83% of the S&P 500 have beaten their estimates...you'd think we were coming out of a recession or something.
If this market is going to pullback here, there is a ways to go before 38.2% retracement level is reached.
Strong recovery on T2108, but still below 50%
July would have finished in the red for the S&P 500 (SPY) if it weren't for the Mag 7 stocks. In 2025, they are responsible for 48% of the market's returns!
I said UnitedHealth (UNH) wasn't bouncing in June, and got roasted on X for it, but who's laughing now?
NVDA still dominating at all-0tiem highs the call buying. Endless money printing going on here.
Semis are losing some steam, but still appear to be the market leaders here.
Some divergence there popping up with the T2108.
By far the busiest week of earnings season!
Sector rotations show strengthening in real estate looking good here.