Tesla up 4.65% pre-market and the whole tape is green — Monday is not playing around.

Tesla up 4.65% pre-market and the whole tape is green — Monday is not playing around.

Futures first. SPY up 0.74. QQQ up 1.02. VIX sitting at 16.14 — fear is quiet. Gold ticking up half a point. Asian markets unavailable overnight. No economic data on the calendar today. Clean macro backdrop.

Now the movers.

Tesla up 4.65%, trading at 370.59. Biggest mover on the board and it's not close. Broadcom up 3.35% at 355.14 — semis leading. Oracle up 3.06% at 142.30, momentum holding from last week's AI infrastructure narrative. AMD up 2.95% at 633.91 — chips broad and firm.

UnitedHealth up 1.83% at 371.90. Defensive names catching a bid on a risk-on open is worth noting. Google up 1.56% at 343.50. Nvidia up 1.34% at 233.95 — smaller move but the stock doesn't need to scream to matter. Rounding out the gainers, Amazon up 1.33% at 251.52.

Now the red. On a tape this green, two names going the wrong direction stand out immediately.

Netflix down 1.16%. No broad sector weakness to blame — streaming-specific pressure while everything else rallies. Salesforce down 0.84%. Enterprise software sitting out the party. Both worth watching to see if they recover into the open or widen.

ETFs confirm the setup. QQQ leading at plus 1.02. IWM up 0.90 — small caps participating. DIA up 0.49, lagging but positive. Broad-based green.

Earnings today: Apogee reports before the open, EPS estimate at 64 cents. Lamb Weston also pre-market, estimate 61 cents. Axil reports after the close. ADVB, ANVI, and FBSI also on the calendar — no consensus estimates available.

One red pocket in a sea of green. Semis and mega-cap tech leading. Defensives tagging along. That's your Monday setup.

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