Monday, August 3, 2026

Market Regime: RISK_OFF QNTM's regime overlay reads RISK_OFF, flagging the ongoing Iran war as an active macro risk even as headlines turn more hopeful — a "trust, but verify" backdrop for today's session.

Conviction: 49.1/100 With only 2.2% of the 1,423-name universe in high-conviction territory, the model shows a neutral-to-cautious tilt — no broad-based signal to lean aggressively long or short today.

On the calendar today No FOMC event. This week's focus is labor data: JOLTS, weekly jobless claims and Friday's July jobs report are the key releases, with Palantir (PLTR) scheduled to report earnings after Monday's closing bell . SpaceX (SPCX), AMD, McDonald's and Disney are among the companies reporting results this week .

Overnight & premarket

Stock futures were climbing and oil prices were falling Monday as WTI crude fell 6.21% to $79.41 per barrel, while Brent crude declined 5.11% to $83.24 , after Trump said new talks with Iran would begin Monday, after calling off "massive" strikes against the country . SpaceX shares were falling nearly 2% in premarket trading ahead of Tuesday's earnings.

What to watch 1) Whether Iran talks (set for this afternoon) hold — Iran's foreign ministry has disputed that talks are confirmed. 2) Follow-through in oil after Friday's spike and today's sharp reversal. 3) PLTR earnings after the close, an early tech-earnings tone-setter.

Research/education only — not investment advice.