It's the last day of the month, and the market is exploding higher, in a strong risk-onmove driven by a series of stellar earnings in the Tech sector. The day is dominated by impressive rallies, although key divergences remain.
🇺🇸 US Equities (Pre-market/Open)
$SPX500 — Futures are moving decidedly higher, driven by the Mega-Cap rally.
$DJ30 — Up, as positive sentiment spreads.
$NSDQ100 — In a strong rally, the index is being pulled higher by $AMZN$ and $GOOGL$.
💻 Tech & Growth Snapshot
$NVDA (-0,82 %) — In a solid rise, the stock is outperforming and leading the AI sector.
$GOOGL (-1,49 %) — Rallying strongly, the market reacts with euphoria to its earnings, pushing the stock higher.
$AVGO (-1,82 %) — Slightly down, counter-trending the sector, showing weakness.
$META (-3,6 %) — Up, the stock is recovering lost ground and joining the positive sentiment.
$MSFT (-2,2 %) — Slightly up, attempting a modest recovery along with the Nasdaq rally.
$TSM (-1,52 %) — Slightly up, showing resilience in the chip sector.
$RR. (-0,07 %) — Slightly down, the industrial/aerospace sector is weak.
$RKLB (+0,93 %) — Slightly up, showing cautious optimism in the new techspace.
$RGTI (+0 %) — Up, the quantum sector follows the speculative sentiment.
🛍️ Retail & Commerce
$AMZN (-3,94 %) — Exploding higher, the stock is dominating the market with an impressive rally, clearly following earnings that beat all expectations.
$BABA (-2,58 %) — Falling sharply, continuing its negative performance, crashing against the US tech trend.
$CVNA (-1,14 %) — Up, the stock is participating in the risk-onmove and recovering ground.
$SHOP (-1 %) — Stable, failing to benefit from the $AMZN rally.
⚕️ Health & Pharmaceutical
$LLY (+2,54 %) — Slightly down, the defensive Pharma sector is being sold as capital rotates into Tech.
$HIMS (+3,1 %) — Stable, awaiting catalysts.
$INSM (-2,07 %) — Stable, the biotech sector is flat.
🇪🇺 Europe & Industrials
STOXX 600 — Mixed, Europe is not fully participating in the US rally.
GER40 — Mixed/Slightly down, reflecting uncertainty.
$LDO (+0,8 %) — Slightly up, the defense sector shows some strength.
$IBE (+0,13 %) — Slightly up, utilities are stable/positive.
$OKLO — Stable, the nuclear stock is flat.
$CS (-4,51 %) — Down, the European financial sector is weak.
🏦 Banking & Finance
$UCG (+1,08 %) — Slightly up, the Italian banking sector is mixed.
$ISP (-2,41 %) — Slightly up, showing modest strength.
$BPE (+0,51 %) — Solidly up, continuing its outperformance and positive trend.
$CE (+0 %) Up, another strong performer in Italian banking.
$BBVA (+0,76 %) — Up, the Spanish bank is recovering ground.
$AXP (+0,82 %) — Slightly down, the payments sector is weak.
$V (-0,89 %) — Down, following the weakness in $AXP$.
🌏 Asia
$JPN225 / $KOSPI / $HK50 / $CHINA50 — Closed mixed/negative, weighed down by weakness in Chinese stocks ($BABA$).
💱 Forex
$DXY — The Dollar Index is stable/slightly down, reflecting the conflicting sentiment.
$EURUSD — Stable/Slightly upagainst a weaker Dollar.
$USDJPY — Stable.
💎 Commodities & Precious Metals
$GLD (-0,32 %) — Stable, gold is flat, not benefiting from the defensive sell-off or the tech risk-on.
$CDE (-2,75 %) — Stable, following gold.
$BRENT / $WTI — Down, oil is dropping due to demand fears (e.g., $BABA data).
💰 Crypto
$BTC (-0,07 %) / $ETH (-0,04 %) — Up, crypto is following the risk-onrally led by $AMZN and $GOOGL.
$TRX (+0 %) — Up, the altcoin sector is participating in the positive sentiment.
$CRO (-0,14 %) — Up, in line with the sector.
📈 Benchmark ETFs
$VOO (-0,04 %) / $VGT (-0,38 %) / $CNDX — The real sentiment is being pulled higher by their main components.
$BND (+0,25 %) — Stable, investors are also looking for safety in bonds.
🔎 Deep Dive: The Great Earnings Divergence
Today is the definition of a "stock market," not a "market of stocks." There is no single sentiment. Quarterly results are creating massive divergences:
1. The Winners: $AMZN (-3,94 %) and $GOOGL (-1,49 %) are on fire, saving the $NSDQ100 single-handedly.
2. The Losers: $BABA (-2,58 %) is collapsing, signaling weakness in Chinese and speculative retail.
3. The Isolated Strong:Italian banks ($BPE (+0,51 %) , $CE (+0 %) ) and $BBVA (+0,76 %) continue to outperform.
4. The Defensives:Gold ($GLD (-0,32 %) ) is flat, while Pharma ($LLY (+2,54 %) ) and European financials ($CS (-4,51 %)
) are weak.
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⚠️ Disclaimer:Past performance is not indicative of future results. Investing involves risks, including the loss of capital.