{"id":4012,"date":"2026-08-11T14:08:54","date_gmt":"2026-08-11T14:08:54","guid":{"rendered":"http:\/\/blog.valuengine.com\/?p=4012"},"modified":"2026-08-11T14:08:54","modified_gmt":"2026-08-11T14:08:54","slug":"08-10-2026-valuengine-weekly-market-summary-commentary","status":"publish","type":"post","link":"http:\/\/blog.valuengine.com\/index.php\/08-10-2026-valuengine-weekly-market-summary-commentary\/","title":{"rendered":"08\/10\/2026 ValuEngine Weekly Market Summary & Commentary"},"content":{"rendered":"

Weekly Market Recap – Week Ending Aug 07, 2026<\/strong><\/p>\n

U.S. equity markets rebounded strongly this week, with gains led by technology and growth-oriented sectors. The NASDAQ 100 ETF (QQQM<\/strong>) rose 5.09%, while the S&P 500 ETF (SPYM<\/strong>) gained 3.54%, supported by a sharp 7.20% advance in Technology (XLK<\/strong>). Materials (XLB<\/strong>), Small Caps (VB<\/strong>), Consumer Discretionary (XLY<\/strong>), Industrials (XLI<\/strong>), and Communication Services (XLC<\/strong>) also posted solid gains, indicating a broader improvement in risk appetite. Energy (XLE<\/strong>), Utilities (XLU<\/strong>), and Real Estate (XLRE<\/strong>) were the main laggards, suggesting investors rotated away from defensive and rate-sensitive areas. Stock-specific momentum remained strong, led by Palantir (PLTR<\/strong>), Garmin (GRMN<\/strong>), Tenet Healthcare (THC<\/strong>), Recruit Holdings (RCRUY<\/strong>), SharkNinja (SN<\/strong>), and Vodafone (VOD<\/strong>), highlighting continued strength across technology, health care, consumer products, and global communication names.<\/p>\n

Trade ValuEngine supported portfolio strategies,\u00a0www.ValuEngineCapital.com<\/a><\/strong><\/p>\n

In the below tables we use major ETF\u2019s as a proxy for some major indexes as well as each of the sector groups into which we divide the overall markets. Tracking these over time provides a more defined picture of the US markets than simply tracking major indexes. This is followed by notable individual stock movers over the past month, and finally our full strategy outlook.<\/p>\n\n\n\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Ticker<\/td>\nName<\/td>\nVE Rating<\/td>\nLast Week Start Date<\/td>\nWeek End Price 08\/07\/2026<\/td>\nWeekly Change<\/td>\n<\/tr>\n
QQQM<\/td>\nInvesco NASDAQ 100 ETF<\/td>\n4<\/td>\n7\/31\/2026<\/td>\n283.29<\/td>\n5.09%<\/td>\n<\/tr>\n
SCHD<\/td>\nSchwab US Dividend Equity ETF<\/td>\n2<\/td>\n7\/31\/2026<\/td>\n33.47<\/td>\n1.28%<\/td>\n<\/tr>\n
SPYM<\/td>\nState Street SPDR Portfolio S&P 500 ETF<\/td>\n4<\/td>\n7\/31\/2026<\/td>\n87.9<\/td>\n3.54%<\/td>\n<\/tr>\n
VB<\/td>\nVanguard Morningstar Small Cap ETF<\/td>\n2<\/td>\n7\/31\/2026<\/td>\n295.14<\/td>\n3.71%<\/td>\n<\/tr>\n
XLB<\/td>\nState Street Materials Select Sector SPDR ETF<\/td>\n1<\/td>\n7\/31\/2026<\/td>\n50.43<\/td>\n4.82%<\/td>\n<\/tr>\n
XLC<\/td>\nState Street Com Svc Sel Sec SPDR ETF<\/td>\n4<\/td>\n7\/31\/2026<\/td>\n108.24<\/td>\n2.78%<\/td>\n<\/tr>\n
XLE<\/td>\nState Street Energy Select Sector SPDR ETF<\/td>\n1<\/td>\n7\/31\/2026<\/td>\n59.55<\/td>\n-3.44%<\/td>\n<\/tr>\n
XLF<\/td>\nState Street Financial Sel Sec SPDR ETF<\/td>\n5<\/td>\n7\/31\/2026<\/td>\n56.94<\/td>\n1.16%<\/td>\n<\/tr>\n
XLI<\/td>\nState Street Industrial Select Sector SPDR ETF<\/td>\n3<\/td>\n7\/31\/2026<\/td>\n179.84<\/td>\n2.97%<\/td>\n<\/tr>\n
XLK<\/td>\nState Street Technology Select Sector SPDR ETF<\/td>\n3<\/td>\n7\/31\/2026<\/td>\n175.35<\/td>\n7.20%<\/td>\n<\/tr>\n
XLP<\/td>\nState Street Consumer Staples Sel Sect SPDR ETF<\/td>\n2<\/td>\n7\/31\/2026<\/td>\n85.05<\/td>\n0.08%<\/td>\n<\/tr>\n
XLRE<\/td>\nState Street Real Estate Select Sector SPDR ETF<\/td>\n3<\/td>\n7\/31\/2026<\/td>\n45.07<\/td>\n-0.20%<\/td>\n<\/tr>\n
XLU<\/td>\nState Street Utilities Select Sector SPDR ETF<\/td>\n4<\/td>\n7\/31\/2026<\/td>\n44.35<\/td>\n-1.67%<\/td>\n<\/tr>\n
XLV<\/td>\nState Street Health Care Select Sector SPDR ETF<\/td>\n2<\/td>\n7\/31\/2026<\/td>\n162.55<\/td>\n1.93%<\/td>\n<\/tr>\n
XLY<\/td>\nState Street Consumer Disc Sel Sect SPDR ETF<\/td>\n5<\/td>\n7\/31\/2026<\/td>\n116.09<\/td>\n3.25%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

