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Swing Trade Ideas – July 10, 2026

Date: July 10 2026

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 –neutral  set-up

• Commodities:  Gold, Silver, Copper,  Palladium, Oil, natgas, AGGS,  Bitcoin
• Yields: 30Y Bond –0.00%  Currencies:  USA$-0.05% CAD -0.00% YEN +0.34%  BTC/USD+2%  Vix:17.4
• Events CDN: Employment report
  Stock News  DAL-.5% PGR Earnings Hynix
  Equity USA indices are flattish with QQQ slightly lower premarket. MAGS are led by META which had a large move Thurs. META announced a $145B data center expansion which initially caused stock to drop but the release of the paid Muse Spark 1.1 AI agent and development of a proprietary chip for reasoning led to the pop which is continuing premarket.  Hynix ADR SKHY will start trading today and will raise $26B. Hynix is the largest HBM memory supplier based in Korea and larger in DRAM and NAND than MU. DRAM ETF has been a fave for USA traders to access Korean companies. Hynix ADR will allow USA traders to directly access Korea and may see money leave DRAM and MU to be deployed in Hynix. Question is whether the traders jump on Hynix today or view  the ADR as dilution. Bitcoin higher potentially due to a short squeeze and leading to COIN, MARA, RIOT, HOOD higher premarket, watch 65k as the next key level. SPX is still well supported with 0DTE and expect dips to be bought and pops sold. Upside pivot 7540, downside support 7540/20/00. High dispersion means large moves in one sector leads to opposite in others. Premarket setup is for weakness in semis leading to strength in software and weakness in tech leading to strength in financials, which will be reporting next week. Oil is slightly higher as market is ignoring Trump recent rhetoric and latest bombings but given track record of bombing after market closes on Fridays, may see some hedging into EOD.
  
  Stock META COIN HOOD NOW  SNDK MU VZ     Speculative MSTR CRCL  TECK
  Indices ETHE IBIT MSOS IGV XLC ARKK USO XLF KWEB MAGS   DRAM SLV UNG SMH GLD XLK QQQ GDX

S&P500 COIN META HOOD MRNA NOW ORCL  VZ INTC SNDK  T KLAC DAL MRCL LRCX
Other CRCL VOD EQPT FLNC MSTR MT BMNR ASST KC MARA RIOT   ACMR TECK TLK SSL NOK AZN NOK WOLF

META

META has spiked above the 200sma and to the downtrend line from Sept 2025. Large option positions at 700 and prior high 680 are potential upside targets should META continue to run.  IV percentile 100% and skew tilted to calls means that if one is trading continuation, call spreads or call flys are potential strategies.  Caveat is that many holders are underwater and could be sellers as META advances.  200sma can act as resistance so potential to stall but if can remain above, institutions may be attracted to add exposure.