2026-08-06 MORNING SCAN

58 alerts across 6 steps.

REGIME FLIP GATE OPEN. SPY above 200 DMA, VIX below 20, QQQ above 200 DMA, all three met.

MARKET SNAPSHOT

SPY 769.79, 9.8% above its 200 DMA (700.86). Premarket pullback off yesterday's intraday all time high of 776.85. VIX 15.95. QQQ 717.30, 11.1% above its 200 DMA (645.55). Down 0.9% from yesterday's close, underperforming SPY, with premarket indications pointing to further downside. Tech is lagging broad market premarket. Not at the -1.5% breadth read threshold, so the Red Tape Breadth Read did not run. Chip and storage names reporting hard premarket drops (SNDK, WDC, ALAB, CRDO, AMD) look like the driver, not a broad risk off tape. Market journal row written for 2026-08-06.

ECONOMIC CALENDAR

Finviz calendar fetch returned no event data both times it was tried (page loaded nav and footer only, no calendar table content). Could not pull this step. Check the calendar manually if the FOMC or a CPI print falls in the next week.

CONGRESSIONAL AND EXECUTIVE FILTER

Senate EFD live pull failed with a 403 today. Fell back to the cached feed from 2026-08-05 (4 filings, 32 transactions). None of the four filers (Capito, Rick Scott, Whitehouse, McCormick) traded a ticker that falls inside their own committee's mapped sector per the roster. Capito's spouse sold MSFT, AAPL, INTC, KO and CSCO, but Capito sits on Environment and Public Works, not a tech committee, so no correlation. Scott, Whitehouse and McCormick's disclosed trades were municipal bonds or a structured note, no equity tickers to check. House index shows 2 new PTR filings since 7/30, Cleo Fields (LA06) and Kelly Morrison (MN03). Neither name is on the roster, and the local House index file only carries filer name and DocID, not the underlying tickers, so no ticker level check was possible for either.

TARGETS

COST 941.99, 0.2% from the 61.8% fib (940.49), holding right at support. AXP 348.99, crossed above the 38.2% fib (348.78) since last review, now 0.1% clear of it. MSFT 487.46, crossed above the 38.2% fib (479.37), now 1.7% clear. HD 353.14, crossed up through the 61.8% and 50% fibs since last review, now 1.3% below the 50% fib (357.93). LMT 577.60, crossed above the 38.2% fib (584.32) is not yet true, still 1.2% below it. PEP 138.78, 3.9% below the 61.8% fib (144.36), no new cross, already below at last review. CRWD 209.86. Fib levels on file (593.70 / 545.78 / 497.86) do not match yfinance's current 52 week range (85.68 to 219.35). This looks like an unlogged stock split. TARGETS.md needs a manual refresh on CRWD before trusting any fib read on this name. MA 570.48, crossed above both the 50% (541.14) and 38.2% (555.45) fibs, now 2.7% clear of the 38.2%. ULTA 539.47, 2.4% below the 61.8% fib (552.45), no new cross. RH 195.30, crossed up through all three fibs since last review, now 2.1% below the 38.2% fib (199.43). QCOM 157.53, crossed down through all three fibs, now 9.8% below the 61.8% fib (174.68). IBM 235.92, crossed down through all three fibs, now 7.6% below the 61.8% fib (255.33). MMM 182.08, crossed above the 38.2% fib (162.87), now 11.8% clear. XOM 151.63, crossed above the 38.2% fib (147.88), now 2.5% clear. WFC 89.17, crossed up through all three fibs, now 1.5% above the 38.2% fib (87.89). WYNN 101.15, crossed down through the 61.8% fib (102.53), now 1.3% below it. NEE 85.91, 0.9% below the 38.2% fib (86.70), no new cross. BA 240.19, crossed above the 38.2% fib (224.72), now 6.9% clear. BRK-B 518.85, crossed up through all three fibs, now 5.2% above the 38.2% fib (493.30), just outside the 5% band but freshly crossed so included. TTWO 234.91, 0.2% below the 38.2% fib (235.31), no new cross. Held position, earnings 8/7. MP 47.91, crossed down through all three fibs, now 5.5% below the 61.8% fib (50.71), just outside the 5% band but freshly crossed so included. No pull failures. 23 other TARGETS names checked and did not qualify (GOOG, NVDA, AVGO, ASML, CAT, GS, GE, UNH, TGT, PANW, SNOW, JNJ, SPG, LVS, MGM, CINF, DELL, TTD, OKTA, GM, FCX, INTC, VST).

WATCHLIST ACTIVE SWING

PFE 25.81, price now above EMA10, EMA20 and EMA50. Upgraded from FORMING to CONFIRMED, cleared the EMA50 overhead that was sitting at 25.10. BEAM 27.07, bounced off the 22.55 low and closed back above EMA10, EMA20 and EMA50 after being flagged bearish and broken. Early reversal attempt, not yet a clean widely spaced bullish stack. WMT, HUBS, DG, VZ, KMI, BMY, OXY, T, NOK and P were checked and none changed status materially from the last known read.

ROUND NUMBER RADAR

META 588.77 premarket, 1.8% below the 600 magnet. HUBS 250.21, sitting right on the 250 magnet, 0.1% above it. WMT 112.34 is 2.1% above the 110 magnet, just outside the 2% trigger band, worth a passive watch.

