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Swing Trade Ideas – September 8, 2026

Date: Sept 8, 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 –slightly weak set-up

• Commodities:  Gold, Silver, Copper,  Palladium, Oil, natgas, AGGS,  Bitcoin
• Yields: 30Y Bond -0.32%  Currencies:  USA$-0.19% CAD +0.19% YEN +1.3%  BTC/USD-1.66%  Vix:16.45
• Events USA: Light: 3y auction 13ET
  Stock News AMD+1% 10% price increase;  BE+6.3% ILMN+1.3% P+2.5% added to S&P500  ETN upgrade NVS-12% Trial fail   
  Comments Global indices weak premarket as oil and yields are higher as middle east conflict continues. QQQ is leading USA index as monkeys lean into semis and AI. INTC and ASML report progress with latest ASML gear and lifting INTC above the expected move. AMD is higher with a proposed price raise. MU higher as Koreans continue to push up Samsung and Hynix. MAGS led by NVDA but remainder are lower. The long semi short software trade is back at least premarket.  Energy stocks are higher as middle east situation not improving despite USA winning the war and controlling the SoH. Canada USA tariff war ramps up today so watch Canadian importers and exporters. Copper is strong premarket as tariff concerns /AI /inflation continue to drive. Copper is extended but some ideas: TECK FCX HBM CS LUN SCCO FM ERO.  Oil prices is driving the rotation and if oil moves lower, could see the rotation from AI/Semis back into the other sectors so pay attention. SPX 0DTE is well supported above and below price with 7685 the pivot level. Option traders are still leaning into calls and shunning protection. Call spreads are a way to trade with the monkeys who disregard higher yields and think the energy risk can be mitigated through tweets and jawboning. Protection is cheap with vol low if one thinks that this time is not different and Sept can be rocky.
   
  Stock NVDA INTC AMD ASML BE  AMZN MSFT NVS   Speculative ROIV MSTR
  Indices USO DRAM UNG XLE SMH AIPO    IBIT KWEB GLD XLV XLF XBI IGV GDX SLV XLB XLY

S&P500 ORCL INTC VST MU SNDK    NOW BSX COIN AMZN HPE
Other PHVS ROIV BE ZIM RGTI IONQ NOK UMC BEAM INFQ AAOI AEHR BP  DYN NVS IONS SGML BIDU MSTR CRCL

INTC

INTC has been a serial underperformer primarily due to making poor technical decisions which led to lagging behind TSM.  INTC and ASML announced some progress with ASML’s latest tech which is being positively received and may indicate that INTC can ultimately be competitive with high end chip production at some point. INTC 100 is a high call level which can lead to a squeeze or resistance with call buyers targeting 110 above. INTC is at the declining 50sma which can act as resistance with support potentially at 95. Fundamentally expensive and priced for INTC to be dragged out the black hole of underperformance with USA govt committed for INTC to become competitive again