08/01/2026 Weekend Update

[Cobra]

Up 1 week, the next week has 54% chances to close up, 77% chances to make a higher high.

So probably more up.

[tsf]

Thank you, Cobra and the Board. I really admire all of you for being able to navigate this volatility.
This evening, ZH has just posted that "Trump Orders Heavy Attack On Energy-Related Targets In Iran, To Commence This Weekend"
According to Polymarket , the odds for US to announce end of Iranian blockade by Aug 15, 2026 is only 17%.
GLTA

[JFR]

SPY daily.

Two bullish candles in a row.

This market is so damned resilient. Ha ha.

I want a fairly deep pullback and coolng off.

But it just might not happen.

The S and P is at normal PE ratios.

Only thing is tech and AI have been driving the market pretty much on their own.

[te_fern]

Over the weekend, please take a little time to vote for Cobra, thanks: https://stockcharts.com/public/1684859/ ... /533449397

[BullBear52x]

"It is what it is department" Only price pays! big picture, sideways consolidation continues, it is leaning on a bullish side. rotation from tech/semi-conductors to financial and health care. if the technology were to bottom, we can have a new ATH breakout, that remains to be seen.
Center upper range:

Green shoots bullish reversal.

Swing setup; dip will be bought.

Intraday: new swing high, it is bullish bias. expecting a good run up to continues. Peace!