On today’s episode of Free Lunch, Ryan McQueeney covers volatility in Asian markets, trade war fears involving CAT, and positive earnings from LMT, MCD, and VZ. Later, he is joined by Brian Bolan to discuss today’s stocks selloff and a surprising bullish note on TSLA.Want more video content from Zacks? Subscribe to Zacks Investment News now!Free Lunch is presented by Zacks Investment Research. It is streamed live, four times per week, and features breaking news and analysis from Zacks strategists. Free Lunch is available on YouTube, Facebook Live, Twitter, Ustream, and more.U.S. stocks were down sharply in morning trading Tuesday, likely due to a cocktail of concerns about volatility in Asia, uncertainty in Italy, and ongoing trade war costs. These issues were underscored today by renewed selling in China and the EU’s decision to reject Italy’s budget, as well as Caterpillar’s CAT lowered guidance.On the first half of today’s show, Ryan recaps these headwinds, offering up both the key facts and his own read on sentiment. He also highlights earnings reports which were received positively this morning, including those of McDonald’s MCD, Verizon VZ, and Lockheed Martin LMT.Later, the host is joined by Zacks Strategist Brian Bolan to continue the conversation about today’s selloff. Bolan agrees with Ryan about the makeup of the market’s concerning cocktail, and he offers more perspective on the ongoing battle between bulls and bears.Bolan also spends time highlighting Tesla TSLA, which is surging right now as investors jump on a few interesting headlines related to the electric car giant. Notably, Tesla has moved its earnings report date up this week—implying good news to share—and noted short-selling firm Citron Research has officially switched its stance on the stock and now sees upside.Using Citron’s new bullishness as inspiration, Bolan lays out the valuation case for Tesla right now. Traditional value investors might scoff at the idea of a profitless company being a value buy, but according to Bolan, recent trends in the stock’s P/S ratio, P/B ratio, and revenue estimates make a compelling case.Finally, Ryan and Bolan cap off their conversation with a chat about upcoming earnings from Amazon AMZN and Alphabet GOOGL, as well as some speculation that the midterm elections could offer some respite from recent selling.Today's Stocks from Zacks' Hottest Strategies It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.See Them Free>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Alphabet Inc. (GOOGL): Free Stock Analysis Report Verizon Communications Inc. (VZ): Free Stock Analysis Report Lockheed Martin Corporation (LMT): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report Caterpillar Inc. (CAT): Free Stock Analysis Report McDonald's Corporation (MCD): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research