Friday, August 07, 2026

Stocks Rising into Afternoon on Declining Fed Rate-Hike Odds, Earnings Outlook Optimism, Short-Covering, Tech/Alt Energy Sector Strength

Posted by Gary .....at 1:47 PM

Overseas Futures:

  • Nikkei 225 Futures: Indicating +400 open in Japan 
  • China A50 Futures: Indicating -7 open in China
  • KOSPI 200 Futures: Indicating +5 open in South Korea 
  • DAX Futures: Indicating +60 open in Germany
Portfolio:
  • Higher: On gains in my tech/biotech/industrial/consumer discretionary/transport sector longs
  • Disclosed Trades: Covered some of my (IWM)/(QQQ) hedges
  • Market Exposure: Moved to 100% net long

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