The FTSE 100 is set to bounce a little after falling with other European stocks yesterday. Futures are up 0.2%. The pound is nearly flat for the session but has slipped well below $1.34 again following a rally for the dollar on Monday afternoon.

Buy the Dip investors will lover IBM’s drop on strong earnings, while value investors should look at Boeing’s setup for a $300 breakout. On the income/dividend side, ADM is quietly turning bullish with a 4% yield.

Defense stocks such as RTX (RTX) and Kratos Defense (KTOS) are under pressure after an early rally faded, despite President Trump touting hundreds of billions in EU military purchases. Cisco (CSCO) stock is slipping after Evercore ISI downgraded the company to In Line from Outperform,

Recently, analysts at EPFR, an ISI Markets company, caused a bit of a stir by publishing the chart above. It shows that margin debt used to buy stocks had climbed to the highest level on record in June,

A blockbuster deal to manufacture Tesla’s artificial-intelligence chips had Samsung stock jumping early Monday.

The energy purchases are a key component of a trade deal struck between the European Union and the U.S. over the weekend.

Meme stocks might be back, but activity in the options market shows investors aren't exhibiting the same appetite for risky bullish bets this time around. Mandy Xu, head of derivatives market intelligence at Cboe Global Markets,

"This year reminds us of the classic Charles Dickens quote, 'It was the best of times, it was the worst of times.'"