'Fast Money' traders look ahead to trade deadlines, Fed meeting, and more Big Tech earnings

Market Trends & Economic Factors - This week's events, including the Fed decision, PPE data, and jobs report, could be an inflection point for stocks trading near records [1] - Markets are pricing in potential weakness in the labor market, despite current strength [4] - Tariffs are now six times higher than when Trump took office, representing the highest levels in post-World War history, which could become an issue [3] - Confidence is returning, leading to increased spending, particularly in CapEx [15] Company Performance & Earnings - UPS stock has been a disaster for 3.5-4 years, cut in half, indicating company-specific problems [5] - Coinbase's upcoming report is crucial given its recent run; strong results are needed to justify valuation [6] - Tech earnings, particularly Google's, are in focus; while Google had a good quarter and guidance, CapEx spending is now viewed with caution [7][8] - Meta's spending on talent and CapEx, coupled with Llama 3's performance, raises concerns about profitability [9][10] - Microsoft's Azure is gaining traction in AI sales due to its OpenAI relationship [11] Bond Market & Yields - The bond market is stubborn, with yields starting to tick up, indicating a potential shift in market sentiment [6] - There will be a level where the market starts to care about bond yields [7]