Thursday, August 27, 2026

Market Regime: MILDLY BULLISH QNTM's regime overlay reads mildly bullish, consistent with a VIX near 14.9 and oil holding around $82 — a backdrop of low volatility and manageable energy costs that typically favors risk-taking without excess euphoria.

Conviction: 49.5/100 A near-midpoint composite across 1,422 scored names, with only 3.0% flagged high-conviction — signal is muted and dispersion is low; no broad tailwind or headwind is dominating factor scores today.

On the calendar today Weekly initial jobless claims are due this morning. This is day one of the Jackson Hole symposium (Aug 27–29); Fed Chair Kevin Warsh's keynote is Friday, August 28 at 10:00am ET , not today. Earnings on deck include Dollar General, Dollar Tree, Burlington Stores, Best Buy, Marvell Technology, Autodesk, Workday, Affirm Holdings, and Ulta Beauty .

Overnight & premarket

Nvidia delivered another blockbuster quarter, beating expectations, with shares reversing an initial post-earnings drop after Wednesday's close. Broader futures were pointing higher, with Dow futures up 0.25%, S&P 500 futures up 0.35%, and Nasdaq 100 futures up 0.66% . On geopolitics, Qatar's Prime Minister is traveling to Tehran to discuss mediation and encourage a return to U.S.-Iran negotiations , aligning with the war-de-escalation macro tag.

What to watch 1) Follow-through (or fade) in NVDA and AI-capex peers after earnings. 2) Retail earnings (Best Buy, Dollar stores, Ulta) for consumer-spending signals ahead of Friday's Fed speech. 3) Positioning into Jackson Hole, given lingering tariff and inflation uncertainty.

Research/education only — not investment advice.