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$XLK gained only 0.01 points today but that still registered as its 20th all-time high close of the year, & the 11 new highs this month is the most in July ever. $SPX has made 10 of its 15 new highs this month - you'll have to go back to 1954 to see more new highs in July (13).

RT @RRGresearch: *** LOOKING FOR BETA TESTERS ***. Here's a screenshot of the new hashtag#RRGchart app that we are developing for the @TheT….

16 of the biggest 20 $SPX stocks has lower Short Interest for the most recent filing. $GOOGL's number of shares sold short has decreased by 24% (lowest number in a year), ahead of $META (-19%) & $NVDA(-17%). Of the 20, only $JNJ had a significant increase (+15%):

AAII Bulls & Bears both decreased this week as neutrals had their largest 1 week gain since Sept 2024. Bull - Bear spread remains positive for 4th straight week:

33 stocks closed at ATHs today helping to drive the $SPX to its 12 ATH this year. $GEV +14.6% made its index-leading 31st high this year and is +91% YTD (behind only $PLTR & $WDC). $GD made its 1st ATH of the year:

Worst day in a month for $XLK (-0.93%) and best in 2 months for $XLV & $XLRE. ATH for $XLU, & 105 day high for $XLY:

The $SPX squeaked a new ATH today closing +0.06% higher. This is despite 404 stocks (80.3%) closing up more than 0.06%. this is because the trillionaires $NVDA, $MSFT, $AMZN, $META, & $AVGO closed lower, dragging the index down:

Of the top 25 cryptos 100% are above their 20 & 50MAs, 68% > 200MA. The cumulative Advance-Decline line is only 70 net advances away from a new high.

52 $SPX members changed RRG quadrant last week, half of which moved into Lagging. 6 moved in to Leading, 12 to Weakening, and these 8 into Improving, incl $GOOG, $SBUX, & $UPS:

Slight divergence in the weekly advance/decline line and the $SPX this week, with index +0.6% with 9 more decliners on the week than advancers:

Yesterday saw the 34th 52 week closing high of the year for $HWM (after making 62 last year). Of the other 37 SPX stocks with new highs, 6 made their 1st of the year:

41% gain in $XLK since its last 5% pullback. That's the biggest move ever, beating the 240 day 39.7% swing in 2017:

It's been 60 trading days & 23.6% since $SPX had a 5% pullback. This is the highest gain between 5% swings since the 28.3% gain over 104 days which ended in March 2024:

RT @CMTRandazzo: 📈 Not All Highs Are Created Equal. In February, the $SPX hit a new high, but under the hood, many stocks were struggling.….

The week's @AAIISentiment survey shows the Bull and Bears are almost equal, with a spread of only +0.3. This is the 1st time this year that the spread has been positive for 3 consecutive weeks:

S&P500 Tech sector currently makes up 33.1% of the $SPX by market cap - marginally below the record dotcom bubble level of 33.6% set in August 2000. $NVDA is practically the same size now as the entire sector was back then:

RT @CMTRandazzo: 📈 Tech still leads, Healthcare still lags—and Discretionary may be waking up. In today's Chart Advisor:. • $XLK hits new….

$XLK was the only sector to beat $SPX today (+0.9%) as $NVDA gained 4%, both closing at ATHs. Since April, the megacaps have dominated, with the equal-weighted S&P500 now underperforming the cap-weighted by 2.1% this year:

$XLV Health Care has made a 24 year relative low vs $SPX and is the worst performing sector this year (-1.8%). However, 3 sub-industries are +20% YTD (Health Care Distributors, Facilities, & Services) with Managed Health Care dragging the sector down (-34.7%):

10 $SPX stocks have doubled from their April lows, with $COIN +171%. $NVDA is 17th with +90%, or +$1.7 trillion in mkt cap.