Thursday, July 24, 2025 – Tony’s Pre-Market Playbook

Too Quiet at the Highs? Stay Sharp, Stay Nimble

by Tony Rago

The S&P is pressing into new highs with a test of 6400 on deck — but the Nasdaq is still dragging its feet. Will ES have enough strength to lift all boats?

TSLA’s down in the pre-market, while GOOGL is catching a bid. All eyes on how retail responds to earnings when the bell rings.

So far, we’ve got quiet bullish action… maybe too quiet. These are the kind of sessions where complacency gets punished. Stay alert, trade what’s in front of you, and don’t assume smooth sailing.

I’ll be watching the open closely and letting the market digest the morning econ — PMI hits at 9:45 and New Home Sales at 10:00.

Jump into the main room with me at 10:00 — let’s navigate this together. In the meantime, make sure to check out today’s pre-market playbook report here!

 

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