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Swing Trade Ideas – October 2, 2026

Date: Oct 2, 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 –positive  set-up

• Commodities:  Gold, Silver, Copper,  Palladium, Oil, natgas, Gasoline  AGGS,  Bitcoin
• Yields: 30Y Bond +0.12%  Currencies:  USA$+0.34% CAD -0.09% YEN +0.23%  BTC/USD+2.2%  Vix:17.8
• Events USA: Nonfarm payrolls 830ET
• Stock News ACN+18%  MU-1%  Earnings  CTVA  -81%
  Comments USA indices higher ahead of NFP jobs data led by the usual suspects of semis/AI.  Oil is lower on speculation that Europe may release some reserves but otherwise only middle east news points to further military action. MAGS are led by NVDA but all names are higher. NKE post-earnings drop on earnings with weak 2027 forecast. STX and WDC large drop on plans by Toshiba to increase HDD production which is a longer term event so one can look for bounce or continuation lower. Bitcoin higher with a short squeeze and rates slightly lower. NFP will be market moving with market likely to move with yields and will reward inline/lower numbers. SPX7700 is the bull/bear level. IV is slightly elevated and a contraction of IV will lead to mechanical bounce in the event of a pullback with 7675 potential support and 7750 resistance on a bounce. Semi/AI and MAGS are leading premarket and watch whether it continues in RTH or whether there is another rotation or small caps can be short squeezed
  
  Stock ON COIN NVDA HOOD  STX NKE     Speculative ASST MSTR   
  Indices BTC SMH QTUM XLK XBI IWM ARKK AIPO   USO KWEB XLE UNG

S&P500 ON MRVL COIN INTC AMD NVDA HOOD CCL ORCL STX NKE WDC   
Other ASST BMNR MSTR PURR MARA BTDR CRCL ARM RIOT CLSK IREN   BABA PDD

NVDA

NVDA is the leading MAGS with some positive catalysts. Potential long idea above 235 or on pullback to VWAP. Will depend on how market trades post NFP at 830ET