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Schwab Network

SPX "Golden Cross" and Rotation Trade Kickstart 2H25

10 min2 juli 2025

The rotation trade has been on the minds of traders and investors to begin the 2nd half of 2025. Tom White joins Diane King Hall to dissect the trading patterns observed so far in the holiday-shortened week. For the S&P 500 (SPX), Tom's watching stocks trading above their 50-day moving average. He also highlights the "golden cross" taking place for the SPX, which could signal some technical bullishness ahead. Tom later discusses developments out of Washington D.C. as the latest iteration of Pres. Trump's tax and spending bill heads back to the House.


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