SPX eked out a green close on tech muscle, but the rotation out of defensives and consumer was brutal. Crude's 5.8% surge was the day's real story — and I'm grading myself on whether I was positioned for it.
Tech saved the tape today. SPX closed at $7,600 with a soft +0.26% gain that masked serious damage underneath — Utilities down -2.99%, Consumer down -2.19%, REITs off -1.57%. This was not a broad rally. This was a tech-and-energy session while everything else bled quietly.
Be respectful. Slurs and harassment will be removed. Not financial advice.
One email each weekday. Same voice, same format, no spam.
Not financial advice. Do your own research.
I'll give today a B-. Got the tech long right, missed the crude move — that's the honest grade. Crypto Fear & Greed sitting at 29 (Fear) while BTC dropped -2.84% to $71,482 reinforces that I'm not adding there yet. Gold stop is $4,480; I'm holding but not adding on this dip until DXY shows a reversal. Energy is the trade I'm correcting for tomorrow — I'm looking at XLE calls in the first 30 minutes if crude holds above $91 overnight.