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Swing Trade Ideas – September 16, 2026

Date: Sept 16, 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 –slightly positive set-up

• Commodities:  Gold, Silver, Copper,  Palladium, Oil, natgas, AGGS,  Bitcoin
• Yields: 30Y Bond +0.15%  Currencies:  USA$+0.07% CAD -0.1% YEN -0.05%  BTC/USD-0.32%  Vix:18.4
• Events USA: Retail sales 830ET; FOMC 14ET
  Stock News TCOM Earnings INTC discussing manufacturing memory with Hynix
  Comments Global indices slightly higher ahead of US retail sales and FOMC meeting with oil slightly lower. USA indices led by semi/AI bros. INTC popped on a story on discussions with Hynix to mfg memory, IMO unlikely and time to revenue would be years but algos dont care. MAGS led by NVDA with all of the usual suspects bouncing including the semi equipment companies like ASML LRCX as INTC would need to spend $B to mfg memory.  Bitcoin lower after Clarity act failed to pass in Senate. Bitcoin related names CRCL COIN were lower but COIN bouncing premarket so worth watching today for a reversal. TLT GLD SLV and metals are higher premarket and will be moving with FOMC meeting. FOMC is highly expected to raise rates but key is whether the guidance/words are less hawkish than the bond market has priced in.  SPY implied vol is elevated and option skew is shifted towards puts. IMO a hawkish FED can lead SPY to 750 where a strong bounce can result and a neutral/dovish FED can lead SPY to 763+. When IV is elevated, the reduction of IV can lead to a bounce due to puts. Caveat is that the SPY put wall has shifted lower to 750 and if it breaks, it can lead to a much larger downside.  Software, which has moving inverse to semis is lagging and security names are weak premarket and need to watch. Retail sales premarket may impact names like COST and WMT and yields/US$ but FOMC more critical.
  
  Stock NVDA INTC MRVL COIN GDX  XLE IBIT  Speculative BE TCOM VG
  Indices DRAM GDX SLV SMH AIPO MSOS XLK QTUM   /CL XLE IBIT

S&P500 INTC DELL MRVL AMD SMCI SNDK  
Other UMC TCOM BE STM TRMD AAOI AEHR ASML HMY HYMC GFI CRWV   SBLK BILI VG SM PURR

INTC

INTC is higher on story that they are discussing memory mfg with Hynix. Algos are buying it and can use 100 as a line in the sand. INTC premarket high 103 is a target above and above 103 can squeeze due to calls to potentially 110. IMO this is overblown since it will take 2 years for INTC to enter memory and as a commodity it would be entering into a slowdown but for now algos are buying and equipment companies like LRCX, ASML are higher. These names have been bearish as of late so take care chasing.