Daily edition · 1 August 2026

The market at a glance

The brief for 1 August 2026. Read today’s brief

Market sentiment

History shown

51% bullish — 51% of the articles that took a side on S&P 500 and Nasdaq 100 argued equities higher this week.

Of articles taking a side · Past 7 days

S&P 500 · Nasdaq 100

From 37% on 26 Jul to 51% on 1 Aug; low 22% on 29 Jul, high 51% on 1 Aug.

Equities narrative sentiment, the 7 days to 1 Aug 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-07-26	37
2026-07-27	37
2026-07-28	34
2026-07-29	22
2026-07-30	22
2026-07-31	39
2026-08-01	51

From 53% on 3 Jul to 51% on 1 Aug; low 22% on 29 Jul, high 65% on 16 Jul.

Equities narrative sentiment, the 30 days to 1 Aug 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-07-03	53
2026-07-04	61
2026-07-05	61
2026-07-06	61
2026-07-07	61
2026-07-08	47
2026-07-09	47
2026-07-10	55
2026-07-11	56
2026-07-12	56
2026-07-13	58
2026-07-14	39
2026-07-15	51
2026-07-16	65
2026-07-17	47
2026-07-18	35
2026-07-19	33
2026-07-20	32
2026-07-21	41
2026-07-22	46
2026-07-23	37
2026-07-24	37
2026-07-25	37
2026-07-26	37
2026-07-27	37
2026-07-28	34
2026-07-29	22
2026-07-30	22
2026-07-31	39
2026-08-01	51

From 32% on 22 Jun to 51% on 1 Aug; low 11% on 24 Jun, high 65% on 16 Jul. 49 days have no reading and are left as a gap.

Equities narrative sentiment, the 90 days to 1 Aug 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-06-22	32
2026-06-23	20
2026-06-24	11
2026-06-25	27
2026-06-26	36
2026-06-27	32
2026-06-28	35
2026-06-29	34
2026-06-30	46
2026-07-01	63
2026-07-02	57
2026-07-03	53
2026-07-04	61
2026-07-05	61
2026-07-06	61
2026-07-07	61
2026-07-08	47
2026-07-09	47
2026-07-10	55
2026-07-11	56
2026-07-12	56
2026-07-13	58
2026-07-14	39
2026-07-15	51
2026-07-16	65
2026-07-17	47
2026-07-18	35
2026-07-19	33
2026-07-20	32
2026-07-21	41
2026-07-22	46
2026-07-23	37
2026-07-24	37
2026-07-25	37
2026-07-26	37
2026-07-27	37
2026-07-28	34
2026-07-29	22
2026-07-30	22
2026-07-31	39
2026-08-01	51

From 64% on 26 Jul to 55% on 1 Aug; low 55% on 1 Aug, high 65% on 28 Jul.

Crypto narrative sentiment, the 7 days to 1 Aug 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-07-26	64
2026-07-27	64
2026-07-28	65
2026-07-29	59
2026-07-30	57
2026-07-31	57
2026-08-01	55

From 40% on 3 Jul to 55% on 1 Aug; low 40% on 3 Jul, high 74% on 9 Jul.

Crypto narrative sentiment, the 30 days to 1 Aug 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-07-03	40
2026-07-04	48
2026-07-05	56
2026-07-06	61
2026-07-07	65
2026-07-08	71
2026-07-09	74
2026-07-10	71
2026-07-11	66
2026-07-12	66
2026-07-13	63
2026-07-14	60
2026-07-15	59
2026-07-16	64
2026-07-17	67
2026-07-18	68
2026-07-19	67
2026-07-20	67
2026-07-21	68
2026-07-22	71
2026-07-23	72
2026-07-24	69
2026-07-25	67
2026-07-26	64
2026-07-27	64
2026-07-28	65
2026-07-29	59
2026-07-30	57
2026-07-31	57
2026-08-01	55

From 70% on 21 Jun to 55% on 1 Aug; low 27% on 30 Jun, high 74% on 9 Jul. 48 days have no reading and are left as a gap.

