Category: S&P

S&P 500 Futures

#emini #spfutures #SP500 #ES, #MES

Market Summary:

Copper at OS support.  Gold and Silver in consolidation.

Crude moves higher on Yemeni threats of red sea transit closure. Natural Gas moves up slowly.

The US 30yr Treasury – Oversold. A break above the downward channel boundary remains the objective,
The 10yr yield at 4.97%. The expected overbought level for the 10yr yield at 4.98%.

The US Dollar – The USD a new short entry. War$’s + rising crude + rising interst rates + rising inflation

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S&P 500 Futures   #ESZ26, #MESZ26  (DEC26 contract change)

Monthly –Monthly bar now below the prior month. Trade pressures remain up,  Volumes closed the month of August as bullish.  The 7906 price is the new high.  The next target up is 8752.  A close below 7575 would confirm any weekly move lower.

Weekly – The weekly bar below the prior week’s close.  Trade pressures remain up, but declining. Volumes are now bullish.  The next target down is 7615. A close below 7615 would confirm any daily move lower.

Daily – Flat.  4th rally to the upper median parallel in attempt to break out. Trade pressures are down, but rising,  Volumes are bullish.

The next target down is 7609. The expected oversold level declines to 7565.

A close above 7743 would confirm signal higher to 7824. 9/13, testing this resistance again. The expected overbought level declines to 7730.

[OB/OS channel is declining.]
The VIX closes below 19, at 15.80 indicating market remains investable.
The Hedgeye.com VIX risk range is 14.33 – 18.77.

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Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is reset to $100,000 for the 2026 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
    Up 17% for the 2023 Year.
    Up 42% for the 2024 Year.
    Up 48% for the 2025 Year

Portfolio stock values for 2026. 
The portfoliodeclines to $189,000.
The Year-to-Date portfolio performance is up 89%.

The Hedgeye.com GDP nowcast has GDP growth slowing and inflation rising (Quad 3) in the 3rd quarter, re-accelerating in the 4th quarter with both growth and inflation rising and slowing once again in the 1st quarter of 2027.

6/26 – Now all cash for the summer; re-entering late July or early August, or re-entering if Navellier adds more defensive names.
7/25 – Quad shift (GDP and Inflation) to Quad 3 from a Quad 4 is likely in early August. Will look to re-enter positions.
8/2    – Re-entering the new Top 5 at the next open. CIEN, DINO, ENLT, MU, STX.
8/29  – replace Sinclair (DINO), Enlight Renewable Energy (ENLY), and Seagate Tech (STX) with Marathon Petro (MPC), PhillIps 66 (PSX), and San Disk (SNDK) at the next open.

The S&P 500 YTD return is 10.90%

S&P 500 Futures

#emini #spfutures #SP500 #ES, #MES

Market Summary:

Copper at resistance, In a narrow range, readying for up or down.  Gold and Silver moves down to consolidation area.

Crude moves up off retest of breakout levels. Natural Gas moves up slowly.

The US 30yr Treasury – A break above the downward channel boundary remains the objective,
The 10yr yield at 4.78%. The expected overbought level for the 10yr yield at 4.84%.

The US Dollar – The USD a new short entry. Treasury actions?

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S&P 500 Futures   #ESU26, #MESU26

Monthly –Monthly bar close remains above prior month. Trade pressures remain up,  Volumes closed the month of August as bullish.  The 7838 price is the new high.  The next target up is 8684.  A close below 7507 would confirm any weekly move lower.

Weekly – The weekly bar at the prior week’s close.  Trade pressures remain up, but declining. Volumes are now bullish.  The next target down is 7667. A close below 7590 would confirm any daily move lower.

Daily – Flat.  Another rally to the upper median parallel in attempt to break out. This is also another potential lower high. Trade pressures are up,  Volumes remain bearish.

A close above 7764 would signal higher to 7838. Testing this resistance now. The expected overbought level declines to 7781.

The next target down remains 7638. The expected oversold level rises to 7652.

[OB/OS channel is narrowing.]
The VIX closes below 19, at 14.53 indicating market remains investable.
The Hedgeye.com VIX risk range is 13.75 – 16.33.

__________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is reset to $100,000 for the 2026 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
    Up 17% for the 2023 Year.
    Up 42% for the 2024 Year.
    Up 48% for the 2025 Year

Portfolio stock values for 2026. 
The portfolio rises to $190,000.
The Year-to-Date portfolio performance is up 90%.

