In this week's episode David and Kevin discuss the S&P 500 continuing to be within a tight range, bearish market sentiment with large amounts of short selling, what would happen if the Magnificent 7 and software begin to participate to the upside, the continued strength internationally, precious metals, continued strength in value sectors, and what could conflict in Iran mean for the market.

In this week's episode David and Ian discuss the S&P remaining range-bound, differentiation between S&P 500 performance and the average performance of it's constituents. They also discuss market breadth, sentiment, the continued drawdown in software, how homebuilders are starting to look interesting along with transportation stocks even with the rough week for trucking stocks. They also discuss seasonality moving into the second half of February, interest rates and what a move lower in rates might mean for the broader market.

In this week's episode David and Ian discuss the move to the downside in Bitcoin and other crypto assets, the poor performance from mega cap names and software, the strength out of industrials, financials, small caps and mid caps. They also talk about market breadth, precious metals and materials, potential false breakdowns, and risk on and risk off behavior.