Pre-market briefing July 21, 2026

Pre-Market Briefing for July 21, 2026

Today at a Glance

Briefs · earnings · signals, first Telegram · KakaoTalk channels

Previous Session Recap

Yesterday, the three major New York indexes closed with modest losses. The Dow led the decline, falling 0.59%, while the Nasdaq slipped 0.05% to stay roughly flat. Strong crude oil prices lifted the energy sector as the sole standout, while healthcare and materials lost ground by around 1%.

Current Market Tone

Pre-market sentiment is tilted toward risk-on. Nasdaq 100 futures are up nearly 1.4%, leading a rebound in semiconductor stocks, with sentiment boosted by NVIDIA's disclosure of a 9.3% stake in AI cloud provider Nebius. The U.S.-brokered Iran ceasefire has eased crude prices to around $90 per barrel, reducing a source of pressure. That said, the Trump administration's 50% tariff on Canada and the heavy slate of large-cap earnings due today are the biggest variables that could shift direction during the session.

Pre-Market News Roundup

Today's Events

Ex-Dividend

Stocks in Focus

Three names stand out on the technical side today. Oracle plunged 3.98% yesterday, with its RSI (Relative Strength Index) falling to 27, entering oversold territory. An RSI below 30 signals that the short-term decline has been excessive, and this is the level to watch for a technical bounce. Netflix also broke below the lower Bollinger Band with an RSI of 29, showing a similar oversold condition. Chevron, by contrast, broke above the upper Bollinger Band, signaling bullish momentum that aligns with elevated crude prices amid Middle East tensions, highlighting the energy sector's strength. However, an upper-band breakout can also signal overheating, so chasing the move warrants caution.

Today's Action Guide

Stay composed today. Wishing you a good day.