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Swing Trade Ideas – October 5, 2026

Date: Oct 5, 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 -0.03%  Currencies:  USA$+0.28% CAD -0.00% YEN -0.29%  BTC/USD+2.1%  Vix:17.5
• Events USA: ISM Services PMI  830ET  Brazil: Market surging as Bolsonaro (Trump fave) outperformed expectations and will face Lula at end of month. Brazilian companies MELI PBR higher with the market
• Stock News PTC+36%  Schneider Electric Buying ADSK+3.8% sympathy trade; RXO being acquired by CHR
  Comments USA indices flattish premarket with overnight dip erased in NY premarket ahead of ISM services PMI. Logical reaction is a strong PMI may be positive for yields. Premarket IWM is leading and software outperforming semis and bitcoin is well bid which suggests risk-off or short covering. MAGS are led by MSFT and NVDA with remainder lagging. US$ is higher  but metals and commodities are higher which is unusual and should watch once the market opens. Globally,  Euro is weak with French yields rising and Brazil very strong with Bolsonaro stronger than expected which is lifting Brazilian stocks.   SPX is well supported with 7700 bull/bear level and resistance 7725-7750
  
  Stock IBIT MSTR NVDA EWZ   INTC MU     Speculative NU DKNG HL   
  Indices IBIT SLV ETHE KWEB XBI GLD UUP GDX   USO /CL UNG QQQ SMH FEZ DRAM

S&P500 PTC VST COIN STX WDC HOOD  INTC   
Other PCVX MELI RXO XP NU DKNG MSTR ASST CBRS BMNR BABA HL MARA RDW GME AG   CVE QURE GFS

EWZ

EWZ popped with Bolsonaro, leading Lula on the initial vote which was unexpected. Bolsonaro is the right wing candidate supported by the USA. There is a second round of voting at the end of the month. EWZ option positioning indicates potential squeeze/resistance at 43 to potentially 47-50  Vol is very elevated so long trades best implemented with call verticals or butterflies which can benefit from an IV drop. EWZ is very extended and risk of pullback with 41/40 key decision level. Brazilian names like Meli, PBR, NU, VALE, ITUB are all significantly higher and would take care chasing. This is the first round of voting and shenanigans would not be unexpected before the next round.