Pre-Market Brief | Thursday, August 6, 2026
The index keeps setting records, then punishing the companies spending to win in AI. HubSpot beat its numbers and lost nearly a quarter of its value.
Where Futures Sit
Dow futures are up about 80 points.
S&P 500 futures are up 0.1 percent, holding near 7,760.
Nasdaq 100 futures are down 0.4 percent as chip and software names drag.
Monday the S&P closed above 7,700 for the first time. The record still stands. The leadership underneath it is getting narrower.
It wasn't debated in the Senate. And most Americans have no idea it's even taking place but…
President Trump is replacing the U.S. dollar. Not with crypto.
Not with a digital currency.
Something far bigger than that – and it's already been signed and sealed in the back rooms of D.C., ready to be issued by the U.S. Treasury.
Bypassing every legal and political channel under the guise of "national security," ...
Macro Pulse
Weekly jobless claims and second-quarter productivity and labor costs today at 8:30 AM ET. June wholesale trade follows at 10.
The 10-year Treasury sits at 4.62 percent. Fed funds futures now price roughly a 55 percent chance of a September rate hike, not a cut. That is a shift worth watching.
Oil is steady. WTI crude sits near $75.50, with Brent close to $80. Oman-brokered talks on Strait of Hormuz shipping access are moving forward, though control and fee terms are still open.
If you don't know Marc Chaikin, he's a living Wall Street legend that famous investors like Steve Cohen owe a huge debt of gratitude to for helping them build billion-dollar businesses.
He's even been nicknamed "The Billionaire Maker." So, when he comes out with a new stock recommendation, I pay attention.
The one below is so promising...
I had to share it with you today.
And if you click any of the links in Marc's e-mail below, you'll get the name and Ticker
Tickers To Watch
HUBS: Down about 23 percent. It beat on revenue, then cut its full-year outlook as the AI pivot slows near-term customer growth. Agent adoption rose 80 percent.
APP: Down roughly 15 percent after a second-quarter revenue miss.
AMD: Under pressure as investors question the payoff on its AI capital spending.
WDC, SNDK: Both lower on storage-sector weakness.
SPCX: Near its lows as today's lockup expiration opens the door to insider selling.
The REAL Reason Trump Is Invading Iran For a moment…
Forget about Trump’s ties to Israel. Forget about reports of Iran’s nuclear program.
Because my research has led me to believe we’re risking World War 3 with Iran for a completely different reason.
Click here to find out what it is. If you have even a single dollar invested in the U.S. stock market..
...this is going to directly impact you.
Discover the reason here.
Bottom Line
The index is green. The market is not calm.
Today shows a tape that will pay for AI results but not for AI promises.
A beat is no longer enough if the guidance flinches. HubSpot proved that before breakfast.
For an investor near retirement, the risk here is concentration. The same handful of names carrying these record highs are the ones getting repriced on a single soft sentence. Owning the winner and owning the theme are not the same trade.
...make sure you use this 5-part "Safe Trade Options Formula" that makes every trade a SAFE TRADE.
Once you start using this, I don't think you'll ever trade again without it. OK?
Go here to download your free Safe Trade Options Formula.
Good Trading,
Not investment advice. This is a research publication, not a financial advisor. Prices and figures are point-in-time snapshots and move daily. Do your own research and consider your own situation before making any investment decision.
Disclaimer:
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