Market Outlook – July 9

Markets are opening this week with a cautiously bullish tone, despite lingering macro risks. The S&P 500 is trading around 6,225, just below its all-time high near 6,284. The Nasdaq 100 is holding strong at 22,702, and Bitcoin continues its upward momentum at $108,000. Gold is consolidating near $3,304, and Nvidia remains a market leader, trading around $160.

Two macro headlines are top of mind this week: the Fed’s June meeting minutes, due Wednesday, and renewed U.S. trade war rhetoric—with new tariffs proposed on semiconductors, copper, and pharmaceuticals. These headlines could move markets quickly if traders start pricing in inflationary risks or central bank hesitation.

For now, trend-followers still have control, but the next data point could shift sentiment fast. I’m watching for tactical opportunities while keeping my eye on broader structural risks.

What if one free month could change your strategy?