Today’s Market Pulse: Tech Capitulation and Blue Chip Rotation

Bill’s detailed analysis shows a significant divergence in US markets, where traditional indices surged while the Nasdaq Composite fell due to a sharp rotation away from technology stocks. The central theme is a “Risk-Off” capital rotation into defensive, value-oriented “Real Economy” sectors like Financials and Industrials, which benefited from a Federal Reserve rate cut and lower Treasury yields. The US report segments the market into five data groupings, offering INSTAT technical scores and specific bullish recommendations for Material stocks like Freeport-McMoRan (FCX) and Financial leaders like JPMorgan Chase (JPM). This positive movement contrasts sharply with severe weakness in Technology and FinTech, triggered by a major earnings miss from Oracle (ORCL), which signaled fears of an overheated AI spending cycle. The overall outlook confirms that investors are seeking safety in stocks with tangible cash flows and robust technical strength over high-growth speculative names. In addition to the US trading today, Bill reported on markets around the world, including the UK and Europe, Israel, Asia, and Australia.