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Charts of the Week: Crude Crumbles Below 80, Microsoft Rockets 15%, & Participation Surges

The Nasdaq Dorsey Wright Podcast··7 August 2026·23 min

About this episode

Markets are roaring back this week as breadth explodes: the Nasdaq Composite surged ~7%, the S&P 500 broke its triple-top to hit fresh all-time highs, and participation pushed to new 2026 highs with over two-thirds of stocks on a buy signal. We break down the technical picture across the S&P 500, Nasdaq 100, crude oil, and a sliding US dollar, plus blowout earnings from Microsoft (+15%) and Palantir (+30%). Images were taken from the Nasdaq Dorsey Wright Research Platform (linked below).  Get Our Weekly Newsletter:  NDW Lite: https://nd.nasdaq.com/Index-Preference-Center-LP-.html  How to Find Us:  X: https://x.com/DorseyWrightNDW  LinkedIn:  https://www.linkedin.com/company/nasdaqdorseywright  Research: https://dorseywright.nasdaq.com