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US30 remains under pressure at the start of the week.
Current index weakness introduces the possibility of a bear market rally scenario.
US30 shows uncertainty for the week, as Fed officials give mixed signals.
The retail giant did largely better than it expected, based on it recently lowered projections, amidst high inflation and costs
Last week's rally was highly favourable for the US30 on a technical basis.
The decline in real rates helped the stock indexes during July. However, it still poses a threat to higher valuations at current levels.
There was a flurry of corporate activity and news during the week of August 8-12, with Disney, Dutch retailer Ahold Delhaize, EV start-up Rivian and other companies attracting our attention
The first week of August remained a busy one, as we had a large number of high profile corporations releasing their financial results, such as chip-maker AMD, British energy giant BP, ride-hailing firm Uber and others
The tech-heavy NAS100 is feeling the pressure as China/US tensions flare over House Speaker Pelosi's trip to Taiwan.
The last week of July was dominated by the Big Tech earnings, but the auto industry, plane makers and retailers were also in the spotlight
The Fed’s monetary tightening has weighed on the sector and on Wednesday we expect its latest decision, while the week is also dominated by the quarterly results of tech heavyweights such Apple, Amazon and more
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