Tech is running, the VIX is relaxed, and Oracle just reminded everyone it still has a pulse.

Tech is running, the VIX is relaxed, and Oracle just reminded everyone it still has a pulse.

Oracle up five point six nine percent, closing at one fifty-four. Earnings catalyst, full stop. Tesla up five point four two to three seventy-six. Momentum, no fresh headline needed. Meta up three percent to six ten. Advertising dollars still flowing. Salesforce up two point nine two to two sixty-four — AI narrative holding. Microsoft up two point six eight to five ten, quiet and steady. Walmart up two point two to one oh eight — defensive money moving with growth money, which tells you risk appetite is broad. Nvidia up one point eight to two twenty-eight, lagging the sector it basically built. Broadcom down two point seven four to three fifty-seven — only red name in the room, and on a green day, that stands out.

JPMorgan added one point six four percent. Financials didn't sit this one out. Intel up one point eight — same day as Nvidia, both semis moving, different stories. Alphabet and Amazon both gained over one point five percent each. The mega-cap sweep was real today. Exxon slipped into the red while nearly everything else was green — energy was the odd sector out.

SPY up one point oh five. QQQ up one point one nine. IWM up just forty basis points — small caps trailing, large caps leading. DIA up one point one nine. Broad green, but not uniform.

VIX sitting at fourteen point three two. No fear in this market right now.

Nothing on the economic calendar today.

Earnings on deck before the open: Knop with a consensus estimate of fifteen point five cents. Also reporting: R-F-M-Z, A-R-D-C, B-D-J, Bysi, and Hurc. None are market movers at scale, but check your exposure.

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