Free Trial: Direct Access to ValuEngine Research on over 5,000 stocks and 700 ETFs\u00a0HERE<\/a><\/strong><\/p>\n\n\n\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n
Ticker<\/td>\nName<\/td>\nVE Rating<\/td>\nLast Close Price<\/td>\nPrice 30 Days Ago<\/td>\nMonthly Difference<\/td>\n<\/tr>\n
GRMN<\/td>\nGarmin Ltd<\/td>\n4<\/td>\n310.89<\/td>\n244.51<\/td>\n27.15%<\/td>\n<\/tr>\n
RCRUY<\/td>\nRecruit Holdings 5 Unsponsored ADR Representing Ord Shs<\/td>\n5<\/td>\n19.41<\/td>\n15.47<\/td>\n25.47%<\/td>\n<\/tr>\n
VOD<\/td>\nVodafone Group PLC<\/td>\n4<\/td>\n16.19<\/td>\n13.08<\/td>\n23.78%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n\n\n\n\n\n\n\n<\/colgroup>\n\n\n\n\n\n
Ticker<\/td>\nName<\/td>\nVE Rating<\/td>\nLast Close Price<\/td>\nPrice 30 Days Ago<\/td>\nMonthly Difference<\/td>\n<\/tr>\n
PLTR<\/td>\nPalantir Technologies Inc<\/td>\n5<\/td>\n172.01<\/td>\n129.04<\/td>\n33.30%<\/td>\n<\/tr>\n
THC<\/td>\nTenet Healthcare Corp<\/td>\n5<\/td>\n262.13<\/td>\n206.77<\/td>\n26.77%<\/td>\n<\/tr>\n
SN<\/td>\nSharkninja Inc<\/td>\n5<\/td>\n185.52<\/td>\n148.81<\/td>\n24.67%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Current ValuEngine reports on all covered 5000+ stocks and ETFs can be viewed\u00a0HERE<\/a><\/strong><\/p>\n

Strategy Note:<\/strong><\/p>\n

As shown above, August started off with a boom. We were amused to hear TV news snippets attribute the daily jumps to reported progress in finding a peaceful solution to the problems in the Middle East. Perhaps it is because all our proprietary ratings and metrics are earnings-and-market based but we think the market\u2019s rise last week had more to do with corporate earnings reports.<\/p>\n

During the week of August 3\u20137, 2026, a total of 3,897 companies worldwide tracked on the Markets Insider Earnings Calendar released their quarterly financial results. Within the benchmark S&P 500 index, where approximately 85% to 90% of components have now completed their reports, a robust 88% of companies surpassed analysts’ EPS forecasts, while the remainder either matched or missed expectations. Fueled by a weaker-than-expected July jobs report, the broader stock market logged its strongest weekly rally since April, lifting top performers that beat earnings estimates. In particular:<\/p>\n

