Despite new Iran war setbacks, the stock market remains largely positive, with the bond market stable, with yields varying only slightly to the downside. The recent rally was largely due to bond yields going down as much as it did with oil plunging. The stock market is still overbought at a positive 7.89% on my trusted momentum indicator, the S & P Short Range Oscillator. This indicates that stocks tend to fall hard from these high levels, rather than work them off over time. The "Magnificent Seven" megacap tech stocks, owned by six of these companies, are seen as a significant factor in the market's growth. They are beginning to reap the gains of their spending, which is seen as significant as previously thought.