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  • Swing Trade Ideas – August 3, 2026

    Aug 03, 2026 Uncategorized Comments Off on Swing Trade Ideas – August 3, 2026

    Date: August 3, 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 – slight positive set-up

    • Commodities:  Gold, Silver, Copper,  Palladium, Oil, natgas, AGGS,  Bitcoin
    • Yields: 30Y Bond +0.8%  Currencies:  USA$-0.18% CAD -0.07% YEN +1.4%  BTC/USD-0.7%  Vix:18.05
    • Events USA: ISM MFG 10ET  Japan: MOF and USA appear to still be intervening to lift Yen
    • Stock News MUFG+.45% CNH+5%    MAR-3.7% TSN-3% TGTX-3.9%       Earnings
      Comments S&P500 gap up Sunday night as Trump didn’t attack and typically stated negotiations ongoing which Iran denies. Oil lower since no attack but no major move in yields so bond market and oil market are disagreeing. US$ lower and Yen higher as the central banks attempt to pump up the Yen. Higher Yen has traditionally not been positive for the QQQ which is lagging premarket.  Korea market lower,  with Hynix and Samsung lower and leading to weakness in MU, SNDK and DRAM and general semis. Dispersion trade still on going with premarket software higher and semis lower with QQQ net flat.  MAGS are outperforming QQQ with MSFT AMZN GOOGL META all well bid and approaching the upper daily expected move.  BMY, AZN potential merger with BMY higher and AZN lower. BABA trading higher with the release of QWEN 3.8 Max AI model. PLTR is reporting earnings after the close and premarket trading higher in anticipation. SPX is well supported with 0DTE with 7540 a pivot level with 7550 7570 resistance and 7500 key support.


    Stock AMZN MSFT META BABA PLTR   NVDA MU AMD    Speculative  ITGR  BE NBIS
    Indices  IGV GDX MAGS XLV XLC XLF XLY  USO /CL DRAM SMH ETHE XLE IBIT ARKK XLK

    S&P500 BMY PLTR ORCL MSFT GOOGL AMZN   MU SNDK INTC AMD
    Other BABA ITGR  GME UMC CRCL BE NBIS IREN

    PLTR

    PLTR reports earnings after the close. Expected move +/-14

    Traders are positioned bullish with calls  IV is percentile 76% is conducive for diagonals for directional trade. PLTR has moved2-3x the expected move in the past but has stayed inside the expected move the last 4 earnings reports.

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