I think the sell-off was overdone on Friday, says Matt Maley of Miller Tabak & Co. There is still a lot of uncertainty surrounding this new variant of Covid, he adds. Given the uncertainty will remain high for a while, bounce back to all-time highs is unlikely, matt thinks. He points out that the stock market was not acting all that well over the prior 2-3 weeks. He thinks inflation should still be a significant concern. He thinks Microsoft (MSFT) stock got ahead of itself. Tom White discusses a put butterfly options trade on Microsoft.