Paid Subscriber – Quant Weekly +73% – Quant 30 +63% – New Updates – Update 08/31/26

Reverse Stock Splits: Buying Opportunity or Warning Sign?

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• Quant Weekly – Up over 73% since June 2025

• Quant 30 – Up over 63% since June 2025

• Legacy – Up over 310% since April 2023

• Changes to the main Quant Portfolios

• Top Quant Stocks – Top 10 Financials – Bank stocks

• Education – Reverse Stock Splits: Buying Opportunity or Warning Sign?

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USA Stock market week ending 08/28/26

• SPY — SPDR S&P 500 ETF Trust: +0.5% — The broad large-cap market finished modestly higher, helped by strong Nvidia earnings and AI optimism, although Friday’s gains reversed as Fed Chair Kevin Warsh’s Jackson Hole comments increased expectations for tighter monetary policy.

• ^IXIC — Nasdaq Composite Index: +0.8% — The Nasdaq outperformed the broader market as technology and software stocks rallied, with Nvidia’s strong earnings and outlook providing a major boost; however, higher Treasury yields and renewed rate-hike concerns pressured tech shares late in the week.

• DIA — SPDR Dow Jones Industrial Average ETF Trust: +0.3% — The Dow posted a smaller gain as strength in companies including Salesforce and other large-cap names helped offset weakness created by rising interest-rate expectations.

• IWM — iShares Russell 2000 ETF: -1.4% — Small caps significantly underperformed as higher Treasury yields and increased expectations for a September Fed rate hike pressured more interest-rate-sensitive companies; the underlying Russell 2000 fell about 1.5% for the week.

• SPMO — Invesco S&P 500 Momentum ETF: -1.3% — Momentum stocks struggled despite the broader Nasdaq gain, with SPMO hit by the Monday selloff and Friday’s technology reversal following Warsh’s comments; SPMO’s daily data shows a 1.74% decline Monday and another 1.22% decline Friday

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Market Drivers this Week (08/31/26 – 09/04/26)

• Mon. 8/31: Global manufacturing data, including China’s August PMI, set the tone, while U.S. markets look ahead to a busy week of labor and economic releases.

• Tue. 9/1: JOLTS job openings for July arrive at 10:00 a.m. ET, while U.S. construction spending is also released. Earnings include Palo Alto Networks, MongoDB, Dell, Credo Technology and GitLab after the close.

• Wed. 9/2: ADP’s August employment report arrives, along with the ISM Beige Book and the Bank of Canada rate decision at 9:45 a.m. ET. Broadcom, Snowflake and Hewlett Packard Enterprise report earnings after the close.

• Thu. 9/3: A major data day: U.S. trade balance, weekly jobless claims, ISM Services PMI and revised Q2 productivity/costs are scheduled. Fed Governor Christopher Waller speaks at 8:30 a.m. ET, while earnings include Ciena, Zscaler, Samsara, DocuSign and UiPath.

• Fri. 9/4: The week’s biggest event is the August U.S. Employment Situation report at 8:30 a.m. ET, including nonfarm payrolls and the unemployment rate.

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The CNN Fear and Greed Index ends the week at 54. Just barely dropping out of the Greed area into the Neutral area for the second week in a row. This is the fourth week in a row the index has been firmly out of the Fear area. The stock market remains choppy.

• 8/28/26 – 54 Neutral

• 8/21/26 – 55 Neutral

• 8/14/26 – 65 Greed

• 8/7/26 – 64 Greed

• 7/31/26 – 42 Fear

• 7/24/26 – 39 Fear

• 7/17/26 – 37 Fear

• 7/10/26 – 49 Neutral

• 7/3/26 – 32 Fear

• 6/26/26 – 25 Extreme Fear

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The Quant Model Portfolios had a slightly down week. This is in keeping with momentum stocks as a whole having a slightly down week too. With the CNN Fear and Greed Index in Neutral for two weeks now, expecting a move up or down in the coming weeks. If the momentum stocks come back into favor, I expect the Portfolios will lead the way up.