7/23/25 Recap

The SPY continues the melt up, today we got news of a potential trade deal with the EU sending us higher mid day. I saw a stat yesterday on twitter that this was the longest stretch since the dotcom bubble where the market has closed over its 20 day average and I believe we were at 60 days currently and that stretch was almost 80 days. The point is, this is a pretty historic run and today we have our first megacap reports in Google and Tesla. Those aren’t the most important names but how Google reports on cloud and advertising will have ripple effects through alot of names. For now we continue this slow drift higher as this trend is seemingly unbreakable to the downside everyday.

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