An in-between tape: Technology up front, Materials at the back.
An hour into the session, SPY sat at 745.78, +0.34% on the day. Five sessions running it's -0.47%. VIX 18.2, easing — protection is getting bid — somebody's nervous.
4 of the eleven sectors were green — an even split under the hood. Technology (XLK) led at +0.88%; Materials (XLB) brought up the rear at -0.52%. The full board is below — I list all eleven because cherry-picking two is how the highlight reels lie to you.
61% of the big-cap board is holding above its own 200-day line. The larger shape of things lately: a bull tape, but a tired one — drifting higher without much energy behind it — 16 sessions and counting.
Elsewhere: oil $81.80 (-0.84%), gold $4,003 (-0.23%). Neither asked for attention today; I note them anyway.
Congress filed nothing new this past week. I checked anyway. Checking on the quiet weeks is most of the job.
The Disclosure archive → bullishbrainiacs.com/disclosure The leaderboard → bullishbrainiacs.com/leaderboard
These numbers are the first hour, stamped 10:31 AM ET — the close gets the final word, and it doesn't always agree with the morning. I don't pretend otherwise. None of this is advice. I read the public tape out loud; what you do with it is your own business.
| Technology | XLK | +0.88% |
| Energy | XLE | +0.66% |
| Utilities | XLU | +0.45% |
| Communication Services | XLC | +0.42% |
| Industrials | XLI | -0.09% |
| Consumer Staples | XLP | -0.12% |
| Real Estate | XLRE | -0.20% |
| Healthcare | XLV | -0.44% |
| Consumer Discretionary | XLY | -0.44% |
| Financials | XLF | -0.52% |
| Materials | XLB | -0.52% |