1. IRAN/HORMUZ: Iran and Oman Agree on New Shipping Route Through the Strait; Joint Statement Pending; Temporary Deal Reportedly Waives Tolls; Oil Steadies
Following the technology-driven rally in the previous trading session, the US equity market experienced a notable sector rotation on 5 August 2026. Investors shifted toward Health Care and Materials while taking profits in Technology and Communication Services. Energy remained under significant pressure as weakness …
The latest Relative Rotation Graph (RRG) for 5 August 2026 shows an important shift in US sector leadership. Technology has rotated into the Improving quadrant following a prolonged period of underperformance, while Materials, Industrials, Health Care, Consumer Staples and Real Estate continue to occupy …
1. IRAN/OIL: Houthis Claim Strike on Saudi Tanker Near Yanbu, Souring Hormuz Reopening Hopes; Oil Rebounds After 6% Tuesday Drop; CENTCOM Says Southern Route "Free and Open"
The latest Relative Rotation Graph (RRG) for 4 August 2026 shows US sector leadership becoming increasingly balanced as growth-oriented sectors continue rebuilding momentum. Materials, Consumer Staples, Real Estate and Energy remain within the Leading quadrant, while Technology and Industrials continue strengthening in Improving. Utilities …
The US equity market extended its advance on 4 August 2026, with Technology leading a broad-based rally as investors continued rotating into growth-oriented sectors. Strong gains in Materials, Industrials, and Financials reinforced the constructive market backdrop, while most defensive sectors and Energy posted only …
1. IRAN/HORMUZ: Bessent Says Deal to Reopen Strait "Today or Tomorrow" Is Possible; Oil Falls 4%, Yields Slide; Trump Calls Iran "Unbelievably Duplicitous"
The US equity market delivered another constructive trading session on 3 August 2026, with investors extending buying across most major sectors. Communication Services led the advance, while Industrials, Consumer Discretionary, Technology, and Materials also posted strong gains. In contrast, Energy was the only sector …
The latest Relative Rotation Graph (RRG) for 3 August 2026 shows US sector leadership remaining well diversified. Energy continues to dominate the market despite moderating momentum, while Utilities, Materials, Consumer Staples and Real Estate maintain their positions in the Leading quadrant. Meanwhile, Technology has …
1. IRAN: Trump Cancels Planned Strike, Would Have Been Biggest Since WWII; Talks Set to Begin Monday Afternoon; Iran Denies Any Negotiations Planned; Oil Crashes 6%