Markets (^DJI, ^IXIC, ^GSPC) have experienced significant volatility this week, soaring to record highs before plunging sharply. To provide insight into the market outlook, Charles Schwab Head Trading and Derivatives Strategist Joe Mazzola joins Market Domination Overtime.

Mazzola highlights that the ongoing volatility has shifted investor sentiment on markets. He cites several factors contributing to this shift, including Fed officials' signals of higher-for-longer interest rates, hot inflation prints, and Nvidia's earnings release. "A lot happened in the middle of the week," Mazzola says, adding, "it's a lot for markets to digest." He notes that the only sectors that "had a good week" were tech and industrials.

"There's a lot of churn under the surface right now," Mazzola tells Yahoo Finance, as investors grow increasingly concerned about inflation outlooks and market valuations.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime.

This post was written by Angel Smith