Market Conditions — 2026-08-03

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Article published Aug 3, 2026. Prices below use latest available snapshots.

SPY $772.67 +4.0% 30d QQQ $729.87 +5.0% 30d IWM $304.06 +3.4% 30d

A frozen snapshot: each card records its own moment and is meant to read stale later. The strip of cards, in order, is the climate history.

Gauge Read Note
Indexes (7d) SPY +2.5% · QQQ +2.6% · IWM +1.1% · RSP +0.9% 30d: SPY +0.8% · QQQ -3.1% · IWM -0.9% · RSP +1.0%
Volatility VIX 15.86 (CALM) · 1d -0.8% Fire-sale window closed — the trigger is a ≥30% one-day spike
Rotation In: Canadian OG, China Tech, Alt Managers, Cloud SAAS, Web Cloud · Out: Space, Memory, CPU Shortage Supply Chain, Supply Chain Traces, WFE Test Metrology 15 in / 33 out / 5 emerging of 68 tracked themes · ranked on trailing 30d strength vs SPY
Credit (7d) HYG +0.1% · LQD -0.4% · IEF -0.5% Orderly credit means the selling is positioning, not a credit event
Hard assets (7d) GLD -0.8% · USO -5.5% · COPX +1.9% Gold · oil · copper miners

Sources

  • market-pulse + rotation-map.json · data/state/vix-gate.json (all numbers code-computed and frozen at emit)