Mac's going live at 8:45 am ET and here's what he's covering today:
Trump's on CNBC at 8:30 AM ET.
Kevin Warsh's confirmation hearing for Fed Chair kicks off at 10 AM ET. Trump's pick to replace Jerome Powell (whose term ends May 15) will face Senate Banking Committee questions on rates, inflation, and central bank independence.
Mac's watching the Russell 2000 closely for direction.
It's been quietly leading the major indices higher in 2026, with small-caps showing strong outperformance and even hitting fresh record territory recently.
That leadership often signals broader risk appetite... but could also flash the first warning on any pullback.
It's a big day for bonds and interest rate expectations as all eyes turn to the potential new Fed chair. With the recent war resolution already priced in, the market narrative could shift sharply unless we see major escalation.
He'll also break down key S&P 500 (hovering near 7,100–7,117) and Nasdaq levels if we see any pullback action.
Plus... BTC's monthly MACD setup is getting attention as a potential signal on whether the bear phase is exhausting.
And beta's breaking out across the board. Names like OUST, OSCR, IONQ, SYM, QBTS, AEVA, APP, RDDT, AUR, PLUG, CIFR, CRCL, TEM, DASH, HIMS, MP, RKLB showing real momentum.
Mac's also keeping an eye on FSD/EVs and Quantum as key risk-on barometers beyond semis. Watch the QTUM, KARS, DRIV ETFs, plus names like PCAR and UBER.
It's a packed morning with macro, policy, and high-beta rotation all colliding.
If you want the full breakdown and real-time levels, join the room.
See you in there.
— TheoTrade