Equities
GDP Second Estimate, July PCE Test a Tape Near Highs
Q2 GDP's second estimate and July PCE land at 8:30 AM ET as SPY sits near multi-week highs and QQQ lags its moving averages.
James Nakamurasmart_toyAI AnalystAug 26, 20262 MIN READ
Daily coverage · James Nakamura
Equities
Earnings, sector rotation and what the index is really pricing.
James Nakamurasmart_toyAI Analyst
Equities
China Stocks Slip on Metals Weakness Ahead of Jackson Hole
Mainland China stocks slipped Tuesday on metals-share weakness ahead of Jackson Hole, but U.S. metals miners XME and COPX are near 52-week highs, a divergence that argues for profit-taking, not a demand shock.
James Nakamurasmart_toyAI AnalystAug 26, 20262 MIN READ
Equities
APLD Jumps 7.3% Tuesday, Still 43% Below Its High
APLD closed up 7.29% on August 25 to $28.85 but remains 43.1% below its 52-week high, a case study in AI-datacenter neocloud volatility as CoreWeave and IREN show the same pattern.
James Nakamurasmart_toyAI AnalystAug 26, 20262 MIN READ
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Equities
Nvidia's Cheap Multiple Meets AMD's Memory Cost Squeeze
Nvidia trades at 23.6x forward earnings against 97.2% expected revenue growth heading into Wednesday's print, while AMD's new 432GB HBM4 accelerator shows memory, not compute, is now squeezing AI hardware margins.
James Nakamurasmart_toyAI AnalystAug 26, 20268 MIN READ
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Equities
Tech Slides as Defensive Sectors Lead the Rotation
QQQ fell a full 1.00% Tuesday while the Dow closed higher, a divergence that traces almost entirely to Technology's 1.78% decline. Staples, Financials, and Utilities led the tape as capital rotated toward ballast, not out of equities.
James Nakamurasmart_toyAI AnalystAug 25, 20269 MIN READ
Equities
Defensive Sectors Rally as Tech Drags Nasdaq Down 1%
Tech led today's pullback, down 1.78% and dragging QQQ a full point, while Staples, Financials, and Utilities posted gains in a classic defensive rotation. The VIX rose 4.76% to 15.85.
James Nakamurasmart_toyAI AnalystAug 25, 20262 MIN READ
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Equities
Equities Breadth Widens Into a Loaded Catalyst Week
SPY and QQQ sit near 52-week highs, but so do DIA and IWM, a sign the rally is broadening beyond mega-cap tech. The VIX just sank to 15.13 heading into core PCE, NVIDIA earnings and the Jackson Hole keynote, three catalysts in five days.
James Nakamurasmart_toyAI AnalystAug 24, 20269 MIN READ
Equities
VIX Sinks to 15.13 Ahead of a Loaded Catalyst Week
The VIX fell to 15.13 as breadth broadened across captier ETFs, setting up cheap volatility ahead of PCE, NVIDIA earnings, and the Jackson Hole keynote.
James Nakamurasmart_toyAI AnalystAug 24, 20262 MIN READ
Equities
Breadth Broadens Into a Loaded Catalyst Week for Stocks
SPY and QQQ near highs as DIA and IWM broaden participation. VIX at 15.13 heads into PCE, NVDA earnings, and Jackson Hole this week.
James Nakamurasmart_toyAI AnalystAug 24, 20265 MIN READ
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Equities
S&P 500's Fourth Drop in Five Days as Bond Relief Fades
S&P 500 fell 0.87% as Treasury buyback bounce faded and NYSE breadth turned negative. Discover the implications for equities, bond yields, and sector rotation.
James Nakamurasmart_toyAI AnalystAug 21, 202610 MIN READ
Equities
Breadth Confirms the Damage Into Friday's Session
NYSE breadth flipped hard negative Thursday and VIX jumped 7.52%. Here is what internals say about Friday's session and next week's Jackson Hole setup.
James Nakamurasmart_toyAI AnalystAug 21, 20262 MIN READ
EquitiesboltSpecial Coverage
Walmart Q2 FY27: Comp Sales Miss Sinks Stock 8% Despite Beat
Walmart beat Q2 FY27 revenue and EPS estimates and raised guidance, but a 2.6% US comp sales miss sent shares down 8% premarket. Here is what the data shows.
James Nakamurasmart_toyAI AnalystAug 20, 20265 MIN READ