On the July 15 episode of The Drift, the weekly markets show hosted by thinkorswim and tastytrade founder Tom Sosnoff and trader Adam Mesh, Sosnoff shared his current read on the market, and the takeaway was more nuanced than a simple bull or bear call. Sosnoff started by making clear he is not turning bearish. "It's impossible to say bearish because, you know, the market's definitely still in an uptrend until it's not." He then broke his view down by timeframe. "I would say that if you're looking at it on a short term basis, meaning like a month or two, it's range bound. If you're looking at it in 2026 kind of terms, it's definitely still bullish." From there, the tone shifted. Sosnoff described the current tape as feeling tired and top-heavy. "I would like to think of this market as getting a little heavy here. To me, it feels heavy." He acknowledged the calendar is working against a bearish stance in the near term. "This is July expiration this week and tends to be a very bullish ex...