Saturday, August 01, 2026

Today's Headlines

Around X:

  • @Zerohedge 
  • @BarronsOnline
  • Had bullish commentary on (RDDT).
  • @IGSquawk 
  • @RealWayneRoot 
  • @ShadowofEzra  
  • @MarioNawfal
  • Bill Gates got Top Secret nuclear clearance while Fauci played personal editor. Sen. Rand Paul just dropped the documents and they are disgusting. Gates seemed to held a Q clearance from 2014 to 2021 full access to restricted nuclear data the entire time the country was locked down and lectured by the same circle. Fauci and his people were not just working with him. They were editing his manuscripts, destroying copies “in confidence,” and treating the Gates Foundation like an extension of the agency. NIH brass were privately scrambling to map how deep the foundation’s money went inside their own programs. DARPA brought them in for closed door biodefense briefings. This was not oversight. We're talking about a private channel running between the richest man in the room and the officials who controlled the public health response. They had the clearances, the access, and the protection. The rest of the country got the mandates, the shifting stories, and the consequences. The records are public now. This guys is even more despicable as the days go by. (pic)
  • Humanoid robots are now cleaning San Francisco homes for $30 an hour. A local company is sending bipedal machines into houses to vacuum, wipe surfaces, pick up clutter, and take out the trash. Same price range as a human cleaner, just with more joints and less small talk. It’s still early, invite-only, and partly remote-controlled. But the future where a robot shows up at your door with a mop just got a lot less theoretical. (video)
  • Spanish intel agencies reportedly warned the government of the Moroccan invasion of Ceuta well in advance, including rehearsals that were taking place before the event. They also told them about a large number of coaches that had arrived in the Moroccan town of Castillejos, the closest to the Ceuta border, where thousands of people had gathered. The government chose to ignore the warnings, and the rest is history. It was clearly a coordinated event. That raises the question: who paid for the buses, who organized it, and why? (video)  
  • @MJTruthUltra
  • @EricLDaugh
  • @Worldsource24
  • @MarybowdenMD
  • @RandPaul
  • @nogps1
  • @TomiLahren
  • @ElectionWizard
  • @BGatesIsaPsycho
  • @ScottPresler
  • @MattWalshBlog
  • @EmeraldRobinson
  • @HormuzReport
  • @EndTribalism
  • Joe Rogan just WENT OFF on CNN and the mainstream media for ignoring the Fauci hearing and claiming Americans do not care. “If you don’t think that’s news, you’re out of your mind.” “You shouldn’t be calling yourself the news.” “You’re just a propaganda arm for whatever pharmaceutical company is paying for your advertisements.” “This is a big issue for most Americans who went through that.” “People who lost their jobs.” “People who had to take a vaccine in order to go to work and got sick from it.” “People couldn't fly, they couldn't travel, they were vilified.” “They were called plague rats because they were questioning these things.” “You’re not supposed to be the arbiters of what we can and can’t concentrate on.” “That’s ridiculous.” (video)
  • RFK Jr. just revealed how they gained access to Fauci’s diary. Fauci kept years of entries on his government computer and emailed the entire thing to himself so he could use it to write a book. “He was keeping a diary for the book that he intended to write about his life.” “At the end of his term, just before he was leaving, he emailed the entire diary to himself.” “Years and years of keeping this daily journal, he emailed it to himself so that he could write his book.” “That’s how we found it, through those emails.” “This is a government computer, a government laptop, on government time.” (video
  • @Barchart
  • @ValerieAnne1970
  • @ArtifexMemor
  • @chadAbrazo
  • @andweknow
  • 200 MEMBERS OF CONGRESS TOOK IVERMECTIN FOR COVID — THEN THEY HID IT FROM YOU. Before the vaccines, ivermectin was a common off-label treatment for COVID. Joe Rogan was shouting it. 200 members of Congress quietly got treated with it. Then it was demonized. Why? Because it’s a cheap generic — about 30 cents a dose. The patent ran out. Anyone can make it. Big Pharma couldn’t profit from it the way they did from the shots. They pushed the jabs. They buried the cheap medicine that was already working. Follow the money. Always. (video)
  • @DrSimoneGold
OpenVAERS:  
SKirsch.com:

Friday, July 31, 2026

Weekly Scoreboard*


S&P 500 7,481.5 +1.0%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekly Market Wrap by Edward Jones.

