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Swing Trade Ideas – October 23, 2026

Date: Oct 23, 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 negative  set-up

• Commodities:  Gold, Silver, Copper,  Oil, natgas, Gasoline  AGGS,  Bitcoin
• Yields: 30Y Bond +1.04%  Currencies:  USA$+0.17% CAD -0.08% YEN +0.00%  BTC/USD+0.35%  Vix:18.25
• Events USA: MFG PMI 945ET CDN: Retail sales 830ET
  Stock News RNG+15%    WDC-4% NEM-1% BE-1.4% DECK-7.6% AXP-1.4%   Earnings
• Comments USA equity indices lower premarket with Nasi outperforming as the AI/semi sector bounces.  Energy continues higher which pressures the global economy with the chatter continuing that Israel/USA may re-attack Iran before Tues Israel elections. Other meme is Trump attacking after midterms which collectively is not a backdrop for lower energy/inflation. The mags are led by NVDA which is slightly higher but remainder are lower with META the laggard post earnings.  Earnings names WDC BE NEM AXP are worth watching for continuation of bounces. SPX 7650 potential upside pivot with negative gamma which can lead to quick moves but may not be sustained. 7600 is the put wall which can act as support or breakdown levels

 
Stock  NVDA SPCX MU    BE META MSFT WDC     Speculative   COHR
Indices DRAM EWY USO SMH XLE ETHE IBIT   UNG SLV NUKZ XLC EFA XBI IWM XKE

S&P500 LITE COHR SNDK MU   T BE MRNA NCLH WDC

SPY

SPY is weak premarket with energy higher and concerns that USA/Israel are potentially attacking again. 760 has been a support level and one can look for yet again another bounce. If 760 does hold the next target is 750 which is the put wall.