Tech is green across the board and the Dow futures are leading — that's your Sunday night setup heading into Monday open.
Tech is green across the board and the Dow futures are leading — that's your Sunday night setup heading into Monday open. Asian markets — no data overnight. Flying blind on the eastern read.
Transcript
Tech is green across the board and the Dow futures are leading — that's your Sunday night setup heading into Monday open.
Asian markets — no data overnight. Flying blind on the eastern read.
Futures: SPY up 0.85. QQQ up 0.87. DIA outpacing both at plus 0.97. IWM lagging at 0.41 — small caps not fully bought in. VIX sitting at 15.84, calm. Gold up 1.02 — hedge money still moving.
No economic calendar events today. Nothing on the macro tape to dodge.
Now the stocks.
INTC up 2.61%, $102.94 — semiconductor bounce.
AMD up 2.49%, $516.13 — chips moving in tandem.
UNH down 2.37%, $379.09 — healthcare bleeding while everything else pops.
AMZN up 1.94%, $256.78 — cloud appetite.
CRM up 1.94%, $247.72 — enterprise bid.
NFLX up 1.83%, $77.40 — momentum.
GOOGL up 1.77%, $338.50 — ad revenue optimism.
AAPL up 1.75%, $332.27 — steady.
ORCL down 1.74%, $150.28 — bucking the tech rally. While everything else is printing green, Oracle is sliding — that kind of divergence inside a sector sweep deserves a second look.
WMT up 1.34%, $107.15 — consumer staples catching a bid in a risk-on tape. Not the loudest name today, but staples lifting alongside tech tells you this move has width.
Tech is running a clean sweep on the leaders. Eight names, seven green, one red. UNH is the outlier — and in a broad risk-on session, that divergence is worth watching.
Earnings on deck: CBRL reports before the open, EPS estimate 0.0946 — Cracker Barrel, discretionary, low bar. CODA also pre-market, estimate 0.1163. CLSD reports after the close, estimate negative 0.2693 — biotech, loss expected. BRRE, EBZT, and GFAI have no consensus estimates published.
Low-volume Sunday night tape. Moves can exaggerate. The real confirmation comes at open.
Numbers don't lie. People do. Trade accordingly.