\u2022 Eli Lilly & Co. (LLY<\/strong>) blew past estimates on Wednesday due to a 91% surge in Mounjaro sales, driving a 3.2% gain for the week.
\n\u2022 Palantir Technologies (PLTR<\/strong>) reported a significant earnings beat on Monday, pushing its stock up 9.4% by Friday’s close.
\n\u2022 Airbnb (ABNB<\/strong>) topped Q2 profit and revenue expectations late Thursday, causing its stock to surge more than 10.7%.
\n\u2022 Advanced Micro Devices (AMD<\/strong>): Bested semiconductor expectations on Tuesday, contributing to the Nasdaq\u2019s 5.2% weekly gain.
\n\u2022 Caterpillar Inc. (CAT<\/strong>): Posted robust industrial profits on Tuesday morning, gaining 3.3%.<\/p>\n

All of these companies except Airbnb (ABNB<\/strong>) were mentioned as 5-rated companies expected to report in last Monday\u2019s strategy note. On the other end of the spectrum, two notable companies that disappointed street analysts last week were:
\n\u2022 The Trade Desk, Inc. (TTD<\/strong>): Dropped 21.87% over the week following lukewarm guidance on revenue projections after hitting but not exceeding estimate.
\n\u2022 Celsius Holdings, Inc. (CELH<\/strong>): The beverage maker’s stock sank 18.46% following a broad 14% earnings miss.
\nWe don\u2019t foresee a rebound for either company. TTD<\/strong> is rated 2 (Sell). CELH<\/strong> is rated 3 (Hold) with a 1-yr. forecast of a 4.5% price decline by our model.<\/p>\n

As earnings season winds down with nearly 88% of S&P 500 companies already reporting, there are still companies this week for which we have high expectations. We rate Applied Materials (AMAT<\/strong>) is rated 5 (Strong Buy). Three ranked just below a Strong Buy with 4 (Buy) that are also due to report: Cisco Systems (CSCO<\/strong>), Cardinal Health (CAH<\/strong>) and REIT giant Simon Property Group (SPG<\/strong>). A mammoth non-US company, Taiwan Semiconductor (TSM<\/strong>), is rated 5. But even a strong earnings report may not be enough to fight off the latest political headwinds. Proceed with caution.<\/p>\n

 <\/p>\n

www.ValuEngine.com<\/a>\u00a0(ValuEngine, Inc) is a stock valuation and forecasting service founded by Ivy League finance academics. VE utilizes the most advanced quantitative techniques and analysis available to analyze over 4,200 US stocks, 700 US ETFs, and 1,000 Canadian stocks. Fair market valuations, forecast target prices, and buy\/hold\/sell recommendations are updated DAILY.<\/p>\n

www.ValuEngineCapital.com<\/a>\u00a0(ValuEngine Capital Management, LLC) is a Registered Investment Advisory firm that trades a variety of different portfolios based upon the ValuEngine.com research models. Each portfolio has a different risk\/return profile, so clients can be placed in strategies that fit their specific investment needs.<\/p>\n

BLOG.VALUENGINE.COM\u00a0<\/a>for the full history of ValuEngine.com financial blog posts<\/p>\n

____________________________________________________________________________<\/p>\n

5,000 stocks, 600 ETFs, 16 sector groups, and 140 industries updated on\u00a0www.ValuEngine.com<\/a><\/p>\n

Full Two Week Free Trial\u00a0HERE<\/a><\/p>\n

Financial Advisory Services based on ValuEngine research and Portfolios available through\u00a0www.ValuEngineCapital.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Weekly Market Recap – Week Ending Aug 07, 2026 U.S. equity markets rebounded strongly this week, with gains led by technology and growth-oriented sectors. The NASDAQ 100 ETF (QQQM) rose 5.09%, while the S&P 500 ETF (SPYM) gained 3.54%, supported by a sharp 7.20% advance in Technology (XLK). Materials (XLB), Small Caps (VB), Consumer Discretionary … Read more<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,1,39],"tags":[3337,3343,29,2807,75,2768,2129,2813,958,3331,2159,3345,34,2806,2238,1760,1761,1719,3333,3341,1342,3330,2897,1819,2620,2622,2006,1689,1510,1911,3334,1748,3336,3340,3339,3346,2801,2757,1281,2516,2650,2649,3338,3344,28,1656,1659,63,2356,3335,3342,2121,2085,2277,1849,2279,1887,1814,2707,1900,2276,2278],"_links":{"self":[{"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/posts\/4012"}],"collection":[{"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/comments?post=4012"}],"version-history":[{"count":2,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/posts\/4012\/revisions"}],"predecessor-version":[{"id":4014,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/posts\/4012\/revisions\/4014"}],"wp:attachment":[{"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/media?parent=4012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/categories?post=4012"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.valuengine.com\/index.php\/wp-json\/wp\/v2\/tags?post=4012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}