DIP RADAR, AI INFRASTRUCTURE WATCH

CARR 65.43, 3.0% from its 50% fib (63.50). Move tracks roughly with the tape, not idiosyncratic. ARM 274.58, sitting right on its 50% fib (276.36), 0.6% away. Down hard against a green tape over the past week, idiosyncratic. AAOI 128.56, 2.0% from its 50% fib (126.09). Idiosyncratic given this name's history of outsized single stock swings. INTC 101.06, 1.1% from the 100 round number. MU 893.19, 0.8% from the 900 round number. SNDK 1350.50, down 5.4% on the day and sitting on the 1350 round number. Post earnings crash, sharply idiosyncratic. STX 837.66, 1.5% from the 850 round number. ANET 197.31, 1.4% from the 200 round number, up 3.6% on the day. CSCO 121.50, 1.3% from the 120 round number. WDC 519.17, down 5.4% on the day, post earnings, idiosyncratic. CRDO 224.63, down 5.6% on the day, idiosyncratic. ALAB 318.43, down 12.0% on the day, the largest single mover across the whole dip radar sweep, idiosyncratic. AMD 482.05, down 7.0% on the day, idiosyncratic. SMCI 30.32, down 4.3% on the day, idiosyncratic and high beta. ETN 447.28, 0.6% from the 450 round number, up 15.6% over 5 days, idiosyncratic earnings pop. CMI 650.25, sitting right on the 650 round number, move tracks the tape. ENS 189.87, 0.1% from the 190 round number, roughly tracks the tape. GEV 1017.96, 1.8% from the 1000 round number, mild underperformance versus the tape. ASML 1678.22, 2.6% below its 50% fib (1723.86) and 1.3% below the 1700 round number, move tracks the tape. LRCX 307.42, 1.0% above its 50% fib (304.35), up 6.9% over 5 days versus SPY's 3.8%, leaning idiosyncratic on semicap strength. FCX 69.39, 0.9% below the 70 round number, up 9.4% over 5 days, idiosyncratic on its own copper catalyst. EQIX 1056.20, 2.5% below its 50% fib (1082.72) and 0.6% from the 1050 round number, muted move, tracks the tape. CIFR 18.71, down 8.2% on the day, the sharpest mover in this batch, idiosyncratic crypto miner group weakness. CORZ 21.77, down 4.6% on the day. APLD 29.87, down 4.5% on the day and 0.4% from the 30 round number. WULF 18.07, down 4.3% on the day.

Data note on the dip radar sweep. It ran across 66 names split into three batches. The third batch (NNE, ASML, AMAT, LRCX, KLAC, ENTG, EQIX, DLR, IRM, CRWV, NBIS, APLD, WULF, CORZ, CIFR, PWR, FIX, EME, MTZ, STRL, DY, FCX) had some cross ticker data mixups mid run that were caught and corrected, but the scanner flagged its own confidence as lower than usual on that batch. The names listed above from that batch were cross checked and are trustworthy. If a trade decision hinges on a name from that list, pull it individually before acting. No pull failures in any batch. MOD, JCI, TT, TSM, CIEN, FN, DELL, HPE, VRT, NVT, SPXC, HUBB, POWL, GNRC, BE, CEG, TLN, NRG, LEU, OKLO, SMR, NNE, AMAT, KLAC, ENTG, DLR, IRM, CRWV, NBIS, PWR, FIX, EME, MTZ, STRL and DY were checked and did not qualify.

PORTFOLIO REVIEW

AMZN 272.65, up 15.8% from the 235.50 reference on 7/30, continuing the post earnings gap. CCJ 94.27, sitting 1.4% from true cost basis (92.93). IREN 38.89, up 8.0% from the 36.01 reference on 7/30. META 588.77, up 9.2% from the 539.03 post earnings low reference. SYM 46.52. Short 45C expires tomorrow, 2026-08-07, one trading day out. Price is 3.4% through the strike. TTWO 234.91, 1.0% below true cost basis (237.37). Earnings confirmed tomorrow, 2026-08-07. VST 140.58. Earnings confirmed tomorrow, 2026-08-07 premarket. Down 3.3% from the 145.44 reference on 8/4, and 5.2% below true cost basis (148.336), both just under their formal flag thresholds, flagged here on the earnings date alone. NFLX and V checked, no flags.

FIB RADAR, PORTFOLIO

AMZN 50% fib 255.34, price 272.65, 6.8% above, broke up through and is extending, no support test in progress. CCJ 50% fib 88.90, price 94.27, 6.0% above, extending on new highs, no support test. IREN 50% fib 33.91, price 38.89, 14.7% above, extended well clear of the level. META 50% fib 561.01, price 588.77, 5.0% above, reclaimed the level and pressing back toward the pre drop high. NFLX 50% fib 70.19, price 74.20, 5.7% above, bounced off the recent low and is trading above the midpoint. SYM 50% fib 40.39, price 46.52, 15.2% above, well clear of the level on the post earnings pop. TTWO 50% fib 206.08, price 234.91, 14.0% above, recovered well past the midpoint, earnings tomorrow adds event risk on top of the move. V 50% fib 352.09, price 368.54, 4.7% above, closest of the nine to its level, near the 6 month high with no pullback test in progress. VST 50% fib 155.34, price 140.58, 9.5% below, broke down through the level and is trading near the swing low, momentum warning, with earnings tomorrow premarket adding binary risk.