Charles Schwab's Nathan Peterson points to an "unwind" in in the NDX and RUT as a signal that investors are becoming more selective in technology stocks. It adds question marks ahead of Wednesday's Mag 7 earnings, which Nate believes hold many questions themselves when it comes to the future of CapEx spending, AI buildout, and software. On the macro front, Mike Townsend highlights what he sees as a straightforward FOMC interest rate decision. However, the Fed's future leadership is another story entirely.