The Hedgeye.com GDP nowcast has GDP growth slowing and inflation rising (Quad 3) in the 3rd quarter, re-accelerating in the 4th quarter with both growth and inflation rising and slowing once again in the 1st quarter of 2027.

6/26 – Now all cash for the summer; re-entering late July or early August, or re-entering if Navellier adds more defensive names.
7/25 – Quad shift (GDP and Inflation) to Quad 3 from a Quad 4 is likely in early August. Will look to re-enter positions.
8/2    – Re-entering the new Top 5 at the next open. CIEN, DINO, ENLT, MU, STX.
8/29  – replace Sinclair (DINO), Enlight Renewable Energy (ENLY), and Seagate Tech (STX) with Marathon Petro (MPC), PhillIps 66 (PSX), and San Disk (SNDK) at the next open.

The S&P 500 YTD return is 13.18%

S&P 500 Futures

#emini #spfutures #SP500 #ES, #MES

Market Summary:

Copper in a pullback after a run to 66.84. Gold and Silver huge rally, now followed by a sharp drop..

Crude breaks out and now retesting the breakout area. Natural Gas continues basing.

The US 30yr Treasury rises to test the cannel boundary, The 10yr yield at 4.72%.
The expected overbought level for the 10yr yield at 4.76%.

The US Dollar – The USD a new long entry.

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S&P 500 Futures   #ESU26, #MESU26

Monthly –Monthly bar new high and the close remains above prior month. Trade pressures remain up,  Volumes closed the month of July as bullish.  The 7838 price is the new high.  The next target up is 8684.  A close below 7507 would confirm any weekly move lower.

Weekly – The weekly bar retraces sme of the selloff.  Trade pressures remain up, but declining. Volumes remain neutral.  The next target down is 7667. A close below the 7590 would confirm any daily move lower.

Daily – Flat.  A rally to the upper median line followed by a another selloff; establishes a lower high. Trade pressures are up,  Volumes remain bearish.

The next target down remains 7638. The expected oversold level rises to 7620.

A close above 7782 would signal higher. The expected overbought level declines to 7788.

[OB/OS channel is widening.]
The VIX closes below 19, at 14.56 indicating market remains investable.
The Hedgeye.com VIX risk range is 14.26 – 16.47.

__________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is reset to $100,000 for the 2026 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
    Up 17% for the 2023 Year.
    Up 42% for the 2024 Year.
    Up 48% for the 2025 Year

Portfolio stock values for 2026. 
The portfolio declines to $182,000.
The Year-to-Date portfolio performance is up 82%.

The Hedgeye.com GDP nowcast has GDP growth slowing and inflation rising (Quad 3) in the 3rd quarter, re-accelerating in the 4th quarter and slowing once again in the 1st quarter of 2027.

6/26 – Now all cash for the summer; re-entering late July or early August, or re-entering if Navellier adds more defensive names.
7/25 – Quad shift (GDP and Inflation) to Quad 3 from a Quad 4 is likely in early August. Will look to re-enter positions.
8/2    – Re-entering the new Top 5 at the next open. CIEN, DINO, ENLT, MU, STX.
8/29  – replace Sinclair (DINO), Enlight Renewable energy (ENLY), and Seagate Tech (STX) with Marathon Petro (MPC), PhillIps 66 (PSX), and San Disk (SNDK) at the next open.

The S&P 500 YTD return is 12.94%

S&P 500 Futures

#emini #spfutures #SP500 #ES, #MES

Market Summary:

Copper in a new long. Gold and Silver huge rally.

Crude continues the move up. Natural Gas basing.

The US 30yr Treasury continues lower, the 10yr yield at 4.71%.
The expected overbought level for the 10yr yieldat 4.75%.

The US Dollar – The USD basing.

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S&P 500 Futures   #ESU26, #MESU26

Monthly –Monthly bar new high and remains above prior month. Trade pressures remain up,  Volumes closed the month of July as bullish.  The 7838 price is the new high.  The next target up is 8684.  A close below 7507 would confirm any weekly move lower.

Weekly – The weekly bar sells off the prior high.  Trade pressures remain up, but declining. Volumes are now neutral.  The next target down is 7653. A close below the 7590 would confirm any daily move lower.

Daily – Flat.  In a new move down from 7738 on 8-18. Trade stopped out on 8/19. Trade pressures are down,  Volumes remain bearish.

