Morning Market Notes 02-19-25

Market Calendar

$SPX & $QQQ

The S&P pushed to new all-time highs right at the close of yesterday’s session, aligning with our reasoning for a continued pump to start the week.

Now, it’s all about the Dow Jones ($DIA)—if they manage to push it to the top of the range we talked about this past weekend, we’ll see new highs after new highs.

On the flip side, there is some momentum loss on $SPY and $QQQ, which might come into play. But I still believe the main watch is the Dow—everything else will follow.

Let’s have a sesh.

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