The S&P 500 closed at 7,420. Breadth reads 61% of members above the 200-day average and 54% above the 50-day. SPY itself holds 8.1% above its own 200-day, keeping the long-term trend gate on. New 52-week lows outnumber new highs 25 to 19. Volatility is unremarkable, with the VIX at 18.4.
SPY's dealer-gamma picture reads short gamma: net GEX of −$176.2M across tracked expiries (delayed CBOE data). The call wall stands at $750 with the put wall at $730. Options price a move of roughly ±$6.86 on SPY (±0.93%) into the 2026-06-18 expiry. For QQQ the same horizon prices ±1.37%.
Sector-wise, the strongest three-month showing against SPY comes from Semiconductors (SMH) at +41.1%, ahead of Technology at +20.0%. At the other end, Energy (XLE) lags at -16.2%, with Utilities not far ahead at -14.7%.
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.