Indices

  • DJIA 52,525.0 +1.1%
  • NASDAQ 25,344.9 +1.4%
  • Russell 2000 2,936.5 +.2%
  • NYSE FANG+ 17,173.0 +2.1%
  • Goldman 50 Most Shorted 301.1 +1.2%
  • Vaneck Social Sentiment 33.3 +.6%
  • Wilshire 5000 74,111.4 +.9%
  • Russell 1000 Growth 4,756.9 +.5%
  • Russell 1000 Value 2,474.2 +1.4%
  • S&P 500 Consumer Staples 942.3 +1.3%
  • Bloomberg Cyclicals/Defensives Index(Ex Telecom) 263.2 +3.7%
  • NYSE Technology 8,934.6 +.5%
  • Transports 21,082.9 -6.1%
  • Utilities 1,129.3 -3.8%
  • MSCI Europe Banks 135.4 +1.5%
  • MSCI Emerging Markets 64.24 +1.4%
  • Credit Suisse AllHedge Long/Short Equity Index 265.99 -.6%
  • Credit Suisse AllHedge Equity Market Neutral Index 135.79 -.4%
Sentiment/Internals
  • NYSE Cumulative A/D Line 620,696 +.3%
  • Nasdaq/NYSE Volume Ratio 19.9 +56.7%
  • Bloomberg New Highs-Lows Index 101 +774
  • Crude Oil Commercial Bullish % Net Position -10.8 -28.1%
  • CFTC Oil Net Speculative Position 81,689 +30.3%
  • CFTC Oil Total Open Interest 1,864,487 -.59%
  • Total Put/Call .97 unch.
  • OEX Put/Call .36 +4.6%
  • ISE Sentiment 179.0 +3.5%
  • NYSE Arms 1.05 -7.5%
  • Bloomberg Global Risk-On/Risk-Off Index 126.5 +.7%
  • Bloomberg US Financial Conditions Index 1.05 -6.0 basis point
  • Bloomberg European Financial Conditions Index 1.29 +11.0 basis points
  • Volatility(VIX) 16.6 -11.0%
  • S&P 500 Intraday % Swing 1.21 +92.6%
  • CBOE S&P 500 3M Implied Correlation Index 9.97 -2.4%
  • G7 Currency Volatility (VXY) 6.40 +4.6%
  • Emerging Markets Currency Volatility (EM-VXY) 6.96 +.6%
  • Smart Money Flow Index 18,230.3 -.7%
  • NAAIM Exposure Index  79.7 -4.3
  • ICI Money Mkt Mutual Fund Assets $7.854 Trillion -.1%
  • ICI Domestic Equity Long-Term Mutual Fund/ETFs Weekly Flows -$5.694 Million
  • AAII % Bulls 31.0 +4.7%
  • AAII % Bears 42.1 -.5%
  • CNN Fear & Greed Index 41.0 (FEAR) unch.
Futures Spot Prices
  • CRB Index 384.5 -3.9%
  • Crude Oil 85.1/bbl. -6.0%
  • Reformulated Gasoline 322.20 -6.2%
  • Natural Gas 2.75 -5.0%
  • US Power PJM Western Hub Peak Forward Y1 81.99 USD/Megawatt -1.9% 
  • Dutch TTF Nat Gas(European benchmark) 59.1 euros/megawatt-hour -6.5%
  • Heating Oil 414.3 -1.2% 
  • Newcastle Coal 134.0 (1,000/metric ton) -.7%
  • Gold 4,050.70 +.03%
  • Silver 57.90 -.5%
  • Bloomberg Industrial Metals Index 176.7 +1.0%
  • Copper 650.9 +2.3%
  • US No. 1 Heavy Melt Scrap Steel 395.5 USD/Metric Tonne -1.7%
  • China Iron Ore Spot 94.50 USD/Metric Tonne -1.4%
  • China Battery Grade Lithium Carbonate 21,725.0 USD/metric tonne n/a
  • Silicon Data LLM Token Expenditure Index 1.39(price per million tokens) -5.1% 
  • inSpectrum Tech Inc. DRAM Spot DDR5 16Gb 1Gx16 48.72 +.7%  
  • CME Lumber 614.5 -5.5%
  • UBS-Bloomberg Agriculture 1,447.4 -2.8%
  • US Gulf NOLA Potash Spot 340.0 USD/Short Ton unch.
  • US Gulf NOLA Urea Granular Spot 429.0 USD/Short Ton n/a
Economy
  • Atlanta Fed GDPNow Q3 Forecast +5.0% n/a
  • US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 12.8 -.1 percentage point
  • NY Fed Real-Time Weekly Economic Index 2.46 -14.3%
  • Caldara Iacoviello Geopolitical Risk Index 195.9 +27.0% 
  • Global Monitor Iran Instability Index 56.0 -2.0
  • Strait of Hormuz Oil Tanker Traffic Curtailed 90.0% -1.0 percentage point
  • US Economic Policy Uncertainty Index 310.20 +91.25%
  • Bloomberg Global Trade Policy Uncertainty Index 1.2 +.2
  • DOGE Total Taxpayer Dollars Saved $215.0 Billion($1,335.40 Savings Per Taxpayer) unch.
  • S&P 500 Current Quarter EPS Growth Rate YoY(305 of 500 reporting) +57.0% +24.1 percentage points
  • S&P 500 Blended Forward 12 Months Mean EPS Estimate 379.27 +3.54:  Growth Rate +30.1% +1.1 percentage points, P/E 19.4 -.1
  • S&P 500 Current Year Estimated Profit Margin 16.01% +25.0 basis points
  • NYSE FANG+ Current Quarter EPS Growth Rate YoY(7 of 10 reporting) +138.3% -190.9 percentage points
  • NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 924.63 +5.50: Growth Rate +78.3% +1.1 percentage points, P/E 18.4 unch.
  • Citi US Economic Surprise Index 38.3 -18.8 points
  • Citi Eurozone Economic Surprise Index 66.0 +16.3 points
  • Citi Emerging Markets Economic Surprise Index 26.2 +3.0 points
  • Fed Fund Futures imply 0.0%(unch.) chance of -25.0 basis point cut to 3.25-3.5%, 35.0%(+17.0 percentage points) chance of no change, 65.0%(+9.7 percentage points) chance of +25.0 basis point hike to 3.75-4.0% on 9/16
