Big Picture · Week of 10 August 2026

What the Talking
Headge Said.

Talking heads on US markets publish on their own YouTube channels and X handles. Headge turns those posts and videos into short, source-backed views of who said it, about what, which direction, and over which horizon, so the catch-up takes fifteen minutes.

DXY

USD has shifted from a long to a short position, reflecting a near-term bearish directional stance on the dollar.

Keith McCullough BEARISH

Hedgeye. Growth/inflation Quads, risk ranges, high-frequency cross-asset regime calls. Public direction, paid levels.

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Bullish

Editorial Representation of Steve Hanke

Copper remains a long position after US refined copper imports exceeded 200,000 tonnes in July, the largest monthly volume in 12 years.

Editorial Representation of Jeffrey Snider

An oil shock ultimately drives demand destruction and recession as weak households and businesses cut spending after higher fuel costs.

Editorial Representation of Darius Dale

The NASDAQ 100 remains bullish and oversold in the volatility-adjusted momentum and probable-range models, retaining a positive near-term price signal.

Editorial Representation of Cem Karsan

Liquidity is set to increase as money printing and rising cash conditions point toward a more supportive market backdrop.

Editorial Representation of Brian Shannon

The S&P 500 remains in an uptrend above rising longer-term moving averages, indicating a bullish broader market structure despite earlier-year correction risks.

Bearish

Editorial Representation of Keith McCullough

USD has shifted from a long to a short position, reflecting a near-term bearish directional stance on the dollar.

Editorial Representation of Mark Newton

The US dollar and $DXY made a technically important breakdown, with coordinated depreciation potentially supporting deficit reduction if growth remains steady.

Editorial Representation of Ben Carlson

US government debt is unlikely to trigger a crisis despite continued spending, reserve-currency status, and persistent Treasury demand.

Editorial Representation of Jason Shapiro

The dollar remains vulnerable after its earlier top because speculative positioning is still extremely long, making further weakness more likely.

Editorial Representation of Jurrien Timmer

AI faces longer-term risks from frontier-model commodification, potential hyperscaler capex downticks, and heavy semiconductor-related debt issuance despite demand currently exceeding supply.

1 Week Horizon

And 71 More

1 Month Horizon

And 192 More

1 Year Horizon

And 107 More

Moved Since Yesterday

Editorial Representation of Adam Mancini Mancini · SPY
Adam Mancini
BEARISH BULLISH Week

The S&P needs to reclaim 7716 to target 7724, 7738–42, and 7758, while a break below 7706 would trigger a sell setup.

Editorial Representation of Keith McCullough McCullough · DXY
Keith McCullough
BULLISH BEARISH Month

The U.S. dollar remains short against gold as the alpha position, rather than a long Bitcoin allocation, under the current market regime.

Editorial Representation of Luke Gromen Gromen · Fiscal & Treasury
Luke Gromen
BULLISH BEARISH Year

Trust in fiscal institutions faces a bear market, reflecting a structural erosion of confidence rather than a short-term market call.

Editorial Representation of Brent Kochuba Kochuba · Positioning & Vol
Brent Kochuba
BEARISH BULLISH Month

Equity traders remain heavily concentrated in calls across leading stocks, with one-month 25-delta call implied volatility elevated relative to put implied volatility.

Editorial Representation of Brian Shannon Shannon · SPY
Brian Shannon
BULLISH BEARISH Week

The S&P faces a likely failed breakout and test of the liquidation-low VWAP after steady overnight selling pushed futures below declining five-period moving averages.

Editorial Representation of Brian Shannon Shannon · QQQ
Brian Shannon
BULLISH BEARISH Week

Nasdaq faces a likely failed breakout and test of the liquidation-low VWAP after steady overnight selling pushed futures below declining five-period moving averages.

Where They Diverge

TLT
Inflation
Fed Policy
Fiscal & Treasury
Growth
SPY

Words

GoldInflationTreasuryYieldsDollarMarketDebtOilFedPricesS&PBitcoinGrowthBondsLiquidityEconomyDespiteLongDemandFederalAbovePressureRatesStocksRiskSpendingEarningsMomentumTreasuriesYieldHighsNear-TermRisingBondConsumerDayGlobalPolicy

Method

How Headge Works

  1. 01

    Discover

    Talking heads publish on their own YouTube channels and X handles. Headge credits the speaker, never the venue that hosted them.

  2. 02

    Place

    Each directional claim lands on one topic, with a horizon and a source. If it cannot be placed confidently, there is No View — not a guess.

  3. 03

    Read

    Start with Latest, then the 1 Week, 1 Month, and 1 Year horizons. Open a portrait for the analyst, or a summary for the topic.

  • Source-Backed

    Every view links to the original post or the exact YouTube moment.

  • Closed Catalog

    A view occupies one named topic. Headge does not invent a new one to make it fit.

  • Mix Is a Count

    Bull, Neutral, and Bear are tallies of unique analysts, not a house call.