O Neill Global Advisors chief investment officer Randy Watts since is a major pullback ahead.

I think the market is extended.

I think it's looking for an excuse to correct.

I think that correction has been put off a little bit by the stimulus bill that's coming down the pike and also the fact we've had such a good earning season where 2021 earnings have risen from an estimate of 1 65 to 1 70.

But I do think the market is really getting set up for a 5 to 10% correction.

Shares of lipstick maker Cody dropped 15%.

Weak demand for makeup as customer stayed at home drove down quarterly revenue, 16% take two interactive shares fell, the video game Publishers quarterly adjusted sales dropped and the company did not announce any new releases, frustrating investors.

After the markets closed, Twitter shares rose.

The Microblogging company's quarterly profit and revenue increased and beat estimates.

But it also warned that while the number of users grew 27% this rate would likely slow.