The S&P and Nasdaq hit their highest levels of the year in the morning, after beats from some of the country’s biggest banks drove financial stocks higher. But the gains didn’t last long. Couple that with the move in rates and the dollar, how are the markets setting up now? And with Tesla, Netflix and more megacap names on the earnings calendar for next week, our traders take a look at the names to trade and fade into the the results.   Fast Money Disclaimer

The S&P and Nasdaq closed at their highest level in over a year and strength was felt everywhere from big tech to banks to energy. So has the Fed’s policy, amid slowing inflation, actually worked? Plus shares of Carvana have soared this year, but they’re still nearly 90% off their record. What’s next for the stock, and what are the debt markets telling us?   Fast Money Disclaimer