Swing Trade Ideas – August 5, 2025
Laurie’s Abbreviation Index:
** ‘div’ – dividend
** ‘m/m’ – month over month
** ‘y/y’ – year over year
** ‘Inven’ – inventories
** ‘mfg’ – manufacturing
** +/- – plus or minus, positive or negative
** Underlined text – higher volume premarket
** ‘d’ – day
** ‘Y’ – year
**govt – government
Color Key: Positive – Neutral – Negative
Global Markets: USA, Europe, Japan, China, Hong Kong – positive global set-up
· Commodities: Gold, Silver, Oil, natgas, AGGS, Industrial Metals, Bitcoin
· Yields: 30Y Bond -0.22% Currencies: USA$ +0.25%, CAD -0.1%, YEN-0.47%, BTC/USD +0.17%, Vix: 17.95
·
Stocks: HIMS-12%, CAT-1.3%, ETN-2.2%, VRTX-13%, PLTR+6.8%,
AXON+8%, DD+5%, LMND+5%, PFE+2.4%, EPS AXON+8%
upgrade, COIN -2.4% downgrade
Events: USA: ISM Services 10ET CDN: Canadian trade
imbalance 830ET
Equity: USA indices consolidating after the Monday surge well
above daily expected upper limit. MAG7 led by AMZN which fell Monday while META
MSFT GOOGL moved to the top of the weekly expected move. Index move Monday was
driven by IV drop due to puts bought Fri. With the bounce > 6300 SPX can
potentially crawl higher with just the 10ET PMI print on the docket. A large
iron condor with 6350 and 6300 strikes defines levels to watch and typically
one side is touched. Retail likes to buy their faves into earnings prints as
evidenced by PLTR Monday and it continues to move post report. Others reporting
this week are AMD and SMCI which have been bid. Quantum stocks are a
speculative group currently bid premarket. Industrial names CAT fell post
earnings but appears to be bouncing. COIN was downgraded and continuing to fall
so potentially bloom is coming off the bitcoin rose however retail is still
buying HOOD. HIMS fell post earnings but potential bounce underway, will
see if retail continues to buy the dip.
SPY 632.6 Resistance 635 638 Support 630 625; QQQ 564
Resistance 568 570 Support 565 563 561;
Daily Expected Move. SPX(6366-6294); SPY(635-627); QQQ(568-560);
IWM(222-217)
Stocks to watch PLTR, AMZN, AMD, SMCI, CAT, COIN, Speculative
DOCN,
QBTS, OKLO
Pre-800ET
Indices MSOS, UNG, ARKQ, IGV, ARKX, KWEB, XLK, IWM, SMH, QQQ, GDX, GLD,
USO, TLT, XLV
S&P500 ZTS, PLTR, ORCL, SMCI, AMD, PFE, MU, VRTX, COIN, ETN,
Other DOCN, SBET,
QBTS, LMND, SMR, OKLO, LUNR, LI, IONQ, RKLB, BP, JOBY, NBIS, ZETA, CRSP, HIMS,
GLXY, NVO
WallstBets PLTR, AMD, AEO, UNH, HIMS, BULL, SMCI, RDDT,
HOOD, SNAP
PLTR
PLTR higher post earnings with revenue continuing to exceed expectations. PLTR is below the expected move and potential continue higher or retrace. From option positioning, while above 170 target 175 and 180. Below 170 potential for 165, 160. Will be interesting today whether PLTR can hold the bounce. If in the call calendar/diagonal or double diagonal trades provided make sure you manage profits
