Market Brief — August 23, 2026
Risk-on · Supportive. 25 Buy / 125 Hold / 32 Sell across 182 names. Top conviction: GOOGL.
Market Brief — August 23, 2026
Auto-generated by FilingSight from live FRED macro data and the latest SEC-derived company reports.
Macro regime
Risk-on · Supportive.
| Gauge | Status | Detail |
|---|---|---|
| Growth & Recession Gauge | Mixed / caution | Mixed / caution. Payrolls softening. |
| Inflation Regime | Moderating | Moderating. Headline CPI +3.3% YoY, core +2.5% YoY; 5Y breakeven 2.34%. |
| Financial Conditions | Neutral | Neutral. VIX 16.01, BAA-10Y credit spread 1.64pp. |
| Policy Stance | Near neutral | Near neutral. Fed funds 3.63%, real rate 1.16%. |
Rates & inflation
Fed funds 3.63%, headline CPI YoY 3.3%, VIX 16.0, yield curve upward-sloping.
Coverage breadth
Across 182 tracked names: 25 bullish, 125 neutral, 32 bearish outlook.
Highest-conviction bullish names:
- GOOGL (Alphabet Inc.) — Buy, composite score 33, confidence 65%.
- BKNG (Booking Holdings) — Buy, composite score 32, confidence 83%.
- CF (CF Industries) — Buy, composite score 31, confidence 82%.
- PINS (Pinterest Inc.) — Buy, composite score 30, confidence 64%.
Most bearish names:
- ON (ON Semiconductor Corp.) — Sell, score -46.
- TSLA (Tesla Inc.) — Sell, score -40.
- MCHP (Microchip Technology) — Sell, score -28.
What to watch
With the policy rate at 3.63% and CPI moderating to 3.3%, the supportive risk-on regime is underpinned by a gently upward-sloping yield curve and contained volatility at 16.0, though deteriorating internal breadth—125 Holds against 32 Sells versus just 25 Buys—reveals a narrowing rally dangerously reliant on mega-cap resilience. Watch whether leaders GOOGL and BKNG can sustain momentum to drag the broader tape higher, while any failure at these levels risks exposing the latent weakness across the laggard majority.
FilingSight is informational and educational only, generated from public data. Not investment advice.