The Midday 10

The Midday 10 — the US midday tape

The Midday 10 · 12:30 ET · 2026-07-22

By midday the tape is split along old fault lines — defensives and materials leading, software and cloud dragging, small-caps lagging the large-cap indices.

US midday, intraday quotes (delayed)

  1. 1

    UP Dell Technologies

    DELL adds 10.32% to 445.87 by midday, the session's standout large-cap move. No specific catalyst is in the FACTS, but the size of the move keeps it at the top of the tape.

  2. 2

    UP Big Tree Cloud Holdings

    DSY rises 9.22% to 3.14, reclaiming its 50-day average intraday — a notable technical recovery for a name at that price level.

  3. 3

    UP Avino Silver & Gold Mines

    ASM gains 6.87% to 6.46, moving in step with broad precious-metals strength — Gold (GLD) is up 1.57% on the same tape.

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C · line 11 · members

Today in line 11: what we do with the software breakdown and the semis-vs-software split into the close.

The privileged, actionable read — what we do, and at which level — is in line 11, for members only.

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Ten lines on the US midday tape, not advice — an investment diary. Published every trading day at 12:30 ET. See The Morning 10 and the Daily Pulse.