US Stocks | Market Open Snapshot | August 12
I. Market Quick Overview (Beijing Time 21:31 / US Eastern Time 09:31)
All three major indexes opened higher across the board, with the Nasdaq leading:
- S&P 500:7755.05(+0.35%)
- Dow Jones:53810.92(+0.04%)
- Nasdaq:26639.12(+0.73%)
The VIX volatility index fell 1.96% to 14.98, suggesting a rebound in risk appetite. Pre-market expectations were relatively weak (S&P 500 fell 0.06% and Nasdaq fell 0.32% yesterday), but the actual open was clearly stronger than expected—an example of a “gap-down then rebound” reversal open.
II. Key Events Before the Open
1. CPI inflation data: This Wednesday and Thursday will release key inflation indicators. The market is cautious ahead of the data.
2. US-Iran situation: Ongoing disruptions are affecting crude oil and risk sentiment; Asian stocks were broadly down pre-market.
3. Earnings season is approaching:
- Tonight after the close: Cisco (CSCO) Q4 earnings
- Thursday before the open: Applied Materials (AMAT) Q3 earnings
- Thursday after the close: NU Holdings Q2 and Credicorp earnings
III. Notable Stock Movers
Bullish camp:
- NVIDIA (NVDA):+2.09% $222; Semiconductor ETF SOXX surged +3.20%
- AMD:+2.65% $486
- Broadcom (AVGO):+1.86%
- Mining stocks surge collectively: RIOT +5.14%, MARA +2.58%
Bearish camp:
- Apple (AAPL):-0.37%, down 2.7% over the past 5 days (still weak)
- Tesla (TSLA):-0.30%
- Microsoft (MSFT):-0.70%
- Eli Lilly (LLY):-1.59% (pharma sector weaker)
IV. Crypto Correlation: Outlook
Current crypto data:
- BTC:63869 USDT (24h -0.5%)
- ETH:1902.9 USDT (24h +0.86%)
- IBIT:+0.57%、MSTR:+0.40%、COIN:-0.04%
Watch: After US stocks open, BTC did not follow the Nasdaq higher—instead it dipped slightly, indicating crypto is still in a “cautious mode ahead of US market open.” But the mining stocks RIOT/MARA moving together up +5% is a signal that BTC could catch up later tonight.
Outlook: If the Nasdaq holds strength above +0.7%, BTC may surge toward the 64500 resistance level before 10:30 AM Eastern Time. Otherwise, if the Nasdaq pulls back, BTC could trade in a range of 63200-63800. ETH is relatively strong; the 1900 level has held—watch whether it can break above 1925.
V. Trading Advice: Go aggressive tonight or stay defensive?
Main logic:
1. Nasdaq strong + semiconductors leading + mining stocks moving up = a signal that risk appetite is returning
2. But ahead of CPI, the market doesn’t dare to push aggressively
3. Low VIX + indices gapping higher = bulls control the rhythm, but upside may be limited
Strategies:
- Aggressive camp: Take small positions to bet on NVDA/AMD continuing their strength (semiconductor volume expands)
- Defensive camp: Don’t add leverage ahead of CPI; wait until tonight or tomorrow’s data lands
- Crypto: If BTC pulls back into 63200-63500, consider scaling in to buy with stops below 63000. ETH support is stronger in the 1880-1900 range.
A seasoned old-timer’s one-liner: Before CPI, don’t go heavy on position sizing; semiconductors are strong but don’t chase; the mining-stock surge is worth watching, but don’t get carried away.
I. Market Quick Overview (Beijing Time 21:31 / US Eastern Time 09:31)
All three major indexes opened higher across the board, with the Nasdaq leading:
- S&P 500:7755.05(+0.35%)
- Dow Jones:53810.92(+0.04%)
- Nasdaq:26639.12(+0.73%)
The VIX volatility index fell 1.96% to 14.98, suggesting a rebound in risk appetite. Pre-market expectations were relatively weak (S&P 500 fell 0.06% and Nasdaq fell 0.32% yesterday), but the actual open was clearly stronger than expected—an example of a “gap-down then rebound” reversal open.
II. Key Events Before the Open
1. CPI inflation data: This Wednesday and Thursday will release key inflation indicators. The market is cautious ahead of the data.
2. US-Iran situation: Ongoing disruptions are affecting crude oil and risk sentiment; Asian stocks were broadly down pre-market.
3. Earnings season is approaching:
- Tonight after the close: Cisco (CSCO) Q4 earnings
- Thursday before the open: Applied Materials (AMAT) Q3 earnings
- Thursday after the close: NU Holdings Q2 and Credicorp earnings
III. Notable Stock Movers
Bullish camp:
- NVIDIA (NVDA):+2.09% $222; Semiconductor ETF SOXX surged +3.20%
- AMD:+2.65% $486
- Broadcom (AVGO):+1.86%
- Mining stocks surge collectively: RIOT +5.14%, MARA +2.58%
Bearish camp:
- Apple (AAPL):-0.37%, down 2.7% over the past 5 days (still weak)
- Tesla (TSLA):-0.30%
- Microsoft (MSFT):-0.70%
- Eli Lilly (LLY):-1.59% (pharma sector weaker)
IV. Crypto Correlation: Outlook
Current crypto data:
- BTC:63869 USDT (24h -0.5%)
- ETH:1902.9 USDT (24h +0.86%)
- IBIT:+0.57%、MSTR:+0.40%、COIN:-0.04%
Watch: After US stocks open, BTC did not follow the Nasdaq higher—instead it dipped slightly, indicating crypto is still in a “cautious mode ahead of US market open.” But the mining stocks RIOT/MARA moving together up +5% is a signal that BTC could catch up later tonight.
Outlook: If the Nasdaq holds strength above +0.7%, BTC may surge toward the 64500 resistance level before 10:30 AM Eastern Time. Otherwise, if the Nasdaq pulls back, BTC could trade in a range of 63200-63800. ETH is relatively strong; the 1900 level has held—watch whether it can break above 1925.
V. Trading Advice: Go aggressive tonight or stay defensive?
Main logic:
1. Nasdaq strong + semiconductors leading + mining stocks moving up = a signal that risk appetite is returning
2. But ahead of CPI, the market doesn’t dare to push aggressively
3. Low VIX + indices gapping higher = bulls control the rhythm, but upside may be limited
Strategies:
- Aggressive camp: Take small positions to bet on NVDA/AMD continuing their strength (semiconductor volume expands)
- Defensive camp: Don’t add leverage ahead of CPI; wait until tonight or tomorrow’s data lands
- Crypto: If BTC pulls back into 63200-63500, consider scaling in to buy with stops below 63000. ETH support is stronger in the 1880-1900 range.
A seasoned old-timer’s one-liner: Before CPI, don’t go heavy on position sizing; semiconductors are strong but don’t chase; the mining-stock surge is worth watching, but don’t get carried away.