.

Swing Trade Ideas – September 23, 2026

Date: Sept 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 –slightly negative set-up

• Commodities:  Gold, Silver, Copper,  Palladium, Oil, natgas, Gasoline  AGGS,  Bitcoin
• Yields: 30Y Bond -0.06%  Currencies:  USA$+0.27% CAD -0.15% YEN -0.28%  BTC/USD-0.75%  Vix:17.45
• Events USA: S&P PMI 945ET
• Stock News CTAS +1% GIS +0.1% CBRL+7.5%  PAYX-0.4% KBH-2.6%  Earnings
  Comments Global indices are weaker premarket as the 3d China-USA discussions start.  10Y yield and US$ higher coupled with diesel prices ex-USA spiking are a negative macro backdrop.  MAGS are led by MSFT as semis take a breather so monkeys move to software and NVDA is leading to the downside but just a small scratch. USA S&P PMI 945ET is the only major economic data point today which can move markets. Gold and silver pullback is hitting the miners as is the higher yields and US$.  SPY is the leading USA index and benefiting from less tech exposure and energy exposure with nat gas and gasoline trading higher. Quantum names are higher with IONQ releasing the first real time quantum error decoder and lifting usual cohort RGTI QBTS. Quantum names can motor if the monkeys jump in. Financials (JPM), travel (EXPE) got hit Tues with latest AI concern that Muse can enable consumers to shop for best deals and can be watched for bounces or continuation lower. Muse is clearly the shiny object and monkeys may use any dip to add to META which is extended. SHOP has had a big move but is linked to Muse so watch for continuation/retracement. SPX 0DTE is well supported between 7800-7700 so expecting mean reversion trading with potential spikes due to noise from the China-USA talks or regarding the middle east. Over the next 3d we’ll discover whether talks end with a bang or a whimper. Indices are priced for a bang, the greatest deal in the history of deals.
  
  
  Stock MSFT UNG XLE  NVDA BABA  Speculative IONQ CBRL GDX
  Indices UNG USO XLE UUP MAGS  SLV GDX KWEB DRAM GLD SMH ETHE

S&P500  APP COIN FCX KLAC AMAT HOOD STX ON SNDK AVGO  
Other IONQ CBRL INFQ RGTI QBTS CART AMSC BP VG   SBSW AU HMY GFI AG BABA IMVT TECK CDE SVM HL

MSTR

MSTR has had a major gap up with bitcoin. Volatility is now at the lower 14% of the range and skew is tilted strongly to calls. Large put trade Oct2 162.5/150 was traded which is a move to the 200sma and aligns with the expected move for Oct 2. This is a counter trade with a 2:1 reward/risk ratio. MSTR is above the weekly expected move so statistically extended but of course momentum can carry it upwards. Monkeys are all excited about bitcoin so if one has a bullish thesis, can use call verticals, which take advantage of the skew.