Stock Market Today: Amazon Earnings Lift Stocks | Market Outlook with David Settle [5WxXS3KdLbL]
📊 Read today’s complete written Market Outlook Playbook free: 👉 🔓 Need a free Basic account? 👉 ▶️ WATCH THE MARKET OUTLOOK PREVIEW SERIES Follow the market’s continuing story through five essential charts after each market close: Amazon’s post-earnings surge helped lift the major indexes on Friday, July 31, 2026, but the headline gains did not tell the whole story. Apple declined, equal weight and small caps moved lower, semiconductors lagged, and long-term bonds weakened as yields rose. Market Outlook with David Settle from Market Scholars examines how the stock market today separated into powerful mega-cap leadership and softer participation underneath. Today’s five essential charts show what drove the advance, where the strength concentrated, why breadth withheld confirmation, and what would make the divergence more important after the next market close. 📊 IN TODAY’S FIVE ESSENTIAL CHARTS • SPY vs. RSP and IWM: Did the index rally reach the average stock and smaller companies? • Amazon: Can the post-earnings gap preserve the move that powered Friday’s advance? • MAGS vs. SMH: Why did mega-cap AI platforms pull away from semiconductors? • NYSE new highs vs. new lows: Did market breadth confirm the gains in the major indexes? • TLT: Could stabilizing long-term bonds remove one obstacle to broader participation? Friday’s central message is constructive but conflicted. Amazon supplied genuine earnings leadership, yet equal weight, small caps, semiconductors, and breadth did not confirm a broad advance. The next test is whether Amazon holds its earnings gap while equal weight improves and TLT stabilizes. If leadership fades before participation broadens, the narrow rally would become more concerning. ⏱️ VIDEO CHAPTERS 00:00 Amazon Soars, but Breadth Lags 00:40 The Indexes vs. the Average Stock 02:00 Amazon’s Earnings Gap 03:10 Mega-Cap AI Platforms vs. Chips 04:15 New Lows vs. New Highs 05:45 Can Long-Term Bonds Stabilize? 06:45 The Next Confirmation Test 07:20 Get the Free Market Outlook Playbook 🔓 CONTINUE WITH THE FREE PLAYBOOK Each public Market Outlook Preview uses five essential charts to frame what happened, what it means, and what to watch next. The free Basic Market Outlook Playbook expands the written analysis with market drivers, sector and industry rotation, breadth and market internals, intermarket and risk signals, additional charts, and the next-session Playbook. Read today’s complete written Playbook: 👉 Create your free Basic account: 👉 FREE BASIC MEMBERSHIP INCLUDES: ✅ Daily Market Outlook Playbook ✅ Daily Market Outlook emails ✅ Free Market Cycle Roadmap guide ✅ Complete Market Outlook video every Friday ✅ Ongoing market education from Market Scholars Market Scholars provides ongoing education in technical analysis, sector rotation, market breadth, intermarket relationships, and options education. Subscribe for future Market Outlook Previews with David Settle, and return after the next market close to see whether participation broadened. This content is for educational purposes only and is not individualized investment advice. #StockMarket #MarketOutlook #AmazonEarnings