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Swing Trade Ideas – August 4, 2026

Date: August 4, 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 -0.26%  Currencies:  USA$+0.12% CAD +0.04% YEN -0.78%  BTC/USD-0.66%  Vix:17.8
• Events USA: ISM MFG 10ET  Japan: MOF and USA appear to still be intervening to lift Yen
• Stock News PLTR+16% ON+7% AEIS+10.7% GRAB+4% ZBRA+7.8% INSP+9% CAT+10% MCD+1.5%    SPOT-6.6%      Earnings  AAOI COHR LITE GLW  higher as USA govt drafting ban on Chinese AI optical devices
  Comments USA indices higher following Monday short squeeze with SPX and several MAGS at the top of the weekly expected move. Todays rotation is back into semis and AI with a vengeance with MRVL AMD INTC MU NVDA large moves higher and MSFT AMZN GOOGL META lower. PLTR CAT moved above the expected move with potential to run higher. Optical names higher as USA potentially banning Chinese products.  Oil lower as WH doubles down as SoH close to being open while Iran continues to attack ships guided by the USA and denies any direct discussion with the USA.  Bond market doesn’t buy the jawboning as 10Y yield 4.7% but equity market buying the rhetoric. US$ sharp drop vs Yen has provided a catalyst for the equity squeeze and has potentially stalled, remains to be seen if Bessent continues but precious metals and foreign equities have benefited by the treasury actions. SPX 0DTE has large positions at 7650 and 7600 which set potential targets. Positioning is very supportive but indices and some MAGS are short term extended technically.  USA factory orders and JOLTS are the USA data today  but will likely be dwarfed by the SoH soap opera

Stock PLTR CAT MRVL AMD   AMZN META GOOGL ORCL    Speculative  AAOI   AXTI
Indices  DRAM SMH SLV XLK AIPO QTUM GDX ARKK UFO  UNG USO MAGS KWEB XLC XLY XLF

S&P500 COHR PLTR GLW MRVL INTC SNDK AMD MU SMCI   NKE AMZN MSFT NOW GOOGL ORCL
Other AAOI ASTS IONQ RKLB CRWV  CIFR AXTI

PLTR

AMD reports after the close  AMD expected move +/-.41. AMD has moved outside the expected move 50% of the time with the last 2 earnings moves 2x expected. Option positioning is skewed to calls. Technically AMD has been weak as semis have pulled back and below 50sma. IV is high which is conducive for butterfly or diagonal trades.