CRM just punched the hardest in the room and tech is still limping out the door on a Friday.

CRM just punched the hardest in the room and tech is still limping out the door on a Friday.

Futures are calm. SPY up 0.18. QQQ up 0.31. IWM up 0.41. VIX sitting at 16.39 — nobody's panicking, but nobody's celebrating either. Gold slipped 0.57. No economic data on the calendar today. Asian markets unavailable overnight.

Now the moves.

Salesforce up 3.1% to 236.69. Best performer on the board. Clean. Netflix down 2.49% to 67.85 — sharpest drop today, no obvious catalyst. Broadcom down 2.15% to 343.64, semis dragged. Alphabet down 1.70% to 338.24, ad-adjacent pressure. Bank of America down 1.29% to 53.73. JPMorgan up 0.71% to 333.18 — financials split today, JPM was the cleaner story. Nvidia up 1.09% to 230.86 — green in a rough semi tape, that's notable. Apple down 0.81% to 330.32, quiet bleed.

Semi picture in one line: Broadcom down hard, Nvidia held green — the sector is not moving as one unit right now.

Now earnings. AGSS, ALP, BABB, CBIH, COOT, and CYCA are reporting. None of these are moving the broader tape today but check your positions if you're in any of them.

One more thing — four names outside the core eight worth a line. AMD up 0.65% to 615.73, green semi signal that reinforces the Nvidia read. Oracle up 0.56%. Exxon up 0.66%. Eli Lilly down 0.62% to 1149.85 — highest-priced name in today's signal set and it finished red. Small moves, but the pattern matters.

Friday close. No macro events. Futures pointing slightly higher. The market isn't running — it's watching.

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