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Iran-Oman Agree on a New Hormuz Route, Jobless Claims Ease to a Five-Month Low, and Meta Joins Anthropic and OpenAI in Disclosing an AI Hack: 7 Reads Before Thursday's Bell

1. IRAN/HORMUZ: Iran and Oman Agree on New Shipping Route Through the Strait; Joint Statement Pending; Temporary Deal Reportedly Waives Tolls; Oil Steadies

Nitish Kishor | 06 August 2026

US Sector Performance Analysis: Health Care and Materials Lead as Investors Rotate into Defensive Growth

Following the technology-driven rally in the previous trading session, the US equity market experienced a notable sector rotation on 5 August 2026. Investors shifted toward Health Care and Materials while taking profits in Technology and Communication Services. Energy remained under significant pressure as weakness …

Robert Luong | 05 August 2026

US Sector Momentum Update: Technology Moves into Improving While Materials Lead the Market Rotation

The latest Relative Rotation Graph (RRG) for 5 August 2026 shows an important shift in US sector leadership. Technology has rotated into the Improving quadrant following a prolonged period of underperformance, while Materials, Industrials, Health Care, Consumer Staples and Real Estate continue to occupy …

Robert Luong | 05 August 2026

S&P 500 Hits Record 7,700 Close as Eli Lilly and Disney Earnings Beat, SpaceX Stock Falls 10%: 7 Reads Before Wednesday's Bell

1. IRAN/OIL: Houthis Claim Strike on Saudi Tanker Near Yanbu, Souring Hormuz Reopening Hopes; Oil Rebounds After 6% Tuesday Drop; CENTCOM Says Southern Route "Free and Open"

Nitish Kishor | 05 August 2026

US Sector Momentum Update: Technology and Industrials Continue to Improve While Utilities Slip into Lagging

The latest Relative Rotation Graph (RRG) for 4 August 2026 shows US sector leadership becoming increasingly balanced as growth-oriented sectors continue rebuilding momentum. Materials, Consumer Staples, Real Estate and Energy remain within the Leading quadrant, while Technology and Industrials continue strengthening in Improving. Utilities …

Robert Luong | 04 August 2026

US Sector Performance Analysis: Technology Soars as Broad-Based Buying Lifts Most Sectors

The US equity market extended its advance on 4 August 2026, with Technology leading a broad-based rally as investors continued rotating into growth-oriented sectors. Strong gains in Materials, Industrials, and Financials reinforced the constructive market backdrop, while most defensive sectors and Energy posted only …

Robert Luong | 04 August 2026

Oil Tumbles as Bessent Signals a Hormuz Deal This Week, Palantir Surges 15%, Caterpillar Jumps 8%, and SpaceX Faces Wall Street for the First Time: 7 Reads Before Tuesday's Bell

1. IRAN/HORMUZ: Bessent Says Deal to Reopen Strait "Today or Tomorrow" Is Possible; Oil Falls 4%, Yields Slide; Trump Calls Iran "Unbelievably Duplicitous"

Nitish Kishor | 04 August 2026

US Sector Performance Analysis: Communication Services Lead Broad-Based Rally While Energy Lags

The US equity market delivered another constructive trading session on 3 August 2026, with investors extending buying across most major sectors. Communication Services led the advance, while Industrials, Consumer Discretionary, Technology, and Materials also posted strong gains. In contrast, Energy was the only sector …

Robert Luong | 03 August 2026

US Sector Momentum Update: Leadership Remains Broad as Utilities Hold Firm in Leading While Technology and Industrials Improve

The latest Relative Rotation Graph (RRG) for 3 August 2026 shows US sector leadership remaining well diversified. Energy continues to dominate the market despite moderating momentum, while Utilities, Materials, Consumer Staples and Real Estate maintain their positions in the Leading quadrant. Meanwhile, Technology has …

Robert Luong | 03 August 2026

Trump Calls Off Iran Strike as Oil Crashes 6%, U.S. and Japan Confirm Joint Yen Intervention, and AstraZeneca-Bristol-Myers Merger Talks Surface: 7 Reads Before Monday's Bell

1. IRAN: Trump Cancels Planned Strike, Would Have Been Biggest Since WWII; Talks Set to Begin Monday Afternoon; Iran Denies Any Negotiations Planned; Oil Crashes 6%

Nitish Kishor | 03 August 2026
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