Daily Briefs

The day, morning to close.

Each trading day, paired: the morning brief on the left — what mattered before the open — and the afternoon note on the right — what actually happened by the close. Newest days first.

Thursday, August 13, 2026

Morning

Market Outlook — Thursday, August 13, 2026: Near All-Time Highs, XLK Leads, Commodities Signal Reflation

SPX 7,748.50 (0.58% from ATH), SPY $772.49, QQQ $723.70, IWM $302.71. VIX 14.60 (term ratio 0.696, deeply backwardated). Gold $404.92 (+3.91% 5d); silver $59.06 (+5.75%); WTI $81.68. XLK dual-timeframe leader.

Afternoon

S&P 500 Forecast — August 13, 2026

As of Thursday, August 13, 2026 (4:00 PM ET close), the S&P 500 closed at 7,798.99 — up +0.65% on the day and +0.59% WTD…

Wednesday, August 12, 2026

Morning

Market Outlook — Wednesday, August 12, 2026: Backwardation Holds, Breadth 100%, XLB New Sector Leader, QQQ Lags

SPY $770.56, QQQ $718.45, IWM $300.99. VIX 15.39 (term ratio 0.749, backwardated). Breadth 100% for 3rd session. XLB leads 5d (+2.38%); XLK worst 5d (-0.43%). July PPI in line: headline +2.2% YoY, core +2.4%.

Afternoon

Afternoon Market Commentary — August 12, 2026

S&P 500 closed at 7,748.50 on Wednesday, up +0.26% on a soft July CPI (+0.1% MoM headline, +0.2% core, both in line)…

Tuesday, August 11, 2026

Morning

Market Outlook — Tuesday, August 11, 2026: CPI Day Sets the Tone, Breadth Holds at 100%, XLK Extends Leadership

SPY $773.03, QQQ $720.87, IWM $299.98. VIX 15.52 (term ratio 0.756, backwardated). 100% breadth above 50d MA. XLK +4.65% 5d leads; XLU -2.77% 5d lags. July CPI today (8:30 AM ET): consensus headline +3.1% YoY, core +3.3%.

Afternoon

S&P 500 Forecast — August 11, 2026

As of Tuesday, August 11, 2026 (4:00 PM ET close), the S&P 500 closed at 7,728.20 — a modest -0.32% on the day versus Monday…

Monday, August 10, 2026

Morning

Market Outlook — Monday, August 10, 2026: Bull Trend Intact, CPI Tops the Week, Mega-Cap Tech Leads

SPX ~7758, SPY $773.26, QQQ $723.03, IWM $301.56. VIX 15.47 (term ratio 0.753, backwardated). 100% breadth above 50d MA. XLK +7.20% 5d leads; XLE -3.44% 5d lags. July CPI Tue Aug 11: consensus headline +3.1% YoY, core +3.3%.

Afternoon

S&P 500 Forecast — August 10, 2026

As of Monday, August 10, 2026 (4:00 PM ET close), the S&P 500 closed at 7,753.11 — essentially flat at -0.06% on the day versus…

Sunday, August 09, 2026

Afternoon

S&P 500 Forecast — August 9, 2026

As of Sunday, August 9, 2026, the S&P 500 sits at 7,757.64 — a record close set Friday August 7 on a -23K July payrolls miss that re-opened…

Friday, August 07, 2026

Morning

Market Outlook — Friday, August 7, 2026: Broad Strength, Mild Pullback, Bull Trend Intact

SPY $768.56, QQQ $714.65, SPX ~7700. VIX 15.29 (term ratio 0.744, backwardated). 100% breadth above 50d MA. XLK +5.46% 5d leads; XLU -2.87% 5d lags. No major events within 5 days.

Afternoon

S&P 500 Forecast — August 7, 2026

As of Friday, August 7, 2026 (4:00 PM ET close), the S&P 500 closed at 7,757.64 (per public.com realtime index print), up +0.62% on the session…

Thursday, August 06, 2026

Morning

Market Outlook — Thursday, August 6, 2026: SPX Holds Near New Highs, VIX Slides to 15.93, Breadth Still 100%

SPY $769.79, VIX 15.93 (a pullback day producing a VIX decline — the structural signature of a bull regime). Breadth at 100% into a fourth consecutive session. Tech leads decisively (XLK +11.61% 5d); cyclicals broadening into financials and materials.

Afternoon

S&P 500 Forecast — August 6, 2026

As of Thursday, August 6, 2026 (4:00 PM ET close), the S&P 500 closed at 7,709.96 (per public.com realtime index print), down -0.18% on the…