The S&P 500 finished the session at 7,511. Breadth reads 64% of members above the 200-day average and 66% above the 50-day. SPY itself holds 9.5% above its own 200-day, keeping the long-term trend gate on. New 52-week highs outnumber new lows 28 to 4. The VIX sits at 16.4 — unremarkable.
SPY's dealer-gamma picture reads long gamma: net GEX of $36.7M across tracked expiries (delayed CBOE data). The call wall stands at $751 with the put wall at $755. Into the 2026-06-17 expiry, the straddle implies a SPY move of about ±$5.51, or ±0.73%. For QQQ the same horizon prices ±1.32%.
Sector-wise, the strongest three-month showing against SPY comes from Semiconductors (SMH) at +38.4%, ahead of Technology at +19.3%. At the other end, Energy (XLE) lags at -15.1%, with Utilities not far ahead at -14.2%.
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.