The S&P 500 finished the session at 7,554. Under the surface, 63% of index members are above their 200-day moving average and 64% are above their 50-day. SPY itself holds 10.2% above its own 200-day, keeping the long-term trend gate on. New 52-week highs outnumber new lows 28 to 5. The VIX sits at 16.2 — unremarkable.
On the options side, net GEX on SPY sits at $48.5M across tracked expiries — a dealer-long-gamma read on delayed CBOE data. The call wall stands at $760 with the put wall at $740. Into the 2026-06-16 expiry, the straddle implies a SPY move of about ±$3.75, or ±0.5%. For QQQ the same horizon prices ±0.94%.
Sector-wise, the strongest three-month showing against SPY comes from Semiconductors (SMH) at +45.2%, ahead of Technology at +22.3%. Utilities (XLU) brings up the rear at -15.7%; Energy is next-weakest at -14.6%.
This note is auto-generated from Tapelab's nightly market data. It reports what the data said on the date above — research commentary, not investment advice.