AI-Powered Market Intelligence — Before the Bell
JUNE 02, 2026 — MORNING OUTLOOK
Yesterday's Close
S&P 500
+0.42%
Nasdaq
+0.77%
VIX
16.19
90d: 15.22–35.30
GLD
$415.55
90d: $399.20–$481.31
10Y Yield
4.47%
90d: 4.12%–4.67%

What to Watch Today

With VIX holding below 17 and the 10-year steady, today is a test of the risk-on bid as earnings season begins. The initial wave of reports – PANW, DG, ULTA – will set the tone for the week. Watch breadth (NYSE adv/dec) closely to confirm whether the tech lead is broadening or if the market is becoming increasingly reliant on a smaller group of names.
Market Pulse

SPY closed at $758.54, clinging to its 90-day high, while the 10-year yield sits at 4.47% – unchanged from yesterday. With VIX at 16.19, still near its lows, the market is pricing in continued calm as earnings season officially kicks off. Breadth remains positive, indicating tech’s momentum is still broad-based, not just confined to mega-caps.

Sector Spotlight

Technology (XLK +1.2% 5d) continues to lead, underpinned by AI-related names and strong momentum in semi-conductors. The XLK/SPY ratio is pushing to new highs, signaling outperformance. Health Care (XLV +0.8% 5d) is also showing strength, benefiting from defensive positioning and consistent demand.

On Our Radar

We're watching CRDO (earnings tonight — sector tone setter), AMD (testing $527.20 resistance — breakout potential), and CSCO (making new highs — momentum play). Also, ALAB is showing strength with no overhead resistance.

CSCO ALAB AMD CRDO LRCX
Portfolio Snapshot
MTD: +1.44% 1W / 0L
vs S&P 500: +1.02% alpha SPY +0.42%
Swing Trades
BRC CON FTNT HPQ LGND MS NBIX NDAQ NTAP RDDT ROK RPRX SNDK
Income Holdings
Sector ETFs
Key Dates

Subscribe

Get the morning email before market open.

View past editions →
TradeWise Daily Pulse is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions. Past performance is not indicative of future results.