five other corporate partners will be collectively putting in $100 million to target start-ups that are developing sustainable aviation fuel, as well as techn

we'll ask market technician katie stockton for her latest charts and analysis on all of this >>> butforeign investment in that country. but is there a widening disconnect now with u.s. businesses we just talked a little bit about thatith vi wdad solman we'll talk about that story next when "squawk box" returns. go. go brain. no, not that one. go this one. go optimizing data. go efficiency. go results. emerson's plantweb digital ecosystem is the brain for smarter, safer and more sustainable performance. go plant go. go boldly. emerson. why are 93% of sleep number sleepers very satisfied with their bed? maybe it's because you can gently raise your partner's head to help relieve snoring. safer and more sustainable performance. so you can both stay comfortable all night save $1,200 on the sleep number 360 i10 smart bed. only for a limited time. every day, millions of things need to get to where they're going. and at chevron, we're working to help reduce the carbon intensity of the fuels that keep things moving. today, we're producing renewable diesel that can be used in existing diesel t

joining us now with a look at the market technicals, katie stockton, founder and managing partner at cnbc contributor. katie, good morning. >> good morning. so here we are on a fed day where the market again kind of gets up to a point where it's got some decisions to make in other words, whether this rebound rally really started back in october has further momentum behind it, can really break out of that down trend or if this is as far as it goes what's your technical work telling you at this point? >> it's definitely a pivotal week for the market in technical terms. we have the rally from january now lifting the s&p 500 into resistance you speak about the down trend line what i use is called the cloud model, and the cloud model shows resistance for this week of roughly 40, 50 s&p 500 is currently above that level, so if we see a weekly close so this friday a close above 4050 that would mark a short-term breakout per this cloud model and that would be an incremental positive it wouldn't necessarily mean that the down trend has fully reversed in fact, we'd need a bigger move for that