Crypto narrative sentiment, the 90 days to 1 Aug 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-06-21	70
2026-06-22	59
2026-06-23	66
2026-06-24	56
2026-06-25	47
2026-06-26	42
2026-06-27	41
2026-06-28	36
2026-06-29	34
2026-06-30	27
2026-07-01	27
2026-07-02	32
2026-07-03	40
2026-07-04	48
2026-07-05	56
2026-07-06	61
2026-07-07	65
2026-07-08	71
2026-07-09	74
2026-07-10	71
2026-07-11	66
2026-07-12	66
2026-07-13	63
2026-07-14	60
2026-07-15	59
2026-07-16	64
2026-07-17	67
2026-07-18	68
2026-07-19	67
2026-07-20	67
2026-07-21	68
2026-07-22	71
2026-07-23	72
2026-07-24	69
2026-07-25	67
2026-07-26	64
2026-07-27	64
2026-07-28	65
2026-07-29	59
2026-07-30	57
2026-07-31	57
2026-08-01	55

From 15% on 26 Jul to 11% on 1 Aug; low 11% on 31 Jul, high 17% on 29 Jul.

Bonds narrative sentiment, the 7 days to 1 Aug 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-07-26	15
2026-07-27	15
2026-07-28	16
2026-07-29	17
2026-07-30	13
2026-07-31	11
2026-08-01	11

From 23% on 3 Jul to 11% on 1 Aug; low 11% on 31 Jul, high 61% on 9 Jul.

Bonds narrative sentiment, the 30 days to 1 Aug 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-07-03	23
2026-07-04	39
2026-07-05	40
2026-07-06	41
2026-07-07	46
2026-07-08	53
2026-07-09	61
2026-07-10	51
2026-07-11	34
2026-07-12	29
2026-07-13	29
2026-07-14	17
2026-07-15	35
2026-07-16	46
2026-07-17	42
2026-07-18	43
2026-07-19	43
2026-07-20	42
2026-07-21	41
2026-07-22	31
2026-07-23	21
2026-07-24	21
2026-07-25	16
2026-07-26	15
2026-07-27	15
2026-07-28	16
2026-07-29	17
2026-07-30	13
2026-07-31	11
2026-08-01	11

From 5% on 22 Jun to 11% on 1 Aug; low 3% on 23 Jun, high 61% on 9 Jul. 49 days have no reading and are left as a gap.

Bonds narrative sentiment, the 90 days to 1 Aug 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-06-22	5
2026-06-23	3
2026-06-24	7
2026-06-25	9
2026-06-26	10
2026-06-27	9
2026-06-28	14
2026-06-29	12
2026-06-30	17
2026-07-01	14
2026-07-02	10
2026-07-03	23
2026-07-04	39
2026-07-05	40
2026-07-06	41
2026-07-07	46
2026-07-08	53
2026-07-09	61
2026-07-10	51
2026-07-11	34
2026-07-12	29
2026-07-13	29
2026-07-14	17
2026-07-15	35
2026-07-16	46
2026-07-17	42
2026-07-18	43
2026-07-19	43
2026-07-20	42
2026-07-21	41
2026-07-22	31
2026-07-23	21
2026-07-24	21
2026-07-25	16
2026-07-26	15
2026-07-27	15
2026-07-28	16
2026-07-29	17
2026-07-30	13
2026-07-31	11
2026-08-01	11

From 56% on 26 Jul to 59% on 1 Aug; low 49% on 30 Jul, high 68% on 28 Jul.

Metals narrative sentiment, the 7 days to 1 Aug 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-07-26	56
2026-07-27	61
2026-07-28	68
2026-07-29	57
2026-07-30	49
2026-07-31	55
2026-08-01	59

From 32% on 3 Jul to 59% on 1 Aug; low 27% on 19 Jul, high 68% on 28 Jul.

Metals narrative sentiment, the 30 days to 1 Aug 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-07-03	32
2026-07-04	43
2026-07-05	41
2026-07-06	44
2026-07-07	47
2026-07-08	51
2026-07-09	55
2026-07-10	49
2026-07-11	41
2026-07-12	42
2026-07-13	38
2026-07-14	33
2026-07-15	36
2026-07-16	35
2026-07-17	32
2026-07-18	28
2026-07-19	27
2026-07-20	28
2026-07-21	35
2026-07-22	44
2026-07-23	57
2026-07-24	57
2026-07-25	55
2026-07-26	56
2026-07-27	61
2026-07-28	68
2026-07-29	57
2026-07-30	49
2026-07-31	55
2026-08-01	59

From 5% on 22 Jun to 59% on 1 Aug; low 5% on 22 Jun, high 68% on 28 Jul. 49 days have no reading and are left as a gap.

