SPX flat on the surface but the internals told a completely different story. Health, Utilities, and Materials ran while Tech dropped 2.71% — classic defensive rotation into a long weekend.
Flat index, ugly internals. SPX closed at $7,483.24 and printed exactly +0.00% — but that number is a lie. Under the hood this was a risk-off session dressed up as a quiet pre-holiday tape.
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.
Crypto Fear & Greed at 21 (Extreme Fear) while BTC is up 1.09% to $62,161. That divergence is exactly the kind of setup that precedes a move higher — I'm holding my BTC position, no trim. Gold is working, silver is working harder. I added a small silver position this morning and I'm not touching it.
Tech weakness cost me on a small index long I was holding — I stopped out at breakeven, which I'll call a win given the -2.71% sector print. The scanner flagged 0 qualified setups out of 456 tickers, which tells me the market is thin and choppy. Pre-holiday volume, defensive rotation, Fear at 32 — I'm not forcing trades.
Tomorrow is July 4th. Markets closed. I'm using the day off to build my watchlist around YRD and WBX for Monday's open.