Morning Dose #320: Cooling Momentum, Broadening Breadth: Setting Up for Retail Earnings Week – Monday 8/17/2026

Episode summary

The S&P’s three-week win streak meets a short-term momentum cooldown as breadth narrows and yields rise despite soft retail sales. With small- and mid-caps leading and energy strong, the desk stays patient under COUGAR ahead of a heavy retailer earnings slate starting with Home Depot.