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  • Swing Trade Ideas – September 24, 2026

    Sep 24, 2026 Uncategorized Comments Off on Swing Trade Ideas – September 24, 2026

    Date: Sept 24, 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 – negative set-up

    • Commodities:  Gold, Silver, Copper,  Palladium, Oil, natgas, Gasoline  AGGS,  Bitcoin
    • Yields: 30Y Bond -0.38%  Currencies:  USA$+0.13% CAD -0.14% YEN -0.35%  BTC/USD-1.25%  Vix:17.85
    • Events USA: Trump-XI meeting  Canada: Retail sales
    • Stock News BB 0%  DRI-4.5%  Earnings
      Comments USA indices weaker led by QQQ as the AI/Semi trade which has levitated the USA equity market pulls back a little. MAGS are led by AAPL which is flat and META the laggard pulling back after the record move. Software was strong Tues and is leading semi premarket by moving lower less. Big driver remains yields and US$ which continue to rise and pressuring precious metals, small caps. Yen continues to retrace and either Bessent of MOF will likely intervene again soon, which may lead to a respite in yields for a NY minute. Option positioning is still leaning into calls and options are relatively inexpensive. IMO market is expecting Xi to throw Trump a lifeline  SPY is at the bottom of the daily expected move and QQQ below. QQQ is below the put wall and IWM at the put wall.  The only economic data today is Canadian retail sales so market moving events will be tweet/rumors from the Xi meeting. Given the bond market and equity market are on edge it would not be a surprise if Trump/Bessent will be working overtime to use twitter or Axios to bring down oil and yields. Maybe SoH can reopen for the 100th time. China is happy for Trump to flounder but does not want Trump to drive the world economy off the cliff. COSTCO the big name reporting after the close and will shed some light on the consumer

      Stock TDY MNST CI XLE MGM  INTC AMD META   Speculative FRVO EQNR ARM
      Indices USO XLE UUP   DRAM SMH SLV IBIT ETHE GDX AIPO QQQ ARKF

    S&P500 TDY MNST CI XLE  MGM MRVL INTC BE SNDK AMD SMCI MRNA GLW DELL HOOD PLTR COIN ORCL AVGO  
    Other FRVO EQNR   VKTX AXTI ARM IONQ NOK FSLY CRDO PURR IREN RGTI AAOI STM MSTR NVTS INFQ




    COST

    COST reports after the close. Expected move +/- 32. IV percentile 52% and traders are leaning into calls. COST is not a fundamentally cheap stock as its a premier retailer with membership fees buttressing it. Elevated IV can be used for calendars to take advantage of the crush this week or butterflies. COST is an expensive stock so bid ask spreads are wider. WMT may be a proxy for a sympathy trade.

     

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