🟢 $SPX500 – +1.13% Today, All-Time Highs
The S&P 500 is up +1.13% today, smashing fresh all-time highs as softer July CPI data (+2.7% YoY vs 2.8% expected) fuels Fed rate cut hopes for September.
Key Levels: Support 6,350–6,370, Resistance 6,460–6,480.
Momentum: RSI bullish, no extreme overbought signals yet.
🟢 $DJ30 – Blue Chips Powering Higher
The Dow Jones gains in line with the S&P, driven by cyclicals and financials. Price action remains comfortably above major moving averages.
Key Levels: Support 44,150–44,200, Resistance 44,500–44,650.
💡 AI & Big Tech Highlights
- $INTC (-0,81 %) : strong semiconductor rebound with political tailwinds 🖥️⚡
- $META (+0,34 %) , $LRCX (-0,91 %) , $SEA: strong buy signals after solid earnings
- Semiconductor subindex: +3% today — AI momentum remains alive and kicking
🏦 European Banks — Movers Today
- $UCG (+0,68 %) , +4.77% last 7 days — in a strong bullish trend, near yearly highs, riding solid earnings and aggressive buybacks
- $ISP (+0,82 %) — consolidating above key levels, with one of the highest dividend yields in the sector
- $BPE (-0,44 %) — extending recent weeks’ rally, backed by strategic acquisitions and ~7% dividend yield
- $BBVA (-0,09 %) −, H1 2025 net profit up +31% YoY with a sustainable payout and strong international footprint
- $$CE (-0,36 %) — highly capitalized and conservative strategy, appealing for stable yield-focused investors
The European banking sector retains a relative strength profile compared to other cyclicals, supported by resilient earnings, generous dividends, and strategic M&A. UniCredit and BPER stand out for technical momentum, BBVA for earnings growth, and Credem for long-term stability.
📍 My Take
US markets are in full post-CPI rally mode, with S&P 500 and Dow Jones posting strong trends. AI and Big Tech remain the growth engines, while European banks deliver a rare mix of yield, earnings power, and strategic positioning.
Follow my profile (https://www.etoro.com/people/farlys) for clear, data-backed breakdowns on top opportunities — from Wall Street growth leaders to high-yield European financials. 📈🚀💎
$SPX500 $DJ30 $INTC $META $UCG.MI $ISP.MI $BPE.MI $BBVA.MC $CE.MI