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QUANTLOGIX DAILY BRIEF
FRIDAY · JULY 24, 2026 PRE-MARKET
S&P Futures
7,454.5
+0.13%
Nasdaq Futures
28,621.75
+0.00%
10Y Yield
4.67%
+0.86%
Macro Sentiment
55/100
Neutral
Signal Breadth
25%
bearish

Market Pulse

The S&P 500 is at 7,408.3 (-1.21% on the session). S&P 500 -1.21%, NASDAQ Composite -2.15%, Dow Jones Industrial Average -0.97%, Russell 2000 -0.67%.

Overnight Futures

Sector Rotation — Today

Overnight Headlines

CNBC2m ago
The three major averages are heading for weekly losses, led by the tech-heavy Nasdaq Composite.
CNBC7m ago
These are the stocks posting the largest moves premarket.
MARKETWATCH9m ago
New Fed Chairman Kevin Warsh probably needs to hike soon to reassure the long end of the Treasury curve, says Bank of America strategist Michael Hartnett.

Signal Standouts

Across 2,722 signals, 24.6% read bullish (149 Strong Buy / 521 Buy) vs 766 bearish. Breadth is flat (+0.9% vs yesterday).

25% BULLISH
Strong Buy
149
Buy
521
Neutral
1,286
Sell
555
Strong Sell
211

Strong Buy standouts: LLY · XOM · ASML · MU · AMD · LRCX · BHP · ARM · BMY · WM · CNQ · MELI

Strong Sell standouts: TSLA · CSCO · TMUS · IBM · MCD · PEP · SAP · DIS · ISRG · UBER · NOW · HDB

See full signals →

Earnings Ahead

TickerNext ReportInLast EPS YoYLast Rev YoY
AAPL 2026-08-22 29d +21.8% +16.6%
TSLA 2026-09-06 44d +8.3% +15.8%
MSFT 2026-09-12 50d +23.4% +18.3%
JPM 2026-09-15 53d +17.2% +10.0%
XOM 2026-09-17 55d -43.2% +2.4%
AVGO 2026-09-30 68d +85.4% +47.9%

Sector Setup

Industrials
BULLISH
Leading the tape today at +1.73%.
Health Care
BULLISH
Leading the tape today at +1.26%.
Cons. Disc.
BEARISH
Lagging today at -4.61%.
Comm. Svcs
BEARISH
Lagging today at -3.50%.

Economic Snapshot

Fed Funds Rate
3.63% · YoY -16.2%
Unemployment Rate
4.2% · YoY -2.3%
Inflation Rate (YoY)
3.73%
GDP Growth
2.1% · YoY -27.6%
10-Year Treasury
4.67% · YoY +4.2%
Consumer Sentiment
44.8 · YoY -14.2%

Catalyst Calendar

8 IPO(s), 0 corporate event(s), and 6 notable earnings on the calendar ahead.

  • IPO VAT — Varsal Tech Inc
  • IPO IMC — IMC Rare Earths Ltd.
  • IPO TP — Ticketplus Ltd.
  • IPO TCGX — TCGX Acquisition Corp.
  • IPO JMKE — Jersey Mikes Subs Inc. · 2026-07-30
  • IPO REF — Reformation Inc. · 2026-07-30
  • IPO SCTX — Scribe Therapeutics Inc. · 2026-07-24
  • IPO GENN — Genneia S.A.

Private Markets & Investor Moves

8 fresh private-market events in the window — most recent: Anthropic ($5,000M), led by AMD. Most active lead investor: Andreessen Horowitz (9 deals).

DateCompanyEventAmountLead Investor
2026-07-22 Anthropic · AI Strategic Investment $5,000M led by AMD $5.0B AMD
2026-07-22 Atoms · Robotics Equity investment (a16z-led) $1,700M led by Andreessen Horowitz (a16z) $1.7B Andreessen Horowitz (a16z)
2026-07-20 Natural · Fintech Series A $30M led by Forerunner Ventures (Kirsten Green) $30M Forerunner Ventures (Kirsten Green)
2026-07-15 Fireworks AI · Artificial Intelligence Series D $1,505M led by Atreides Management, Index Ventures & TCV $1.5B Atreides Management, Index Ventures & TCV
2026-07-15 Emergent · AI Series C $130M $130M
2026-07-14 Flex · Fintech Growth $70M $70M
2026-07-13 Helsing · Defense Late Stage $1,800M $1.8B
2026-07-09 Databento · Fintech Series B $97M led by New Enterprise Associates (NEA) $97M New Enterprise Associates (NEA)

Most active lead investors (last 45 days)

Andreessen Horowitz · 9 deals · $926MKhosla Ventures · 4 deals · $440MGeneral Catalyst · 4 deals · $293MKleiner Perkins · 4 deals · $260MLightspeed Venture Partners · 4 deals · $134M

Track 1,979 pre-IPO names on Private Companies · browse 280+ investor profiles · live deal tape on Deal Signals.

Trading Implications

Educational framework discussion of market conditions — not investment advice or a recommendation to buy or sell any security.

Deep Dive

Reading Signal Breadth

Breadth — the share of the universe flashing bullish 5-factor signals — is a participation gauge. Broadening breadth means more names are joining the move (healthier trend); narrowing breadth with indices still rising means leadership is thinning and the rally is leaning on fewer shoulders, which historically precedes choppier tape. Watch breadth alongside the index level, not in isolation.

QuantLogix briefings are educational market commentary generated from live data, not investment advice. Signals are quantitative model outputs, not recommendations. Markets carry risk of loss.