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Swing Trade Ideas – September 4, 2026

Date: Sept 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 –neutral set-up

• Commodities:  Gold, Silver, Copper,  Palladium, Oil, natgas, AGGS,  Bitcoin
• Yields: 30Y Bond +0.09%  Currencies:  USA$+0.19% CAD -0.12% YEN -0.57%  BTC/USD-1.16%  Vix:15.95
• Events USA: NFP 830ET
  Stock News IOT+13.5% PL+12.3% DOCU+1.7%    GWRE-14.5% LULU-20% PATH-6.9% ZS-2.5%     EPS
  
  Comments USA indices are flattish premarket with QQQ higher ahead of non-Farm payrolls. Thurs the indices squeezed higher as US$ made a 2.3 standard deviation move with a combination of Yen intervention and Waller dovish comments which lifted metals, bitcoin and equity in general.. Today’s NFP can affect the US$ with stronger jobs positive for US$ which can reverse some of Thurs move or weak adding to the move. Labour day weekend is usually bullish soif market dips on NFP, could see buying into the close. Next week CPI is the next macro event and will be important since market is concerned about yields and of course the SoH is still an uncertainty.  QQQ is leading with semis and AI leading and MAGS led by NVDA which continues to be a fave of the call buyers. NVDA 230 is a big option level and while above can continue but if it falls below, can see weakness into EOD.  TSLA was Thurs idea of the day for a run into Cybercab event which didn’t wow and TSLA is leading MAGS to the downside. The large call buying Thurs can lead to weakness today if TSLA cant reverse quickly at the open.  ZS lower post earnings with growth cut and 3% staff cut. LULU destroyed post earnings with major miss. PL higher post earnings and lifting the space bucket (UFO). IOT is higher with a strong earnings report and worth watching.  SPX 7750 is a line in the sand with targets 7800 and 7700 depending on how the market reacts to NFP.
  
  Stock NVDA TSM MRVL   TSLA ZS LULU  Speculative IOT PL AXTI USAR   ASAN
  Indices DRAM SMH KWEB AIPO XLK UFO QQQ  USO IBIT XLE XLF XLY XLV  ARKK IGV

S&P500 SNDK MRNA ORCL INTC TTD MRVL MU AMD   LULU TSLA HOOD COIN PLTR
Other IOT PL AXTI USAR AEHR AAOI MP ASTS BE  ASAN PATH SGML BILI ZS NVO CRCL MSTR CRCL PUK ASST

TSLA

TSLA is lower premarket as reaction to Cybercab not positive. Traders were loaded up with calls which will be OTM and could lead to continuation lower. Consider fade < 365. Alternate thesis is potential long > 370