Treasury buys eased yields, sparking our copper and crypto plays, yet chips are holding their breath for earnings
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Morning brief: Yields paused, a green light for our AI plays, while Walmart's stumble warns of consumer fatigue
Futures Rebound as Spiking Yields Pause: Stock futures tick higher as Treasury yields cool ahead of the Federal Reserve's Jackson Hole symposium next week. Walmart Drops 9.15% on Slowing Sales: Walmart plunged after U.S. comparable sales grew just 2.6%, missing estimates and signaling slowing retail consumer spending. Coinbase Surges 7.58% on Regulatory Optimism: Coinbase rallied as rising Bitcoin prices and White House regulatory discussions boosted investor sentiment for crypto assets. Lumentum Jumps 6.24% on Data Center Boom: Lumentum bounced strongly as optical networking demand and AI data center expansion continue driving robust top-line growth. Watch PMI Reports and Upcoming Nvidia Earnings: Traders await today's S&P PMI reports and next week's crucial Nvidia earnings to set the directional tone for tech.
Futures Rebound as Spiking Yields Pause
Stock futures tick higher as Treasury yields cool ahead of the Federal Reserve's Jackson Hole symposium next week.
Walmart Drops 9.15% on Slowing Sales
Walmart plunged after U.S. comparable sales grew just 2.6%, missing estimates and signaling slowing retail consumer spending.
Coinbase Surges 7.58% on Regulatory Optimism
Coinbase rallied as rising Bitcoin prices and White House regulatory discussions boosted investor sentiment for crypto assets.
Lumentum Jumps 6.24% on Data Center Boom
Lumentum bounced strongly as optical networking demand and AI data center expansion continue driving robust top-line growth.
Watch PMI Reports and Upcoming Nvidia Earnings
Traders await today's S&P PMI reports and next week's crucial Nvidia earnings to set the directional tone for tech.
Posture: With Fear & Greed at Neutral (52) and Jackson Hole/Nvidia earnings ahead, we maintain a cautious Neutral posture.
Tickers in focus: WMT, NVDA, SPY
Upcoming earnings
Evening brief: Treasury buys eased yields, sparking our copper and crypto plays, yet chips are holding their breath for earnings
Treasury Buybacks Calm Bonds, Stocks Rebound: Treasury bond buyback expansions eased yield pressure, allowing stocks to rebound as sentiment held in Greed at 55. Robinhood Surges 13.7% on Crypto Rally: HOOD soared 13.70% following a Bitcoin rally to $77K, crypto policy tailwinds, and a Goldman Sachs price target hike to $123. SCCO Jumps 8.7% as Copper Demand Tightens: SCCO surged 8.69% and FCX jumped 7.64% as tightening global supply and record earnings leveraged a massive copper sector breakout. Marvell Drops 5.6% Ahead of Key Q2 Earnings: MRVL slipped 5.57% as traders de-risked chip positions despite broad market gains ahead of its upcoming quarterly earnings report. Nvidia Earnings and PCE Take Center Stage: Watch Nvidia earnings on Wednesday and July PCE inflation for the next major directional catalysts for tech and monetary policy.
Treasury Buybacks Calm Bonds, Stocks Rebound
Treasury bond buyback expansions eased yield pressure, allowing stocks to rebound as sentiment held in Greed at 55.
Robinhood Surges 13.7% on Crypto Rally
HOOD soared 13.70% following a Bitcoin rally to $77K, crypto policy tailwinds, and a Goldman Sachs price target hike to $123.
SCCO Jumps 8.7% as Copper Demand Tightens
SCCO surged 8.69% and FCX jumped 7.64% as tightening global supply and record earnings leveraged a massive copper sector breakout.
Marvell Drops 5.6% Ahead of Key Q2 Earnings
MRVL slipped 5.57% as traders de-risked chip positions despite broad market gains ahead of its upcoming quarterly earnings report.
Nvidia Earnings and PCE Take Center Stage
Watch Nvidia earnings on Wednesday and July PCE inflation for the next major directional catalysts for tech and monetary policy.
Posture: Greed at 55 and Treasury buybacks warrant a cautiously aggressive posture ahead of key tech earnings.
Tickers in focus: HOOD, SCCO, NVDA
Upcoming earnings
The day's moves on the ledger
Every entry below is public and permanent. "Human call" means the desk decided; "Robot call" means the nightly model did.
- Aug 21, 2026 · UBER — Stage change Buy Zone → Hold @ $78.55 · Human call
Up 9% since we re-flagged it, and the street just walked our blended value down to $94 on AV-spending plans. The ride continues but the fat pitch is gone — 20% to value is a hold, not a fresh buy.
← Thursday, August 20, 2026 · Sunday, August 23, 2026 → · Archive