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Swing Trade Ideas – August 6, 2026

Date: August 6, 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 -0.06%  Currencies:  USA$+0.11% CAD +0.01% YEN -0.16%  BTC/USD-0.33%  Vix:17.6
• Events USA:Jobless claims 830ET  EUR: Retail sales –
• Stock News HWM+2.2% CEG+4.5% KDP+1% INSM+24% U+12%    APP-19% DDOG-21% HONA-15% FISC-12% SNDK-9.5% HUBS-23% TDUP-27% CELH-16% FIG -13.8%     EPS  CLS-13.7% $3B share offering
  Comments USA indices mixed with S&P500 positive but QQQ pulling back. SNDK lower post earnings despite massive earnings but priced for perfection and forecast not high enough. . Impact: memory names lower along with most AI related semis with NVDA the outlier trading higher. Korea is down today with Hynix Samsung lower post SNDK. MAGS: GOOGL continuing lower after falling Wed with departure of key engineer; MSFT lower as are the bulk of the large software names like ORCL PLTR CRM which have been squeezed higher in the last 3 days.  The smaller software names are divided premarket with U higher and DDOG APP HUBS getting killed. DDOG lower despite good earnings and a priced for perfection issue.  SPY rocketed higher with record call buying and  with call skew at record high (Calls prices equal or higher than puts). This is highly unusual for an index and more typical for meme stocks or commodities. Can lead to huge moves if call buying continues but can also lead to sharp drops if skew reverses. QQQ moved 2x the weekly expected move by Tues so statistically very extended.  Note that the popularity of leveraged single stock ETFS leads to large moves, especially at end of day.
• SPX 0DTE remains in BTD mode > 7680 with some resistance at 7770. NFP Fri will likely keep IV bid.

Stock AAPL NVDA LLY NVO   GOOGL MSFT SNDK CLS   Speculative  U HUBS
Indices  USO XLE XLU XLV XLF GLD KRE  DRAM IGV UNG XLK ETHE KWEB IBIT QQQ

S&P500 MRNA   APP DDOG WDC FISV SNDK MU CRM NOW ORCL NOW GLW PLTR INTC HPE AMD TTD
Other AEVA U RDW MGNI DEO IONQ HIMX OSCR AXTI NVO   HUBS CELH FIG CLS RUN FLNC KVYO QBTS VISN WRBY

AAPL

AAPL is potentially bouncing post the earnings drop. AAPL is a safety trade where monkeys can run to IF the QQQ hold up and they sell momentum/growth.  AAPL is testing the 50sma which can act as resistance or a launch level. Option positioning indicates potential acceleration above 315 to 320. AAPL has large call skew so one could consider call verticals or potentially calendars to trade upside with 310 the line in the sand.