S&P Futures
7,753.5
+0.51%
Nasdaq Futures
29,731.5
+0.49%
Macro Sentiment
54/100
Neutral
Signal Breadth
35%
bearish
◆ Market Pulse
The S&P 500 is at 7,691.76 (-0.69% on the session). S&P 500 -0.69%, NASDAQ Composite -1.33%, Dow Jones Industrial Average -0.22%, Russell 2000 -1.30%.
◆ Index Board — Today's Close
S&P 500 S&P 500 · 7,691.76 · -0.69% on the day -0.69% NASDAQ Composite NASDAQ Composite · 26,289.71 · -1.33% on the day -1.33% Dow Jones Industrial Dow Jones Industrial Average · 53,343.4 · -0.22% on the day -0.22% Russell 2000 Russell 2000 · 3,017.89 · -1.30% on the day -1.30% CBOE Volatility CBOE Volatility Index · 15.44 · -2.53% on the day -2.53%
Change on the day for the major indices. VIX sits in the metric strip above — it reads inversely, so it is kept out of this scale.
◆ Overnight FuturesS&P Futures S&P Futures · 7,753.5 · +0.51% +0.51% Nasdaq Futures Nasdaq Futures · 29,731.5 · +0.49% +0.49% Dow Futures Dow Futures · 53,737 · +0.63% +0.63% Russell 2000 Futures Russell 2000 Futures · 3,054.5 · +0.93% +0.93%
◆ Overnight Headlines
CNBC 5m ago
The combination regimen significantly extended the time patients lived without their melanoma returning, compared with Keytruda alone.
CNBC 5m ago
These are the stocks posting the largest moves premarket.
SEEKING ALPHA 7m ago
TGT MRVL MRK DUOL
◆ Signal Standouts
Across 3,172 signals, 34.8% read bullish (228 Strong Buy / 875 Buy) vs 727 bearish. Breadth is narrowing (-2.0% vs yesterday).
Signal breadth — last 8 sessions 35%
2026-08-10 low 35% · high 44% 2026-08-19
Hover the line (or focus it and use ← →) to read any single session.
Strong Buy standouts: SPCX · MU · LLY · AMD · V · XOM · LRCX · AMAT · CVX · GE · MRK · DELL
Strong Sell standouts: MSFT · META · PEP · MCD · NEE · TJX · UBER · ISRG · SYK · APP · ADBE · SNPS
See full signals →
◆ Sector Setup
Leading the tape today at +1.76%.
Leading the tape today at +1.60%.
◆ Economic Snapshot
Fed Funds Rate
3.63% YoY -16.2%
Unemployment Rate
4.1% YoY +0.0%
Inflation Rate (YoY)
3.3%
GDP Growth
1.5% YoY -40.0%
10-Year Treasury
4.72% YoY +0.9%
Consumer Sentiment
49.5 YoY -18.5%
Year-over-year movement
Fed Funds Rate Fed Funds Rate: 3.63% · -16.2% year over year -16.17% Unemployment Rate Unemployment Rate: 4.1% · +0.0% year over year +0.00% Inflation Rate (YoY) Inflation Rate (YoY): 3.3% · +0.0% year over year +0.00% GDP Growth GDP Growth: 1.5% · -40.0% year over year -40.00% 10-Year Treasury 10-Year Treasury: 4.72% · +0.9% year over year +0.85% Consumer Sentiment Consumer Sentiment: 49.5 · -18.5% year over year -18.45%
◆ Catalyst Calendar
10 IPO(s), 0 corporate event(s), and 6 notable earnings on the calendar ahead.
IPO VAT — Varsal Tech IncIPO BMF — Bang Mai Fang HoldingsIPO ALPX — Alopexx IncIPO MOT — MetaOptics Ltd.IPO FIT — Fitness Fanatics Ltd.IPO LYNX — Lyntris Inc · 2026-08-19IPO JTTT — Jatt III Acquisition Corp.IPO HCPC — HengHong Technology Inc.IPO MDRN — Modern Mining Technology CorpIPO POCH — Poche Technology Co. Ltd
◆ IPO Radar — Upcoming Listings & Pipeline News
Sort by listing date, days out, or offer range · amber = news-estimated date
Ticker Company Listing Date In Offer Range Exchange
LYNX
Lyntris Inc
2026-08-19
listed
$19–$22
XNYS
VAT
Varsal Tech Inc
TBA
—
$5.5
XASE
BMF
Bang Mai Fang Holdings
TBA
—
$5
XNAS
ALPX
Alopexx Inc
TBA
—
$10–$12
XASE
MOT
MetaOptics Ltd.
