Monday July 28, 2025
Macro Snapshot – Global Markets Open Cautiously Higher
Markets are stabilizing following last week's volatile session, driven by shifting expectations around Q3 growth and inflation. Friday’s PCE report came in slightly above consensus (0.3% MoM vs. 0.2% est.), reigniting concerns about a delayed Fed rate cut. Treasury yields ticked higher, with the 10Y near 4.32%, while the dollar held steady against a mixed global FX basket.
Earnings season continues to influence sector sentiment. Big tech results this week — including Apple and AMD — are expected to test recent risk-on momentum. Meanwhile, Bitcoin hovered near $68K amid cautious flows into digital assets, driven by ETF rotation and speculation around potential SEC action on Ethereum spot ETFs.
In Asia, China’s industrial profits beat forecasts, lifting regional sentiment. However, capital flight concerns persist. Europe opened flat as the ECB reaffirmed its hold stance, citing mixed inflation and wage dynamics.
Top 10 U.S. ETF Signals
| Symbol | Name | Sentiment | Trend Score | Signal |
|---|---|---|---|---|
| TSLL | Direxion Daily TSLA Bull 2X | Bullish | 72 | ✅ Buy |
| SOXL | Direxion Semiconductor Bull 3X | Bullish | 85 | ✅ Buy |
| SOXS | Direxion Semiconductor Bear 3X | Bearish | 15 | ❌ Sell |
| SQQQ | ProShares UltraPro Short QQQ | Bearish | 22 | ❌ Sell |
| TSLZ | T-Rex Inverse TSLA 2X | Bearish | 12 | ❌ Sell |
| TQQQ | 3X ProShares UltraPro QQQ | Bullish | 90 | ✅ Buy |
| SPY | SPDR S&P 500 ETF | Bullish | 75 | ✅ Buy |
| SPXS | Direxion Bear S&P 500 3X | Bearish | 33 | ❌ Sell |
| MSTU | T-Rex Long MSTR 2X | Very Bullish | 92 | ✅ Buy |
| IBIT | iShares Bitcoin Trust ETF | Neutral | 63 | ⚠️ Hold |
ETF Spotlight: TSLL – Tesla Bull 2X ETF
TSLL rose sharply following Tesla’s stronger-than-expected Q2 earnings and margin resilience. Momentum has been fueled by analyst upgrades, increased Cybertruck production guidance, and improved U.S. EV policy tone. The ETF is outperforming broader discretionary peers and currently trades above its 20-day moving average. Liquidity remains strong, and beta is elevated — favoring active traders.
Sentiment: Bullish | Trend Score: 72 | Signal: Buy
ETF Spotlight: IBIT – iShares Bitcoin Trust ETF
IBIT remains rangebound, reflecting broader market uncertainty surrounding digital asset regulation. While Bitcoin ETFs saw modest inflows, volumes tapered from prior highs. The SEC’s delayed decision on ETH ETF approvals and hawkish Fed commentary have tempered speculative flows.
Macro drivers include tightening liquidity conditions, stablecoin velocity, and renewed miner outflows.
Sentiment: Neutral | Trend Score: 63 | Signal: Hold
Mondo Commentary
We remain cautious entering the final week of July. While technical momentum in equities remains constructive, macro headwinds — particularly inflation stickiness and Fed tone — may cap upside. Leveraged bull positions in semis, crypto proxies, and high-beta tech appear favored in the near term. Defensive shorts (SQQQ, SOXS, SPXS) underperform.