All right, sir, and thank you very much. Welcome everybody to overtime.

I'm Scott Wopney. You just heard the bells were just getting started, as always, from

Post-9 here at the New York Stock Exchange. We do have a big show ahead.

Tesla earnings, they are seconds away. We're going to have the numbers, the

stock reaction, the moment that report hits and debate what lies ahead for another marquee name

in this market. IBM and Las Vegas Sands are also breaking momentarily. Our

reporters are standing by for those results as well. And as we want as we wait

for all of those to hit we begin with our talk of the tape no doubt the biggest

story in the market today that is the rapid rise in rates whether it means the

rally is already on thin ice let's ask see and be see and be see and be see contributors

brin talking to him of requisite capital and Josh Brown.

He's the CEO of Riddhalt's wealth management.

It's good to have both of you with us.

That is, right, we're waiting for these numbers.

Those numbers are the ones that probably matter more than anything to stocks those being the two year and the ten year yield both moved up stocks move down

Tell me where the two year starts in the day and tell me where the two year or ten year ends in the day and

I'll tell you what the market's going to do. And so we're in this position

where the Fed is in control. The two year leads the Fed and as long as the

two year continues to go higher we will not

make a bottom in stocks and the equity rally will not continue.

Well it's just that simple. That simple. Josh Brown you agree with that I mean what are we talking about almost 260 today on the two year and you really could track it one for one rates up stocks down.

Yeah, I think it has been that simple for almost the entire year. I would add a little wrinkle.

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