TBA
—
$5–$7
XNAS
FIT
Fitness Fanatics Ltd.
TBA
—
$5
XNAS
JTTT
Jatt III Acquisition Corp.
TBA
—
$10
XNAS
HCPC
HengHong Technology Inc.
TBA
—
$6–$7
XNAS
MDRN
Modern Mining Technology Corp
TBA
—
$4.25
XASE
POCH
Poche Technology Co. Ltd
TBA
—
$5–$7
XNAS
Listing-pipeline headlines
THE MOTLEY FOOL 2h ago
Oklo and X-Energy are competing small modular reactor (SMR) companies with different technological approaches. Both are pre-commercial, highly speculative investments with no guara
Full pipeline + S-1 tracker on IPO Radar · pre-IPO valuations and secondaries on Private Companies .
◆ Private Markets & Pre-IPO Activity
8 fresh private-market events in the window — most recent: Rillet ($100M), led by ICONIQ. Most active lead investor: Sequoia Capital (4 deals).
Date Company Event Amount Lead Investor
2026-08-18
Rillet · Fintech
Series C $100M led by ICONIQ
$100M
ICONIQ
2026-08-17
Higgsfield · AI
Series B $400M led by DST Global
$400M
DST Global
2026-08-10
Cambridge Aerospace · Defense
Series C $300M led by DFJ Growth
$300M
DFJ Growth
2026-08-10
Edgify · Artificial Intelligence
Series A $9M led by Rank Ventures and Mangrove Capital Partners
$9M
Rank Ventures and Mangrove Capital Partners
2026-08-10
Visoid · Artificial Intelligence
Funding round $3M led by Skyfall Ventures
$3M
Skyfall Ventures
2026-08-09
SiteVue AI · AI
Seed $8M led by Penny Jar Capital & Overture
$8M
Penny Jar Capital & Overture
2026-08-08
SOURCE · Computers, Parts and Peripherals
Series D $400M led by Situational Awareness
$400M
Situational Awareness
2026-08-07
Firmus Technologies · AI
Growth Equity $2,000M led by Nvidia & Coatue
$2.0B
Nvidia & Coatue
Track 2,153 pre-IPO names on Private Companies · browse 280+ investor profiles · live deal tape on Deal Signals .
◆ Round Sizes — Recent RaisesRillet Rillet · Series C $100M led by ICONIQ · valuation $1.0B — open the company page $100M Higgsfield Higgsfield · Series B $400M led by DST Global · valuation $5.4B — open the company page $400M Cambridge Aerospac Cambridge Aerospace · Series C $300M led by DFJ Growth · valuation $3.4B — open the company page $300M Edgify Edgify · Series A $9M led by Rank Ventures and Mangrove Capital Partners — open the company page $9M Visoid Visoid · Funding round $3M led by Skyfall Ventures — open the company page $3M SiteVue AI SiteVue AI · Seed $8M led by Penny Jar Capital & Overture — open the company page $8M SOURCE SOURCE · Series D $400M led by Situational Awareness · valuation $1.1B — open the company page $400M Firmus Technologie Firmus Technologies · Growth Equity $2,000M led by Nvidia & Coatue · valuation $10.5B — open the company page $2.0B Bar = amount raised · click through to the company's pre-IPO page.
Where the money went — sector split
AI $2.4B: 2,407,500,000 Computers, Parts and Peripherals $400M: 400,000,000 Defense $300M: 300,000,000 Fintech $100M: 100,000,000 Artificial Intelligence $12M: 11,500,000
Most active lead investors (last 45 days)
Sequoia Capital · 4 deals · $2.4BGreenoaks · 4 deals · $570MSituational Awareness · 3 deals · $1.2BAMD · 2 deals · $10.0BNvidia & Coatue · 2 deals · $4.0B
◆ Trading Implications
Watch breadth, not just the index. Universe breadth is narrowing — leadership is thinning even if indices hold up.Let regime set your risk. Position size and stop placement should scale with volatility; elevated VIX argues for wider stops and smaller size, calm tape allows tighter risk.Respect the rate backdrop. Moves in the 10-year yield ripple into duration-sensitive growth and rate-sensitive sectors — watch yields alongside the equity tape.
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.