Meta just had a Friday like it owns the place — because right now, it does.

Meta just had a Friday like it owns the place — because right now, it does.

Futures are green but calm. SPY up 0.43, QQQ up 0.31. VIX sitting at 15 — no alarm bells. Gold flat. Small caps lagging, IWM down 0.42 while large caps hold. Classic risk-on rotation, money staying concentrated.

No earnings. No economic data. This was a pure tape day.

Meta up 5.97%, closing at 669. That's the headline. That's the session. One stock dragging the whole conversation.

Nvidia up 4.03% to 210.96. AI momentum, no catalyst needed.

AMD up 2.04% to 557.89. Rides Nvidia's coattail — that's the trade.

Now the other side.

Netflix down 2.78% to 73.37. Sharpest drop on the board. No earnings due, no obvious catalyst — this one needs watching.

ORCL down 2.48% to 140.64. Cloud names giving back gains.

INTC down 2.4% to 109.84. Structural weakness, not news-driven.

Lilly down 2.33% to 1188.58. Pharma getting rotated out while tech gets rotated in.

UNH down 1.64% to 424.62. Healthcare drags, nothing new.

Friday's story in one sentence: AI hardware and social platforms ripped, everything else got sold to fund the trade.

Asian markets unavailable tonight. Walk in Monday without that read — size accordingly.

Nothing on the calendar Monday. No scheduled earnings. That means the tape moves on momentum and macro headlines alone. Thin agenda days can whipsaw fast.

Numbers don't lie. People do. Trade accordingly.