Trading Block: 6.5 month low. Breaking through big technical levels in the S&P. Huge move in VIX. A rundown of soft and hard losers. When Wal-Mart becomes a flight-to-safety. Everything is NOT awesome.

Odd Block: Strange and unusual activity in MSFT, PNK, and POT.

Mail Block: Listener questions and comments in response to Monday’s show.

• Comment 1 from @MarkBrant1KM: One thing I learned from Dr. J. that you guys don't discuss much is how return on margin is paramount to retail traders!
• Comment 2 from ‏@MarkBrant1KM: Main focus should be maximizing return on margin when trading options!

Mystery Block: Mark Sebastian discusses risk and reward.

Around the Block: Not going to hit all-time highs this week. What will the Fed do?