The next target down is 7638. The expected oversold level declines to 7616.

A close above 7713 would signal higher. The expected overbought level declines to 7835.

[OB/OS channel is declining.]
The VIX closes below 19, at 15.13 indicating market remains investable.
The Hedgeye.com VIX risk range is 13.90 – 16.54.

__________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is reset to $100,000 for the 2026 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
    Up 17% for the 2023 Year.
    Up 42% for the 2024 Year.
    Up 48% for the 2025 Year

Portfolio stock values for 2026. 
The portfolio declines to $187,000.
The Year-to-Date portfolio performance is up 87%.

The Hedgeye.com GDP nowcast has GDP growth slowing and inflation rising (Quad 3) in the 3rd quarter, re-accelerating in the 4th quarter and slowing once again in the 1st quarter of 2027.

6/26 – Now all cash for the summer; re-entering late July or early August, or re-entering if Navellier adds more defensive names.
7/25 – Quad shift (GDP and Inflation) to Quad 3 from a Quad 4 is likely in early August. Will look to re-enter positions.
8/2    – Re-entering the new Top 5 at the next open. CIEN, DINO, ENLT, MU, STX.

The S&P 500 YTD return is 11.62%

S&P 500 Futures

#emini #spfutures #SP500 #ES, #MES

Market Summary:

Copper drops to support. Gold and Silver profit taking

Crude in a new move up. Natural Gas remains in downtrend.

The US 30yr Treasury continues loweras the 10yr yield rises to 4.71%.
The expected overbought level for the 10yr yield rises to 4.75%.

The US Dollar – The USD near a new long entry.

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S&P 500 Futures   #ESU26, #MESU26

Monthly –Monthly bar remains above prior month. Trade pressures remain up,  Volumes closed the month of July as bullish.  The 7820 price is the new high.  The next target up is 8684.  A close below 7489 would confirm any weekly move lower.

Weekly – The weekly bar in a new uptrend, but declining.  Trade pressures remain up, but declining. Volumes remain bullish.  The next target up is 7963. A close below the 7590 would confirm any daily move lower.

Daily – Short.  In a new move down from 7738 on 8-18.  Trade pressures are down,  Volumes are bearish.

The next target down is 7638. The expected oversold level rises to 7676.

A close above 7756 would signal higher. The expected overbought level declines to 7815.

[OB/OS trend is widening.]
The VIX closes below 19, at 15.83 indicating market is investable.
The Hedgeye.com VIX risk range is 14.01 – 16.22.

[8-18-26: Set the SL at 7738.] [8-19-26: Stopped out at the 7738 entry.]

__________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is reset to $100,000 for the 2026 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
    Up 17% for the 2023 Year.
    Up 42% for the 2024 Year.
    Up 48% for the 2025 Year

Portfolio stock values for 2026. 
The portfolio is up to $200,000.
The Year-to-Date portfolio performance is up 100%.

The Hedgeye.com GDP nowcast has GDP growth slowing and inflation rising (Quad 3) in the 3rd quarter, re-accelerating in the 4th quarter and slowing once again in the 1st quarter of 2027.
6/26 – Now all cash for the summer; re-entering late July or early August, or re-entering if Navellier adds more defensive names.
7/25 – Quad shift (GDP and Inflation) to Quad 3 from a Quad 4 is likely in early August. Will look to re-enter positions.
8/2    – Re-entering the new Top 5 at the next open. CIEN, DINO, ENLT, MU, STX.

The S&P 500 YTD return is 13.14%

S&P 500 Futures

#emini #spfutures #SP500 #ES, #MES

Market Summary:

Copper now at resistance. Gold and Silver breakout. Gold is OB.

Crude setting up for a new move up. Natural Gas remains in downtrend.

The US 30yr Treasury basing as the 10yr yield declines to 4.66%.
The expected overbought level for the 10yr yield declines to 4.74%.

The US Dollar – The USD in a new short, but near OS.

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S&P 500 Futures   #ESU26, #MESU26

Monthly –Monthly bar breaks out to new highs. Trade pressures remain up,  Volumes closed the month of July as bullish.  The 7820 price is the new high.  The next target up is 8684.  A close below 7489 would confirm any weekly move lower.

Weekly – The weekly bar rises into a new uptrend.  Trade pressures remain up, but declining. Volumes remain bullish.  The next target up is 7963. A close below the 7625 would confirm any daily move lower.

