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The Daily Dashboard

Palladium Rips 7% as Oil's Slide Extends to Day Two

Platinum Follows With a 6.6% Jump While Stocks Hit Fresh Records

Wednesday, August 5, 2026

TRADER'S BRIEF

  • Palladium (PALL, +7.31%) and platinum (PPLT, +6.64%) shot higher, both confirming GREEN, as South African supply-disruption reports hit an already-hot PGM market.

  • Crude (USO, -5.19%) extended Monday's -5.46% drop for a second straight session, a two-day, roughly 10% cumulative slide, as the Iran ceasefire holds and OPEC+'s reported September output hike keeps adding supply-side pressure.

  • The S&P (SPY, +1.80%) closed above 771 for a second straight record, and the Nasdaq (QQQ, +3.40%) confirmed GREEN with its sharpest single-day gain of the stretch.

  • The dollar (UUP) closed essentially flat at 28.16 for a third straight session, holding the Supercycle Score at 20/100 ("Strong Headwind") — but its own trend reading flipped from red back to yellow, its first stall in the slide.

  • Silver (SLV, +2.63%) and gold (GLD, +0.66% on the board; live spot near $4,217, up over 1.5% overnight) both confirmed GREEN, with copper (CPER, +1.26%) holding the board's steadiest uptrend at posture 93.

With Brad Hoppmann

Educational publication. Nothing in The Daily Dashboard is individualized investment advice. Trend readings and the Supercycle Score describe historical price behavior, not predictions.

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