Welcome everybody to overtime. I'm Scott Wabner, you just heard the bells. We're just getting started. Game

stop and chewy earnings, they are imminent, the numbers and the stock moves. Of course, they are just ahead.

And in just a little bit, I'll speak exclusively exclusively to volatility expert Nancy Davis for the

latest on where the markets are heading in this new month and we do begin with our

talk of the tape up down all around are we in store for a lot of that yet again in June? Let's ask

Josh Brown. He is the CEO and co-founder of Rittholz Wealth Management, a

member of the Half-Time Investment Committee. It's good to see you as always.

What are your expectations?

What are you watching closer than ever right now?

I think like everybody else, I'm keeping an eye on yields and I'm thinking more and more about the

potential for some of the stock market weakness to leak into the real estate

market and then ultimately to see some of that in the form of

credit card issues and the corporate debt markets.

I really feel like we're in the point of no return.

You know, we've had pullbacks for stocks

that have lasted anywhere from a week to six weeks.

Ultimately, over the last few years almost every one of those

pullbacks very quickly resulted in a race back to new highs or what we began calling V-shaped bottom, V-shaped recovery.

That is not what's going on this time.

We're getting bounces and those bounces are being met with rolling over very quickly afterward and once you get into that

pattern for a longer enough period of time the sentiment kind of permanently turns and I think that that's where we are.

So this is going way beyond what the Dow and the NASDAQ were doing in any given day.

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