AI-Powered Market Intelligence — Before the Bell
JUNE 04, 2026 — MORNING OUTLOOK
Yesterday's Close
S&P 500
-0.52%
Nasdaq
-0.41%
VIX
16.36
90d: 15.22–35.30
GLD
$411.32
90d: $399.20–$481.31
10Y Yield
4.49%
90d: 4.12%–4.67%

What to Watch Today

With VIX holding below 17 and 10y yield steady, today’s character is earnings-driven. A busy calendar with AGX, GWRE, CIEN, LULU, IOT, COO, DOCU and PL all reporting after the close will dictate the tape, and the overall tone of these releases will likely set the direction for the next week. Watch breadth (NYSE adv/dec) to confirm the tech bid is broadening, or if it's contracting back into defensive corners.
Market Pulse

SPY closed at $754.24, flirting with its 90-day high, while the 10-year yield remains anchored at 4.49% — a stable backdrop for risk assets. VIX is printing 16.28, a move lower from yesterday’s 16.36, indicating easing anxiety as we head into a heavy earnings slate. Breadth remains firm, suggesting the rally has legs beyond mega-caps.

Sector Spotlight

Technology (XLK +1.2% 5d) is leading the charge — LRCX, WDC, CSCO and NTAP all hitting new highs signals broad-based momentum in the space. Health Care (XLV) is showing relative strength as well, outperforming the broader market by nearly 2% over the last week, likely driven by defensive positioning ahead of key data releases later this month.

On Our Radar

We’re watching LRCX (making new highs — no resistance), WDC (broke $570 — momentum play), ALAB (testing $354.53 — breakout attempt), and NTAP (lagging the AI cohort — bounce or break).

Portfolio Snapshot
MTD: +1.70% 7W / 8L
vs S&P 500: +1.95% alpha SPY -0.25%
Income Holdings
Sector ETFs
Key Dates

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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.