Tech just ran the table on a Tuesday and nobody's complaining.
Tech just ran the table on a Tuesday and nobody's complaining. TSLA up 6.69%, closing at 419.77 — that's the loudest print of the session. AMD right behind it, up 6.61% to 552.05. Two names dragging the whole sector higher and they did it together. AVGO up 3.73% to 373.90, chips broad and…
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Tech just ran the table on a Tuesday and nobody's complaining.
TSLA up 6.69%, closing at 419.77 — that's the loudest print of the session. AMD right behind it, up 6.61% to 552.05. Two names dragging the whole sector higher and they did it together. AVGO up 3.73% to 373.90, chips broad and confirmed. META crossed 600 — up 2.98%, sitting at 600.29. That's a level people have been watching. ORCL up 2.49% to 143.76, quiet and steady. GOOGL up 1.82% to 366.46, trailing the pack but still green. BAC up 1.99% to 59.90 — financials aren't leading but they're not sitting out either. NFLX the lone red name, down 2.10% to 76.02. One loser in eight. That's a tight session.
QQQ finished up 1.43%. SPY up 0.87%. IWM up 0.44%. DIA up 0.42%. Tech led, everything else followed at a distance. VIX at 15.57 — fear is low. Gold data unavailable.
Asian markets — no data tonight.
Nothing on the economic calendar tomorrow. Clean tape.
Earnings after the close: AZZ with a consensus estimate of 1.71. CAG prints after close too, estimate at 0.46. ACZT, ARTW, BKSC, and DVTC also reporting — no estimates on those.
Semis ran hard. TSLA and AMD gave traders exactly what momentum players needed. META over 600 is the headline number to watch at the open. NFLX is the one name worth flagging — everything else was green and it couldn't hold. That's a relative weakness signal. File it.
Numbers don't lie. People do. Trade accordingly.