Chips and cloud ran the room today, and one insurer got left behind.

Chips and cloud ran the room today, and one insurer got left behind.

Futures set the tone early. SPY up 0.85, QQQ up 0.87. VIX sitting at 15.84 — nobody's scared. Gold added half a point. Asian markets unavailable overnight.

Intel up 2.61% to 102.94. AMD up 2.49% to 516.13. Both chips, same direction, same session — clean sweep. Amazon up 1.94% to 256.78. Salesforce up 1.94% to 247.72. Netflix up 1.83% to 77.40. Google up 1.77% to 338.50. Apple up 1.75% to 332.27. Tech ran as a unit today — tight spread, broad participation, no stragglers on the green side.

Two names went red. UnitedHealth down 2.37% to 379.09 — healthcare taking the day's biggest hit. Oracle down 1.74% to 150.28 — two meaningful losers this session, and both deserve the mention.

ETFs confirm the picture. DIA led at plus 0.97. SPY and QQQ locked in step at 0.85 and 0.87. IWM lagged at 0.41 — small caps trailing, large caps leading.

Nothing on the economic calendar today.

Earnings on deck. General Mills reports — consensus EPS at 0.72. FPS before the open, estimate at 0.24. AXR comes in at 0.44 expected. EPM after the close, estimate near a penny at 0.017. DDDX and HERE also reporting, no consensus available.

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