Elena Nikulina

Callum Thomas: S&P 500 eyes 7,500 ceiling as risk indicators rise

Callum Thomas: S&P 500 eyes 7,500 ceiling as risk indicators rise
S&P 500 tests 7,500 ceiling risk

Callum Thomas provides a weekly update on the S&P 500, highlighting the index’s approach to the 7,500 ceiling. He points to key market risk factors such as momentum, margin debt, leveraged ETFs, semiconductor performance, and valuations.

Thomas also discusses the outlook for commodities and notes a developing setup for software stocks.

Thomas has previously published a weekly S&P 500 chart review, sharing recommended sources for market analysis. In a separate post, he reported that tech and tech-related companies now account for half of all S&P 500 capital expenditure. These updates add context to his latest market overview.

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