The S&P 500 is expected to hit new records after strong earnings from Meta and Microsoft, with the index set to open 0.9% higher this morning and reach above 6,400. Investor sentiment has improved, with 40.3% bullish and 33.0% bearish. The Nasdaq 100 closed higher and is expected to open at a new all-time high, driven by AI-related stocks. The VIX fell before rebounding, signaling potential market top. The Volatility Breakout System remains long on the S&P 500, showing solid profits. Crude oil hovers around $70 amid supply concerns and tariff headlines. Market outlook suggests caution with potential for profit-taking and defensive positioning in portfolios.

Read more at Investing.com: S&P 500: Can the Record-Breaking Rally Last?