Daily – Flat.  From 7486 on 7/31, out with profit stop hit at 7550.  Trade pressures are up,  Volumes remain bullish.

The next target up is 7810. The expected overbought level rises to 7826.

A close below 7718 would signal lower. The expected oversold level rises to 7375.

[OB/OS trend is rising.]
The VIX closes below 19, at 14.90 indicating market is investable.
The Hedgeye.com VIX risk range is 14.74 – 17.98.

[8-7-26: Set any SL at 7718.]

__________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is reset to $100,000 for the 2026 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
    Up 17% for the 2023 Year.
    Up 42% for the 2024 Year.
    Up 48% for the 2025 Year

Portfolio stock values for 2026. 
The portfolio is up to $180,000.
The Year-to-Date portfolio performance is up 80%.

The Hedgeye.com GDP nowcast has GDP growth slowing and inflation rising (Quad 3) in the 3rd quarter, re-accelerating in the 4th quarter and slowing once again in the 1st quarter of 2027.
6/26 – Now all cash for the summer; re-entering late July or early August, or re-entering if Navellier adds more defensive names.
7/25 – Quad shift (GDP and Inflation) to Quad 3 from a Quad 4 is likely in early August. Will look to re-enter positions.
8/2    – Re-entering the new Top 5 at the next open. CIEN, DINO, ENLT, MU, STX.

The S&P 500 YTD return is 12.63%

S&P 500 Futures

#emini #spfutures #SP500 #ES, #MES

Market Summary:

Copper still in second leg up. Gold and Silver rally fails; remains in the consolidation area.

Crude  pulls back from 92 OB. Natural Gas is oversold.

The US 30yr Treasury continues down as the 10yr yield rises to 4.75%.
The expected overbought level for the 10yr yield rises to 4.75%.

The US Dollar – The USD in a new short, but OS.

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S&P 500 Futures   #ESU26, #MESU26

Monthly –Monthly bar continues lower off the prior month highs; now a spinning top. Trade pressures remain up,  Volumes closed the month of July as bullish.  The 7694 price remains the adjusted high.  The next target up is 8684.  A close below 7384 would confirm any weekly move lower.

Weekly – The weekly bar rising to back test the trend breakdown.  Trade pressures remain up, but declining. Volumes are now bullish.  The next target down is 7325. The close below the 7500 median line support did confirm the daily move lower. A close above 7587 would confirm a daily move higher.

Daily – Long.  Stopped out of the short trade and closed above 7486 pon 7/31.  Trade pressures are up,  Volumes are now bullish.

The next target up is 7588. The expected overbought level rises to 7538.

A close below 7446 would signal lower. The expected oversold level declines to 7316.

[OB/OS trend is widening.]
The VIX closes below 19, at 15.90 indicating market is investable.
The Hedgeye.com VIX risk range is 15.79 – 20.56.

[8-2-26: Set the SL at 7476. Take profits at 7538.] [Sunday session opened at 7550. Profit stop triggered.]

__________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is reset to $100,000 for the 2026 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
    Up 17% for the 2023 Year.
    Up 42% for the 2024 Year.
    Up 48% for the 2025 Year

Portfolio stock values for 2026. 
The portfolio is in all cash, at $175,000.
The Year-to-Date portfolio performance is up 75%.

The Hedgeye.com GDP nowcast has GDP growth slowing in the 3rd quarter, re-accelerating in the 4th quarter and slowing once again in the 1st quarter of 2027.
Up 75% in the Navellier Top 5 for the first half of 2026 warranted profit taking.

6/26 – Now all cash for the summer; re-entering late July or early August, or re-entering if Navellier adds more defensive names.
7/25 – Quad shift (GDP and Inflation) to Quad 3 from a Quad 4 is likely in early August. Will look to re-enter positions.
8/2    – Re-entering the new Top 5 at the next open. CIEN, DINO, ENLT, MU, STX.

The S&P 500 YTD return is 8.65%

S&P 500 Futures

#emini #spfutures #SP500 #ES, #MES

Market Summary:

Copper second leg up. Gold and Silver rallied into the renewed conflict, but pulled back and consolidating.

Crude second attempt at a new move up. Natural Gas rally attempt fails.

The US 30yr Treasury down as the 10yr yield rises to 4.67%.
The expected overbought level for the 10yr yield rises to 4.73%.

The US Dollar – The USD in a new long.