  • US Dollar Index 99.89 -1.6%
  • MSCI Emerging Markets Currency Index 1,885.2 +.8%
  • Bitcoin/USD 63,111.6 -2.2%
  • Euro/Yen Carry Return Index 209.4 -2.0%
  • Swiss Franc/Offshore Chinese Renminbi Cross 8.35 +1.0%
  • Yield Curve(2s/10s) 44.75 +10.0 basis points
  • 10-Year US Treasury Yield 4.74% +6.0 basis points
  • Japan 30-Year Yield 4.0% +1.0 basis point
  • Federal Reserve's Balance Sheet $6.691 Trillion -.1%
  • Federal Reserve's Discount Window Usage $5.656 Billion +21.3%
  • U.S. Sovereign Debt Credit Default Swap 39.8 -1.8%
  • Illinois Municipal Debt Credit Default Swap 185.7 +3.3%
  • Italian/German 10Y Yld Spread 81.0 -1.0 basis point
  • UK Sovereign Debt Credit Default Swap 18.2 -1.1%
  • China Sovereign Debt Credit Default Swap 38.0 -.6%
  • Brazil Sovereign Debt Credit Default Swap 125.1 +.8%
  • Israel Sovereign Debt Credit Default Swap 62.1 -6.1%
  • Dubai Sovereign Debt Credit Default Swap 66.9 -.2%
  • South Korea Sovereign Debt Credit Default Swap 22.8 -1.7%
  • China Corp. High-Yield Bond USD ETF(KHYB) 24.0 -.4%
  • China High-Yield Real Estate Total Return Index 119.9 +1.1%
  • Atlanta Fed Low Skill Wage Growth Tracker YoY +3.3% unch.
  • Zillow US All Homes Rent Index YoY +2.1% unch.
  • US Urban Consumers Food CPI YoY +3.0% unch.
  • CPI Core Services Ex-Shelter YoY +3.0% unch.
  • Cleveland Fed Inflation Nowcast Core PCE YoY +3.31% -2.0 basis points: CPI YoY +3.42% +5.0 basis points
  • 1-Year TIPS Spread 1.71 -21.0 basis points
  • 10-Year TIPS Spread 2.28 +3.0 basis points
  • Treasury Repo 3M T-Bill Spread 14.0 -12.5 basis points
  • 2-Year SOFR Swap Spread -14.25 +1.0 basis point
  • 3-Month EUR/USD Cross-Currency Basis Swap 1.25 +1.5 basis points
  • N. America Investment Grade Credit Default Swap Index 53.37 +2.0% 
  • BofA Private Credit Proxy Index 68.1 +.4%
  • America Energy Sector High-Yield Credit Default Swap Index 151.0 +48.5%
  • High-Yield Tech Sector OAS Index 454.25 -1.9% 
  • Bloomberg TRACE # Distressed Bonds Traded 208.0 +8.0
  • European Financial Sector Credit Default Swap Index 55.6 -2.7%
  • Emerging Markets Credit Default Swap Index 145.4 -1.9%
  • MBS 5/10 Treasury Spread 115.0 unch.
  • Bloomberg CMBS Investment Grade Bbb Average OAS 558.0 +4.0 basis points
  • Avg. Auto ABS OAS .43 unch.
  • M2 Money Supply YoY % Change +5.5% -10.0 basis points
  • Commercial Paper Outstanding $1,397.1B +.4%
  • 4-Week Moving Average of Jobless Claims 202,750 -2.4%
  • Continuing Claims Unemployment Rate 1.2% unch.
  • Kastle Back-to-Work Barometer(entries in secured buildings) 56.5 -.2%
  • Average 30-Year Fixed Home Mortgage Rate 6.72% +9.0 basis points
  • Weekly Mortgage Applications 247,200 -6.4%
  • Weekly Retail Sales +8.1% +10.0 basis points
  • OpenTable US Seated Diners % Change YoY +13.0% +2.0 percentage points
  • Box Office Weekly Gross $306.1M +57.7%
  • Nationwide Gas $4.11/gallon -.01/gallon
  • Baltic Dry Index 2,673.0 -2.6%
  • Drewry World Container Freight Index $4,254.7/40 ft Box -2.7%
  • China (Export) Containerized Freight Index 1,857.0 -2.3%
  • Oil Tanker Rate(Arabian Gulf to U.S. Gulf Coast) 205.0 -2.4%
  • Truckstop.com Market Demand Index 101.9 -11.0%
  • Rail Freight Carloads 293,062 -1.3%
  • TSA Total Traveler Throughput 2,862,797 +14.2% 
  • US Morning Consult Daily Consume Sentiment Index 90.6 -.5 point
  • Rasmussen Reports Daily Presidential Approval Tacking Poll 44.0% +1.0 percentage point
Best Performing Style
  • Large-Cap Value +1.3%
Worst Performing Style
  • Small-Cap Value -.1%
Leading Sectors
  • Software +7.3%
  • Internet +5.9%
  • Video Gaming +5.7%
  • Restaurants +5.5%
  • Airlines +5.2%
Lagging Sectors
  • Semis -2.9%
  • Road & Rail -3.4%
  • Homebuilding -3.8%
  • Utilities -3.9%
  • Coal -4.1%
Weekly High-Volume Stock Gainers (45)
  • REPL, IESC, AXTI, AMBA, PWP, AMCX, AMZN, SPXC, CDNA, CSTL, MSA, DXCM, DLB, ARXS, SPSC, BELFB, GTES, BETR, NVT, MPWR, KC, ETN, PGY, GIL, FND, GOOG, WY, GH, BABA, LECO, MTX, FSLR, WDC, MHK, STX, BE, NEOG, GSAT, WHD, QTWO, YUMC, PCOR, WBD and EDU
Weekly High-Volume Stock Losers (34)
  • SNDK, RTO, UPBD, AN, LRN, MOG/A, NXT, AU, LIN, MDGL, BBNX, RIVN, IMXI, SHAZ, MAX, NVO, LEA, AAPL, NBIX, PTCT, CTVA, COIN, ALHC, PRM, BTSG, OLN, MTZ, FLGT, GDDY, RDDT, VCYT, RBLX and GLUE
ETFs
Stocks
*5-Day Change



