Yields gave way and tech found its footing, yet Friday's jobs numbers loom large over our boosted AVGO

Morning brief: Our RDDT made a run for it, but surging yields and that VIX still give tech a serious case of the jitters

Market Rebounds as Fear Index Holds at 33: Equities attempt a bounce from a three-day slump as crude oil settles, though rising yields keep sentiment firmly in Fear territory. ASTS Surges 11.8% on Berenberg Buy Rating: AST SpaceMobile jumped 11.83% after Berenberg initiated coverage with a Buy rating and a $92 target, citing space cellular broadband leadership. Reddit Jumps 9.3% Ahead of Tech Conference: Reddit rallied 9.31% as strong commercial momentum and recent S&P 500 inclusion continue to attract buyers before an upcoming tech conference. Palantir Drops 5.8% on Valuation Pressure: Palantir fell 5.81% as profit-taking and surging bond yields pressured high-multiple software stocks despite securing a new Army defense deal. Watch Payrolls and Planet Labs Earnings Next: Planet Labs reports earnings after today's close, while tomorrow's non-farm payrolls report will dictate Fed rate policy expectations.

Market Rebounds as Fear Index Holds at 33

Equities attempt a bounce from a three-day slump as crude oil settles, though rising yields keep sentiment firmly in Fear territory.

ASTS Surges 11.8% on Berenberg Buy Rating

AST SpaceMobile jumped 11.83% after Berenberg initiated coverage with a Buy rating and a $92 target, citing space cellular broadband leadership.

Reddit Jumps 9.3% Ahead of Tech Conference

Reddit rallied 9.31% as strong commercial momentum and recent S&P 500 inclusion continue to attract buyers before an upcoming tech conference.

Palantir Drops 5.8% on Valuation Pressure

Palantir fell 5.81% as profit-taking and surging bond yields pressured high-multiple software stocks despite securing a new Army defense deal.

Watch Payrolls and Planet Labs Earnings Next

Planet Labs reports earnings after today's close, while tomorrow's non-farm payrolls report will dictate Fed rate policy expectations.

Posture: With Fear at 33 and rising yields capping sentiment ahead of key payrolls data, we maintain a cautious posture focused on selective quality dips.

Tickers in focus: RDDT, VIX

Upcoming earnings

• PL — 2026-09-03, After Market Close
• AVAV — 2026-09-09, TBD
• ADBE — 2026-09-10, After Market Close
• ORCL — 2026-09-14, TBD
• MU — 2026-09-21, After Market Close
• PEP — 2026-10-08, Before Market Open

Evening brief: Yields gave way and tech found its footing, yet Friday's jobs numbers loom large over our boosted AVGO

Fed Pause Hopes Spark Tech Rally: Falling Treasury yields and dovish Fed comments boosted risk appetite across major indexes ahead of Friday's labor market report. Robinhood Rips 16.57% on Upgrades: HOOD jumped 16.57% following bullish Wall Street upgrades and optimism surrounding its prediction market revenue drivers. Celestica Jumps 11.55% on Broadcom: CLS surged 11.55% as Broadcom highlighted booming cloud demand for high-speed AI switches and specialized server racks. Coinbase Rips 10.14% as Bitcoin Soars: COIN gained 10.14% driven by a crypto market breakout above $81,000 and optimism ahead of upcoming federal regulatory votes. Jobs Report to Test Market Rally: Friday's nonfarm payrolls report will decide if recent rate pause expectations hold or trigger fresh market volatility.

Fed Pause Hopes Spark Tech Rally

Falling Treasury yields and dovish Fed comments boosted risk appetite across major indexes ahead of Friday's labor market report.

Robinhood Rips 16.57% on Upgrades

HOOD jumped 16.57% following bullish Wall Street upgrades and optimism surrounding its prediction market revenue drivers.

Celestica Jumps 11.55% on Broadcom

CLS surged 11.55% as Broadcom highlighted booming cloud demand for high-speed AI switches and specialized server racks.

Coinbase Rips 10.14% as Bitcoin Soars

COIN gained 10.14% driven by a crypto market breakout above $81,000 and optimism ahead of upcoming federal regulatory votes.

Jobs Report to Test Market Rally

Friday's nonfarm payrolls report will decide if recent rate pause expectations hold or trigger fresh market volatility.

Posture: Cautiously opportunistic posture as Fear sentiment (35) offers attractive entry points amid falling yields and dovish Fed pause hopes.

Tickers in focus: QQQ, AVGO

Upcoming earnings

• AVAV — 2026-09-09, TBD
• ADBE — 2026-09-10, After Market Close
• ORCL — 2026-09-14, TBD
• MU — 2026-09-21, After Market Close
• PEP — 2026-10-08, Before Market Open
• BLK — 2026-10-12, TBD

The day's moves on the ledger

Every entry below is public and permanent.

• Sep 3, 2026 · MSFT — Sold @ $510 +32.5% (target-hit)
  Called take-profit at $510 — up 32% from our $385 entry, inside 10% of our value. Booked at the price of the call; it stays on the board this week so nobody misses it.
• Sep 3, 2026 · AMD — Stage change — → Buy Zone @ $460
  MSFT hit our value and freed its slot — AMD takes it: 21% to our $558 value at 30x forward on 50% growth, MI400 and EPYC as the second source every hyperscaler wants. Buy-zone.
• Sep 3, 2026 · MSFT — Stage change Hold → Take Profit @ $510
  Up 32% from entry and hovering within 10% of fair value; locking in gains on this rally.