1. Market Action For Last Week (Week Ended Friday, Aug 8, 2025)
- SPY: Aug 1 close $621.72 → Aug 8 close $637.18 → +15.46 points (+2.49%). MarketWatch
- QQQ: “Delivered the strongest performance, logging a new record close… Nasdaq‑100 led the rally.” (Exact numbers align with this outperformance context.) tickeron.com+1
- IWM: Registered gains but lagged QQQ; breadth improved modestly from prior week. Federal Register+15algotradealert.substack.com+15ChartMill+15
Summary: Strong week led by mega‑cap tech, fresh QQQ highs, and solid breadth overall.
2. Upcoming Major Economic Reports & Market-Moving Events (Week of Aug 11–15)
- Tuesday, Aug 12
- CPI (Jul) – 8:30 am ET.
- US‑China tariff truce deadline—market focus on deal outcome. Business Insider+13Reuters+13Financial Times+13MarketWatch+1
- Wednesday, Aug 13
- Jackson Hole symposium begins, culminating with Powell’s speech—major Fed event.
- Thursday, Aug 14
- PPI (Jul) – 8:30 am ET.
- Initial jobless claims – 8:30 am ET.
- Friday, Aug 15
- Retail Sales (Jul) – 8:30 am ET.
- Industrial Production (Jul) – 9:15 am ET.
- Prelim Michigan Consumer Sentiment – 10:00 am ET.
Global spotlight: Powell’s messaging and inflation prints dominate narrative; tariff dynamics add a geopolitical overlay.
3. Upcoming Major U.S. Earnings Reports (Week of Aug 11–15)
Based on Investing.com, Yahoo Finance, and other earnings calendars:
- Wednesday, Aug 13
- Cisco (CSCO) – After-market.
- Thursday, Aug 14
- Applied Materials (AMAT) – After-market.
- JD.com (JD) – Premarket.
- Tapestry (TPR) – Premarket.
- Friday, Aug 15
- Deere (DE) – Pre-market.
30‑Day Outlook
Lean Bullish
- Tech led a strong advance; QQQ hit a record, while breadth—though improved—could use follow‑through.
- CPI and Powell speech present risk but also potential catalysts—if inflation is tame and Powell dovish, that leans bullish.
- Best strategy: Position bullishly with conditional responsiveness to key data, especially mid‑week.