Metals narrative sentiment, the 90 days to 1 Aug 2026: the share of articles taking a side that were bullish, each day a 7-day reading. Days without a reading are not listed.
Date	Bullish share (%)
2026-06-22	5
2026-06-23	48
2026-06-24	32
2026-06-25	27
2026-06-26	26
2026-06-27	27
2026-06-28	29
2026-06-29	29
2026-06-30	21
2026-07-01	21
2026-07-02	22
2026-07-03	32
2026-07-04	43
2026-07-05	41
2026-07-06	44
2026-07-07	47
2026-07-08	51
2026-07-09	55
2026-07-10	49
2026-07-11	41
2026-07-12	42
2026-07-13	38
2026-07-14	33
2026-07-15	36
2026-07-16	35
2026-07-17	32
2026-07-18	28
2026-07-19	27
2026-07-20	28
2026-07-21	35
2026-07-22	44
2026-07-23	57
2026-07-24	57
2026-07-25	55
2026-07-26	56
2026-07-27	61
2026-07-28	68
2026-07-29	57
2026-07-30	49
2026-07-31	55
2026-08-01	59

How this is measured

What moved markets on 1 August?

Markets are in a mixed mood, with energy stocks rising due to geopolitical tensions while tech faces a more uncertain outlook. Most assets are moving in different directions, with about half leaning positive and half negative. The biggest cross-market dynamic is the impact of geopolitical tensions on energy prices and related stocks.

Energy stocks are climbing as tensions in the Middle East push oil prices higher.
Tech stocks are seeing mixed reactions, with some companies thriving and others struggling with investment concerns.
Investors are closely watching how rising interest rates might affect the economy and markets.

What is driving it?

Geopolitical tensions in the Middle East are driving energy stocks higher, as crude oil prices rise.
Institutional interest in Ethereum and Solana is gaining momentum, with new ETFs and regulatory clarity boosting sentiment.
Concerns about the sustainability of AI investments are weighing on tech stocks, despite strong earnings from key players like Microsoft.
Rising Treasury yields are creating uncertainty around inflation and central bank policies.

Where do assets diverge?

Energy stocks are rising due to geopolitical tensions, while tech stocks face mixed feelings over AI investment concerns.
Ethereum and Solana are gaining interest from big investors, but Bitcoin is facing negative views due to security worries and price swings.
Rising Treasury yields are causing uncertainty in bond markets, while stocks are viewed positively.

Threads across assets

Solana's reputation with big investors is improving thanks to better network reliability and clearer regulations.
Concerns are growing about how quantum computing might affect Bitcoin's security, which could impact views on cryptocurrencies.
The shrinking gold-silver ratio suggests investors are favoring silver due to its industrial demand.

The long read

The biggest shift across markets is the rising interest in energy stocks due to geopolitical tensions, which is lifting sentiment in the S&P 500 and Dow Jones. This has been building over the past three weeks as crude oil prices have appreciated. Meanwhile, tech stocks are experiencing mixed signals; while some companies like Microsoft are bolstering confidence with strong earnings, concerns about AI investment sustainability are causing pullbacks in others. Institutional interest in Ethereum and Solana is accelerating, driven by new ETFs and regulatory clarity, indicating a positive outlook for these assets.

1 August 2026 · Narrative sentiment measures published coverage, not investor opinions or price returns.

Selected asset readings · 1 August

The assets whose readings moved most in this edition. Explore the coverage around each.

Swipe to see the selected assets

Equities · NDX

Nasdaq 100

Narrative sentiment

43% bullish

Of articles taking a side · 7 days to 31 July 2026

Bullish share up 15 points since 31 Jul

In short

After a brutal week of negative headlines, tech stocks are bouncing back sharply — Microsoft's strong earnings just changed the mood overnight.

Equities · SPX

S&P 500

Narrative sentiment

58% bullish

Of articles taking a side · 7 days to 31 July 2026

Bullish share up 10 points since 31 Jul

In short

Apple just changed the AI conversation — investors are rewarding its low-cost approach to artificial intelligence while growing skeptical of rivals spending billions on infrastructure.

Equities · DJI

Dow Jones

Narrative sentiment

69% bullish

Of articles taking a side · 7 days to 31 July 2026

Bullish share up 6 points since 31 Jul

In short

The Dow is quietly climbing today, but the usual chatter explaining why has gone almost completely silent — a calm that feels a little too calm after a rocky week.

