Swami Weekly Wrap: July 27th, 2026 [US Dollar signal pays out & Equities (SPY) still a buy here]

Hi Swami Subs,

After several quieter weeks on the macro board, the signals are starting to move again.

One of last week’s new macro signals already paid out quickly, while the other remains open and continues to shape the setup heading into next week. Equities still look like one of the cleaner areas on the board, but this is not a broad “everything is working” tape. Bonds remain broken, crypto is still firmly bearish, and commodities are improving only at the margin.

Under the surface, THE MACHINE is also shifting the Swami All-Equity portfolio again. Financials and Real Estate move into the top sector slots, software re-enters the thematic sleeve, and energy exposure remains alive through XOP. At the same time, cybersecurity continues to hold signal strength, with PANW staying in the portfolio for another week.