Tesla TSLA stock gained 2.21% after receiving Arizona robotaxi testing approval while facing headwinds in vehicle sales ahead of next month's earnings report.

The fact is, and it’s a very simple fact, that there is too much debt in the world.

The indices have crept further into extended territory, and technically remain bullish, but it’s this kind of territory where positions can be vulnerable to very sharp pullbacks, even if they’re temporary in nature.