We have to respect any downside breakdown and be vigilant to see the next bounce happens because this is how things could really develop where you have a downside break that bounces, Notes Frank Cappelleri. He discusses the biggest takeaways from Jerome Powell's speech. He also evaluates recent market trends, highlighting crude oil (/CL) and mega cap stocks such as Amazon (AMZN), Apple (AAPL), Meta (META), and Alphabet (GOOGL). He then goes over what investors should know about chip stocks, as well as how the dollar (/DX) impacts S&P 500 performance. Tune in to find out more about the stock market today.