Welcome to Overtime I'm Mike Santoli in for Scott Wopner. You just heard the bells but we're just getting started

In a few minutes we'll hear from top market technician Katie Stockton the key market level she's watching plus her take on whether Apple will remain a

leader but we begin with our talk of the tape a test of the tape all three

major averages selling off today with growth stocks taking the brunt of the pain.

With today's losses, the S&P and NASDAQ snapped their longest weekly wind streaks of the

year.

So was this week's drop just a routine pullback or the beginning of something bigger.

Let's get right to our overtime panel.

Peter Chakini is director of research at Exonic Capital.

Sean Cruz is head trading strategist

the TD Ameritrade, and joining me here at Post 9, Neil Dura, he is head of economics

at Renaissance macro research.

Hello to you all.

Peter, I love to start with you here on the market sort of field position.

Yeah, I feel like a couple of weeks ago, a couple of months ago rather,

market was washed out enough oversold that both Bulls and Bears said,

we got a bounce here.

Two months later, great rally, retake more than half the losses.

I feel as if both goals and bears from this point of view would say probably need to pull back or rest a little bit.

Where would you be looking for the market to head from here in

terms of its next decisive move? Is the rally kind of run its course or is it just

pausing? I think it's run its course. You know since late last year we were calling for a late

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