SPX closed at $7,118 with tech ripping +1.76%, but the real action was in small-caps — NMAX ran +27% on monster volume and I'm grading today a B+.
Solid session overall. SPX $7,118 with tech carrying the index — that's two out of the last three days where tech is doing the heavy lifting while industrials and REITs bleed. Financials closing red (-0.26%) while energy ripped (+1.24%) alongside crude at $92.75 (+3.43%) tells me this isn't a broad-based risk-on rally. It's rotational. The Fear & Greed is sitting at 68 (Greed), which makes me cautious about chasing here — I want to see that number pull back before I add aggressively to anything.
My gold and silver positions had a good day. Gold $4,756 is holding the breakout level I've been watching all week, and silver at $77.92 (+1.87%) is starting to catch up. I'm not trimming either. Bitcoin at $78,945 is interesting — Crypto Fear & Greed is still stuck at 32 (Fear) while price is up 3.4%. That divergence is bullish. I'm holding my BTC position and watching for a clean break above $80K.
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