It's not that the stock market hasn't moved. We've seen several new all-time highs, and the S&P 500 is up by 1.6% in July so far. While 1.6% might not seem like much, it works out to more than 20% annualized. If your portfolio made 1.6% every month, you'd be very happy.

U.S. stock-market futures were little changed Sunday, as investors await the next tariff developments and a big week of quarterly earnings. Dow Jones Industrial Average futures were last up around 62 points,