08/28/2026
📊🍵 REINE CHELL LLC — FRIDAY MARKET TEA 🍵📊
📅 August 28, 2026
🚦 MARKET MOOD: 🟡 CAUTIOUS / WAIT-AND-SEE
Good morning, investors! Wall Street is wrapping up a major week of AI earnings and economic data, but today's attention shifts from corporate America to the Federal Reserve.
📊 MARKET SNAPSHOT — PREMARKET
S&P 500 Futures: ➖ ~0.0%
Nasdaq 100 Futures: 🔴 ~−0.3%
Dow Jones Futures: 🟢 ~+0.2%
Gold Futures: ➖ Near $4,666/oz
Brent Crude: 🔴 ~−0.4%
Premarket prices fluctuate before the opening bell.
🍵 THE REAL TEA
JACKSON HOLE TAKES CENTER STAGE
Federal Reserve Chair Kevin Warsh is scheduled to speak at 10:00 AM ET, putting interest rates and inflation directly in the spotlight.
Investors will be listening carefully for clues about the Fed's outlook and the future path of monetary policy. Treasury yields and technology stocks could be particularly sensitive to his comments.
NVIDIA DELIVERED
NVIDIA reported quarterly revenue of $96.22 billion, up 106% year over year, with EPS of $2.22.
The company also projected approximately $108 billion in revenue for the next quarter, reinforcing the strength of global AI infrastructure demand.
Marvell Technology (MRVL) is trading sharply lower as investors digest its outlook and question the timing of meaningful revenue from its Google custom-chip partnership.
It's another reminder that even within the AI trade, expectations matter.
PayPal (PYPL) is experiencing significant premarket volatility following reports that potential buyers stepped away from acquisition discussions.
📰 TODAY'S HEADLINES
U.S. futures trade mixed ahead of the Fed's Jackson Hole message.
NVIDIA's blockbuster earnings reinforce strong AI infrastructure demand.
Marvell falls as investors scrutinize its AI-related growth timeline.
PayPal experiences heavy premarket volatility.
Gold holds near elevated levels as investors balance interest-rate and fiscal concerns.
📅 EARNINGS TO WATCH
Today's earnings calendar is lighter following a packed week of technology reports.
Laurentian Bank (LB.TO) is among the notable Canadian companies reporting today.
International companies scheduled to report include BYD and BW LPG.
⭐ WHY IT MATTERS: Today's bigger story is the market's reaction to earnings already released this week. NVIDIA demonstrated extraordinary AI demand, while Marvell's reaction shows that investors are becoming increasingly selective about ex*****on, guidance and valuation.
📅 ECONOMIC WATCH
🏦 10:00 AM ET — Fed Chair Kevin Warsh at Jackson Hole
📊 10:00 AM ET — Final University of Michigan Consumer Sentiment
⭐ FRIDAY WEEK IN REVIEW
🤖 AI: NVIDIA delivered another blockbuster quarter, reinforcing the enormous demand behind the global AI infrastructure buildout.
📈 MARKETS: Thursday saw the S&P 500 rise roughly 0.7%, Nasdaq gain about 1.3%, and Dow advance around 0.2% as NVIDIA helped lift technology sentiment.
INFLATION: Investors continued evaluating inflation data and what it means for future Federal Reserve policy.
THE FED: Jackson Hole now becomes the market's next major catalyst.
👀 NEXT WEEK: Watch the market's reaction to the Fed message, Treasury yields, AI momentum, upcoming labor-market data, and whether investors continue rotating beyond mega-cap technology.
🎯 REINE CHELL LLC INSIGHT
Today's lesson is simple:
Don't chase the first move. Watch the message. Watch Treasury yields. Watch how the broader market responds.
Great investing isn't about reacting faster than everyone else. It's about staying informed, managing risk and executing a disciplined strategy.
Study the data. Respect the trend. Manage the risk. Execute the plan.
👑 PLAN. TRADE. PROFIT.
Stay informed. Stay disciplined. Stay elevated. 💛
