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Swing Trade Ideas – August 5, 2026

Date: August 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 – slight positive set-up

• Commodities:  Gold, Silver, Copper,  Palladium, Oil, natgas, AGGS,  Bitcoin
• Yields: 30Y Bond +0.31%  Currencies:  USA$-0.13% CAD +0.06% YEN +0.07%  BTC/USD-0.33%  Vix:18.05
• Events USA:ADP 830ET QRA 830ET ISM Services 10ET  EUR: Services PMI growth
• Stock News LLY+4.4% DIS+3.5% BKNG+7.9% CVS+3.6% APPS+26% SHOP+28%   AMD-7.8% UBER-2.9% SPCX-11%    EPS
  Comments USA indices slightly higher after a 2 day squeeze on the back of hope that the SoH situation will be resolved and the lower US$. SPY leading QQQ with healthcare higher due to positive EPS reaction to LLY CVS EPS.  Semis lower with AMD falling on guidance and weighing on semis which had a massive squeeze Tues. ANET EPS reaction above the expected move as AI spending to infinity and worth watching. SHOP massive move similar to AMZN above the expected move and the long iron condor will pay. SPCX lower despite revenue beat but capex plans not resonating. Elon provided a boost to NVDA and a lead weight to AMD by stating was planning to focus on NVDA.  Gold and silver are making another attempt to bounce and gold miners are higher premarket. IMO this trade depends on yields and US$ lower and hence a happy conclusion to the SoH and no lasting impact to the energy complex so effectively a bet on Trump’s next move.  ADP date and Treasury QRA premarket with QRA important as Treasury will provide issuance plans which will move the bond market. ISM services 10ET can be market moving assuming that the fundamentals of the economy matter to traders playing triple leveraged MU ETFs:)  SPX 7765 is a 0DTE pivot level with 7800 and 7700 goal posts. Negative gamma now means larger moves in either direction

Stock ANET LLY SHOP KTOS   AMD MU UBER    Speculative  GFI  SEDG
Indices  GDX SLV GLD XME IGV XLV UNG MAGS  DRAM ETHE SMH IBIT

S&P500 ANET LLY DIS CVS NVDA CMG NOW META GOOGL   AMD UBER INTC T SNDK GLW
Other SHOP KTOS DT GFI HL CDE AG RIOT BTDR  SEDG PUK PRCT GFS GLXY FLUT CPNG

GDX

GDX is attempting a breakout above the down sloping 50sma. Countertrend idea but potential upside target of 200sma. Caveat is it depends on yields and US$ lower and of course gold higher.  Premarket the speculative names like HL GFI are strong and will have more momo than larger names like AEM NEM.  Long call spreads or short put spreads are ways to trade a move higher. But caution that GDX has been playing wack a mole:)