All three of the major indexes (^DJI,^GSPC, ^IXIC) closed higher on Monday. There are some concerns, though, that the market may be becoming too "stretched," as Tematica Research CIO Chris Versace describes it.

The big reason for market enthusiasm has been the Federal Reserve's decision to cut rates by 50 basis points at its meeting last week. Andy Levin, Dartmouth College economics professor and former Federal Reserve Board special adviser, explains that the central bank's members didn't really follow their own communications policy when it came to making the decision. Meanwhile, Christopher McGratty, head of US bank research at KBW, a Stifel Company, explains what the cut means for regional banks.

Market Domination anchors Josh Lipton and Madison Mills also break down some of the day's top trending tickers, including Ulta Beauty, (ULTA) Boeing (BA), PayPal (PYPL), and Trump Media (DJT).

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