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S&P 500 Futures   #ESU26, #MESU26

Monthly –Monthly bar continues lower off the prior month highs. Trade pressures remain up,  Volumes closed the month of June as bullish.  The 7694 price remains the adjusted high.  The next target up is 8684.  A close below 7384 would confirm any weekly move lower.

Weekly – The weekly bar breaks down below trend.  Trade pressures remain up, but declining. Volumes are now neutral.  The next target down is 7325. The close below the 7500 median line support did confirm the daily move lower. A close above 7596 would confirm a daily move higher.

Daily – Short.  Short the rally back to trendline at 7546 on 7/22.  Trade pressures are down,  Volumes remain bearish.

The next target down is 7375. The expected oversold level declines to 7355.

A close above 7494 would signal higher. The expected overbought level declines to 7537.

[OB/OS trend is declining.]
The VIX closes below 19, at 18.58 indicating market is moving toward chop.
The Hedgeye.com VIX risk range is 15.37 – 19.94.

[7-25-26: Set the SL at 7494.]

[7-26-26: Stopped out in the Sun nite session.]

__________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is reset to $100,000 for the 2026 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
    Up 17% for the 2023 Year.
    Up 42% for the 2024 Year.
    Up 48% for the 2025 Year

Portfolio stock values for 2026. 
The portfolio is in all cash, at $175,000.
The Year-to-Date portfolio performance is up 75%.

The Hedgeye.com GDP nowcast has GDP growth slowing in the 3rd quarter, re-accelerating in the 4th quarter and slowing once again in the 1st quarter of 2027.
Up 75% in the Navellier Top 5 for the first half of 2026 warranted profit taking.
6/26 – Now all cash for the summer; re-entering late July or early August, or re-entering if Navellier adds more defensive names. 7/25 – Quad shift (GDP and Inflation) to Quad 3 from a Quad 4 is likely in early August. Will look to re-enter positions.

The S&P 500 YTD return is 8.94%

S&P 500 Futures

#emini #spfutures #SP500 #ES, #MES

Market Summary:

Copper new long off support. Gold and Silver are consolidating lower.

Crude second attempt at a new move up. Natural Gas move down.

The US 30yr Treasury down as the 10yr yield rises to 4.59%.
The expected overbought level for the 10yr yield rises to 4.62%.

The US Dollar – The USD has small correction.

_________________

S&P 500 Futures   #ESU26, #MESU26

Monthly –Monthly bar continues lower off the prior month highs. Trade pressures remain up,  Volumes closed the month of June as bullish.  The 7694 price remains the adjusted high.  The next target up is 8684. A close below 7384 would confirm any weekly move lower.

Weekly – The weekly bar makes a lower high.  Trade pressures remain up, but declining. Volumes are bullish.  The next target down is 7325. The close below the 7325 median line support did confirm the daily move lower. A close above 7642 would confrim a daily move higher.

Daily – Flat.  Lower highs followed by the SL on 7/13.  Trade pressures are down,  Volumes are bearish.

The next target down is 7333. The expected oversold level rises to 7420.

A close above 7560 would signal higher. The expected overbought level declines to 7597.

[OB/OS trend is narrowing.]
The VIX closes below 19, at 18.65 indicating market is moving toward trending.
The Hedgeye.com VIX risk range is 15.37 – 19.41.

[7-13-26: Stopped out of the long at 7551.]

[7-20-26: Look to short near OB levls.]

__________________

Navellier Top 5 Stocks – This Top 5 model portfolio begins each year at $100,000. The Top 5 Growth stocks are tracked throughout each year. This portfolio is reset to $100,000 for the 2026 year.

These Navellier Top 5 portfolio stocks closed:
Down 35% for the 2022 Year.
    Up 17% for the 2023 Year.
    Up 42% for the 2024 Year.
    Up 48% for the 2025 Year

Portfolio stock values for 2026. 
The portfolio is in all cash, at $175,000.
The Year-to-Date portfolio performance is up 75%.

The Hedgeye.com GDP nowcast has GDP growth slowing in the 3rd quarter, re-accelerating in the 4th quarter and slowing once again in the 1st quarter of 2027.
Up 75% in the Navellier Top 5 for the first half of 2026 warranted profit taking.  6/26 – Now all cash for the summer; re-entering late July or early August, or re-entering if Navellier adds more defensive names.

The S&P 500 YTD return is 8.94%