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  • 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 

     

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