Stocks Reversing Higher into Afternoon on AI Infrastructure Build-Out Optimism, Earnings Outlook Boosts, Technical Buying, Tech/Industrial Sector Strength

Overseas Futures:

  • Nikkei 225 Futures: Indicating -810 open in Japan 
  • China A50 Futures: Indicating -90 open in China
  • KOSPI 200 Futures: Indicating -54 open in South Korea 
  • DAX Futures: Indicating +165 open in Germany
Portfolio:
  • Higher: On gains in my tech/industrial/financial sector longs
  • Disclosed Trades: Covered some of my (IWM)/(QQQ) hedges
  • Market Exposure: Moved to 100% net long

Monday's Earnings/Economic Releases of Note; Market Movers

Earnings of Note 
Company/Estimate 

Before the Open:
  • (CNA)/1.07
  • (CNH)/.10
  • (ECHO)/-.10
  • (KRYS)/1.73
  • (MAR)/3.08
  • (SBH)/.53
  • (TWST)/-.49
  • (TSN)/.98 
After the Close: 
  • (ADTN)/.10
  • (AEIS)/2.20
  • (ALSN)/2.48
  • (ANDE)/1.48
  • (BWXT)/1.04
  • (CLX)/1.64
  • (FANG)/6.12
  • (ICHR)/.31 
  • (JAZZ)/6.18
  • (ON)/.71
  • (POWL)/1.47
  • (STRL)/5.01
  • (TDW)/.46
  • (TKO)/1.41
  • (UCTT)/.53
  • (VRTX)/4.74
  • (VNO)/.57
  • (WHR)/-.06
  • (WMB)/.50 
Economic Releases 
10:00 am EST
  • ISM Manufacturing for July is estimated to rise to 54.0 versus 53.3 in June.
  • ISM Prices Paid for July is estimated to fall to 70.0 versus 73.0 in June.
  • Construction Spending MoM for June is estimated to rise +.2% versus a +.1% gain in May

Afternoon

  • Omdia Total Vehicle Sales for July is estimated to fall to 16.31M versus 16.52M in June

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The Atlanta Fed GDPNow Q3 update, Loan Officer survey and the (MRK) business update call could also impact global trading on Monday.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST