next day the stock dropped 9% so i'll start with you scott redler , whose going to meet, and beat this earnings season give us your names. >> i like the fact that you just said that about fedex because for the past week or two, even more, the narrative has been that there's bottleneck s and supply constraints so a lot of people know that this quarters not going to be so strong, and there might be even some guidance lower, so the question is going to be, the actual reaction to them, will they get a path, will they go down like fedex or is it priced in? so we don't have to look at that yet because we have the banks coming up this week so let's go week by week. right now the banks are getting hit which is a good thing because for some reason every time jpmorgan comes out and is coming out on wednesday, they are always trying to hit it whether they have a good report, bad report, awesome report so my plan is let them hit jpmorgan on the report, and then the next day it's usually viable and if we stay in this rising rates environment, which i think we will, i think that the 10 year gets bac

our "countdown" closer scott redler, keeping eye on the technicals.g maybe different than speeds the washout i'm seeing on my screen for technology, right? >> we're talking about a washout and the 10-year is barely ticking up. if you look at march the chart of the 10-year, the 10-year hit 1.%. 1.7%. we're well off the highs. most of the names broke off their 21-day. amazon is below the 200 day. facebook is testing the 200 day. 10 tech is still under pressure an 10-year is not at the march highs. that is keeping traders on the sideline, picking spots to trade. plus you have the qs, the qs are not at the 200 day. the qs at this level are 340. 340 on the qs which hopefully happens sooner than later so the slow bleed doesn't happen. you quill see where the keytek names are, apple, amazon, microsoft, to see where the 10-year is, where the equalibrium is, put real money to work besides just trades, lately every bounce has been sold, every dip hasn't worked more than a microsecond. traders are still watching because all the algorithms are programmed to when

to the floor show and our trader s kenny pulcari and scott redler. kenny big cap market names, the course for the quarter, will it be the lesser-known guys who actually set that chart of the quarter, or will it be the big names? >> well listen. first of all i think the whole tech space hangs specifically are overdone, i think they are overbought, certainly facebook has pulled back, i get it but overall, i think it's an over bought space so i suspect what we're going to get is we may get great earnings, blow all of the numbers up but you'll see some of these names pullback and i would not be surprised to see these names pullback. that being said, i think you're going to get some real performance from some of the secondary names so all the faang names nobody pays attention to because everyone thinks there's five tech stocks in the whole world there aren't, there's a whole slew of names out there. liz: there were during the pandemic, kenny. you know those names were providing the leadership the whole time. >> right, absolutely and i think you have to lo

right now brent is at about 84, so let us get right now to the floor show, kenny pulcari and scott redler pounce on this right now. come on $200 a barrel? >> i think 200 is a little bit rich for sure i think oil is going higher, i think demand is there but i think these calls for 200 is creating this hysteria and causing all these trader types to run right out with this momentum force these trades. i think it's a little bit rich. i don't expect it to go there and i would think if oil broke $100 we would start to see much more production coming out of the u.s. , which would tamp that down. liz: scott, i don't want to get wonky here but it's not wonky if you're talking about the energy markets rig count. a whole bunch of them have been firing up last friday, they always come out on a friday, we saw baker hughs giving a report that they were adding rigs, hand over fist, so, i mean, doesn't that at some point put a ceiling on the price? >> i agree. everyone wants to sell oil at these prices while they can get it and at this point 85 is probably high, but not crazy like the journal article is