Swing Trade Ideas – August 17, 2026
Date: August 17, 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 +0.09% Currencies: USA$-0.16% CAD +0.10% YEN +0.08% BTC/USD+1.16% Vix:15.35
- Events USA: NY mfg data 830ET Canada: CPI
- Stock News HTHT+6.3% MNSO-6.7% EPS
Comments Global indices slightly higher with a quiet weekend in the middle east. USA indices are led by Nasi with AI/semi/optical with Korean speculators back in the saddle buying. Semis are led by MU with cousins SNDK and WDC leading S&P500. MAGS are led by AMZN NVDA GOOGL with BRK adding GOOGL in latest 13F. Lagging is MSFT as software is lower and semis are higher with the usual dispersion trade. AI trade is on premarket and optical names COHR AAOI AXTI are higher and neocloud CRWV higher and AIPO which holds power names like BE is higher. US$ is lower which is supporting metals GLD, SLV and GDX. China names higher premarket with BABA higher on news it’s selling it’s video business to focus more on AI. SPX 0DTE support 7775, 7755 and resistance 7805/7810 with an upside target 7850 if monkeys get frisky. Positioning in SPX is call heavy and generally bullish. OCUL is top spec name for a trade with investor day today but extended premarket
Stock BABA AMZN GOOGL SNDK TTD Speculative OCUL AXTI
Indices DRAM GDX SLV ETHE IBIT SMH AIPO XLK GLD QQQ KWEB UNG XLP IGV XLV
S&P500 SNDK WDC MU MRVL COHR UBER GLW AMAT INTC AMZN TTD AMD
Other OCUL BE AXTI ALM NVTS STM CBRS BABA IREN PFF AAOI SOFI CRWV USAR XPENG MNSO UMAC
AMZN
AMZN potential bounce name for a short term trade. Long call positions 265-280 can lead to a squeeze higher. One can consider as a long while 265 holds. ATR 9.7