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Week Ahead (August 3 to 7): AMD, Eli Lilly Lead a Quarter of S&P 500 Earnings as Jobs Report Collide With Iran-Driven Oil Surge

The week ahead is one of the busiest of the Q2 reporting season, with more than one quarter of the S&P 500 due to post results, including names across technology, healthcare, energy, consumer, and industrials. The July nonfarm payrolls report on Friday is the …

Nitish Kishor | 02 August 2026

US Sector Performance Analysis: Consumer Discretionary Surges While Materials Tumble

The USEquitymarket delivered a mixed performance on 31 July 2026, with investors rotating decisively towards cyclical and consumer-oriented sectors. Consumer Discretionary led the advance by a wideMargin, supported by strong buying in retail and consumer-related companies, while Communication Services, Energy, and Industrials also posted …

Robert Luong | 02 August 2026

US Sector Momentum Update: Leadership Broadens as Utilities and Health Care Join Energy in the Leading Quadrant

The latest Relative Rotation Graph (RRG) for 31 July 2026 indicates that US market leadership has broadened significantly. Energy continues to dominate the market, while Utilities and Health Care have rotated into the Leading quadrant alongside Financials, Materials, Consumer Staples, and Real Estate. Meanwhile, …

Robert Luong | 02 August 2026

Global Markets Stage a Furious Rebound as KOSPI Surges 18%, Iran Strikes U.S. Bases, and Amazon's Cloud Beat Overshadows Apple's Services Miss: 7 Reads Before Friday's Bell

1. IRAN/GEOPOLITICS: Iran Strikes U.S. Bases in Kuwait and Bahrain, Egypt Port Hit as Hostilities Resume; Hamas Agrees to Disarm Conditional on Israeli Withdrawal; Saudi Arabia Proposes Maritime-Defense Alliance

Nitish Kishor | 31 July 2026

Fed Holds as Yields Hit 2007 Highs, Q2 GDP Slows to 1.5%, PCE Cools to 3.7%, and MSFT-META Split on AI Spend: 7 Reads Before Thursday's Bell

The Federal Reserve left its benchmark rate unchanged at 3.5-3.75%, with 3 of the 12 members of the rate-setting committee voting for a quarter-point increase instead. The 30-year Treasury yield rose to its highest level since 2007 as investors questioned whether the Fed can …

Nitish Kishor | 30 July 2026

US Sector Performance Analysis: Energy Rebounds While Industrials and Technology Lead the Decline

The US equity market experienced broad-based weakness on 29 July 2026, with only Energy and Consumer Staples finishing higher. Energy rebounded strongly after recent underperformance, while defensive Consumer Staples also recorded modest gains. In contrast, Industrials, Technology and Financials led the declines as investors …

Robert Luong | 29 July 2026

US Sector Momentum Update: Financials Rejoin Leadership While Industrials Turn Improving

The latest Relative Rotation Graph (RRG) for 29 July 2026 indicates that US market leadership remains well diversified despite continued moderation in Energy's momentum. Financials have re-entered the Leading quadrant alongside Real Estate, Consumer Staples and Energy, while Materials and Industrials continue strengthening within …

Robert Luong | 29 July 2026

Fed Decision at 2PM, Oil Jumps 6% on Iran Attack, and Mag 7 Down 8% Since June's Peak Into Earnings Week: 7 Reads Before Wednesday's Bell

U.S. Central Command said it intercepted multiple ballistic missiles after Iran launched a surprise attack on American forces in the Gulf, raising fears that fighting could resume after a days-long pause. Alongside Saudi forces, the U.S. carried out strikes on Iran-aligned terrorists in Iraq. …

Nitish Kishor | 29 July 2026

US Sector Momentum Update: Materials Strengthen While Health Care Remains Under Pressure

The latest Relative Rotation Graph (RRG) for 28 July 2026 suggests that US market leadership remains broad despite continued moderation in Energy's momentum. Financials, Real Estate, Consumer Staples, Communication Services and Utilities continue to demonstrate above-average relative strength within the Leading quadrant, while Materials …

Robert Luong | 28 July 2026

US Sector Performance Analysis: Health Care Leads as Technology Extends Its Pullback

The US equity market delivered another constructive session on 28 July 2026, with defensive sectors leading the advance. Health Care recorded the strongest gain, while Consumer Staples, Communication Services, Materials and Consumer Discretionary also posted robust performances. Financials continued to provide support for the …

Robert Luong | 28 July 2026
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