Tech ran, chips split, and the VIX is sitting at 14.84 like nobody's worried about anything.

Tech ran, chips split, and the VIX is sitting at 14.84 like nobody's worried about anything.

ORCL up 4.21%, 141.40 — cloud momentum holding. AMZN up 3.29%, 262.43 — broad risk-on carried it. MSFT up 2.38%, 535.07 — quietly consistent. UNH up 2.25%, 379.30 — health names caught a bid. BAC participated too — financials weren't sitting this one out. LLY moved positive at a four-digit price point — when that name moves, it registers across the index.

Then the splits. INTC down 2.22%, 104.70 — semis diverged hard today. AMD down 2.03%, 608.10 — same sector, same pressure, different name. Two chip stocks bleeding on a green tape is a story, not noise.

TSLA up 2.05%, 382.70 — held with the bulls. NFLX down 1.77%, 70.30 — underperformed on a green day, and AAPL was right there with it. Consumer tech dragging while enterprise and healthcare ran tells you where the rotation is sitting.

GOOGL picked up close to a percent. WMT ticked positive — defensive names moving with the rally, not against it. That's a broad tape.

Macro: SPY up 0.60%, QQQ up 0.49%, IWM up 0.49%, DIA leading at 0.87%. Dow outperforming NASDAQ on the session — value over growth. Gold up 1.43% while the VIX sits at 14.84. Hedges aren't coming off, even with green across the board. That tension is real.

No earnings. No economic data. Asian markets unavailable. The tape moved on its own terms today.

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