Welcome everybody to overtime. I'm Scott Warpney, you just heard the bells. We're just getting started. Crowd strike earnings. They are imminent. We're going to get you those numbers, the stock move that follows and everything you need to know. We're also going to hear from Star Tech analyst Dan Ives today on what Elon Musk's latest move means for the future of his deal for Twitter.

That drama taking a new turn today.

We begin though with our talk of the tape, the fight overstocks.

That's what it is.

It's a battle that begins and

ends with the Fed and whether it will follow through on chair pals promise to

crush inflation or back off under the weight of a sure to sag US economy let's ask

Verdes investment partners, Chief Market

strategist Joe Taranova joins us now. It's good to see again is that that's what

this really feels like, Joe. It's a battle. Either you believe the Fed or you don't,

and you don't want to fight it or you do.

Yeah, I think what happened today, Scott,

is that we lost the technicals as the leading catalyst for which way the market is going to go.

You had the green light in the middle of August from technicals.

That green light quickly over the last several days since Chairman Powell's testimony.

It was flashing yellow and now you've got this red light.

So it's not the technicals anymore that you're paying attention to.

Now it's fundamentals.

Strong consumer confidence, strong jolts.

It elevates in terms of priority.

Thursday's ISM manufacturing report

and Friday's non-farm payrolls report with. the 75 which way is the Federal Reserve going to go.

...