SUPERCYCLETRADER.COM
The Daily Dashboard
The Holiday Couldn't Un-Crack the Dollar
Oil Slides Toward $68 as Wall Street Reopens Higher
Monday, July 6, 2026
TRADER'S BRIEF
1. The Supercycle Score holds at 10/100, "Strong Headwind": unchanged since Thursday's close, no new session has priced in yet as markets reopen from the July 4th holiday.
2. Live commodity screens show the metals holding Thursday's pop into the reopen: gold ~4,155, silver ~62.2 (+~1.9%), copper firm.
3. Crude is today's real mover: sliding again toward $68/bbl as OPEC+ raises output and Iran/Strait-of-Hormuz tensions keep easing, a second leg lower after Thursday.
4. JPMorgan's Kelsey Berro: a July hike is "off the table," Fed likely on hold the rest of the year. Equity futures point higher (Nasdaq futures +310 pts premarket) on a record-Dow, broadening-AI-trade tone.
5. Bonds stay "out of sync" with the equity rally (Barron's); the long end sticky even as stocks make highs. Today's COT (positioning as of 6/30) is due but not delivered via our feed as of build time.
With Brad Hoppmann
That's the free preview. Below: the full Scoreboard, the Supercycle Score, today's macro read, and the Taintsville Take.
Educational publication. Not investment advice.