AI-Powered Market Intelligence — Before the Bell
AUGUST 11, 2026 — MORNING OUTLOOK
Yesterday's Close
S&P 500
+0.06%
Nasdaq
-0.21%
VIX
15.42
90d: 14.77–23.34
GLD
$402.29
90d: $363.32–$432.49
10Y Yield
4.70%
90d: 4.38%–4.75%

What to Watch Today

With earnings season in full swing and materials leading, today’s focus is on breadth – can the upside broaden beyond cyclicals? A hold above SPY 775 would confirm the risk-on tone is durable; watch for a pullback to $768 if earnings disappoint and defensive bids
Market Pulse

SPY closed at $773.03, clinging to its 90-day high, while gold edged lower to $402.29 – a continued signal of risk appetite. The 10-year Treasury yield remains elevated at 4.70%, though stable, implying investors aren't aggressively pricing in future rate cuts despite the pause.

Sector Spotlight

Materials (XLB +1.8% 5d) are leading the charge — a clear divergence from defensive sectors and fueled by strong earnings reports across the industrial space. Health Care (XLV) is showing relative strength as well, benefiting from consistent demand, but XLB’s outperformance suggests cyclical momentum is building.

On Our Radar

We're watching ABNB (new highs — continuation play), HPE (broke $54 — momentum confirmation), and BMY (earnings tonight — pharma read across). Also monitoring GRMN (making new highs — secular growth story).

Portfolio Snapshot
MTD: +1.97% 0W / 0L
vs S&P 500: +1.97% alpha SPY +0.00%
Swing Trades
Income Holdings
Sector ETFs
Key Dates

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TradeWise Daily Pulse is for informational purposes only and should not be considered financial advice. Always do your own research before making investment decisions. Past performance is not indicative of future results.