Commodities · GOLD

Gold

Narrative sentiment

62% bullish

Of articles taking a side · 7 days to 31 July 2026

Bullish share up 4 points since 31 Jul

In short

Gold's mood just cooled sharply — a rising U.S. dollar is grabbing headlines and pushing the optimism from last week's rally out of the conversation.

Commodities · SILVER

Silver

Narrative sentiment

53% bullish

Of articles taking a side · 7 days to 31 July 2026

Bullish share up 4 points since 31 Jul

In short

Silver's long-running "industrial demand will keep prices up" story is fading fast, while a new wave of skepticism — comparing silver unfavorably to stocks — is picking up steam.

Crypto · SOL

Solana

Narrative sentiment

58% bullish

Of articles taking a side · 7 days to 31 July 2026

Bullish share down 5 points since 31 Jul

In short

After a strong week of coverage, Solana went quiet today — the only story getting real attention is an old FTX-linked one that's suddenly picking up steam again.

Equities · NVDA

NVIDIA

Narrative sentiment

53% bullish

Of articles taking a side · 7 days to 31 July 2026

Bullish share down 3 points since 31 Jul

In short

Nvidia is still seen mostly positively, but a growing worry about whether its AI customers can actually afford what they're buying just picked up real speed this week.

Crypto · ETH

Ethereum

Narrative sentiment

73% bullish

Of articles taking a side · 7 days to 31 July 2026

Bullish share down 2 points since 31 Jul

In short

After a week of growing excitement about Ethereum, today's coverage turned cautious, with fresh doubts about whether the recent price rally can hold.

Crypto · BTC

Bitcoin

Narrative sentiment

46% bullish

Of articles taking a side · 7 days to 31 July 2026

Bullish share down 1 point since 31 Jul

In short

Bitcoin's mood just turned noticeably darker after a few calmer days, driven by fresh worries that companies holding Bitcoin are making their own finances unpredictable.

1 of 9

Narratives gaining or losing attention

The narratives whose share of coverage changed most in this edition.

Scroll sideways or use the arrows

Accelerating

Oil-Driven Inflation Treasury Yield Pressure

US 10-Year Bond · Bearish

The argument: Concerns about higher Treasury yields are causing market uncertainty regarding inflation.

Attention: 5.5% → 23.5% of US 10-Year Bond coverage in the 3 days to 1 Aug, vs the 3 days before.

Read the narrative: Oil-Driven Inflation Treasury Yield Pressure

Accelerating

Iran Conflict Oil Inflation Pressure

Dow Jones · Bearish

The argument: Rising oil prices from Middle East conflict will create inflation pressures that constrain central bank policy flexibility

Attention: 0% → 15.4% of Dow Jones coverage in the 3 days to 1 Aug, vs the 3 days before.

Read the narrative: Iran Conflict Oil Inflation Pressure

Accelerating

Mideast Tension Energy Outperformance

Dow Jones · Bullish

The argument: Energy stocks will outperform during periods of Middle East geopolitical tension due to crude oil price appreciation

Attention: 0% → 15.4% of Dow Jones coverage in the 3 days to 1 Aug, vs the 3 days before.

Read the narrative: Mideast Tension Energy Outperformance

Accelerating

Solana Institutional Settlement Credibility Rebuild

Solana · Bullish

The argument: Solana's institutional credibility has been rehabilitated through network reliability improvements and technical design advantages that make it superior to alternatives for regulated asset settlement.

Attention: 0% → 13.2% of Solana coverage in the 3 days to 1 Aug, vs the 3 days before.

Read the narrative: Solana Institutional Settlement Credibility Rebuild

Accelerating

Google AI Image Safety Rollback

Google · Bearish

The argument: Google's AI image generation features pose misinformation risks that require safety guardrails, forcing the company to pause product rollouts

Attention: 0% → 11% of Google coverage in the 3 days to 1 Aug, vs the 3 days before.

Read the narrative: Google AI Image Safety Rollback

1 of 5

What to watch for

Middle East developments and their effect on energy prices could further impact stock markets.
Ongoing interest in Ethereum and Solana through ETFs and regulatory changes.
The future of AI investments and their effect on tech stocks, especially in semiconductors.
Changes in Treasury yields and possible central bank policy shifts due to inflation worries.

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