Pre-Market Scan · 2026-09-29

Take

SPY -0.74% and QQQ -1.07% today but both still 6-11% above their 200dma, regime gate stays open; VIX actually fell to 15.9 on the selloff while Fear & Greed sits at 33 (fear) and its price-strength/breadth components read zero, extreme fear, so breadth is worse than the index tape suggests.
PCE (whole-book, first inflation read since the 9/16 hike) and Micron earnings both land Wednesday; no open option contracts right now so no time-stop pressure, but META (-4.79%, second red day after its +30% September run) and IREN (-5.45%) are the two positions carrying the most risk into that print.
IREN is the one to act on: down 5.45% today, now through its 61.8% fib (44.89) and sitting just 1.8% above a fresh 10-day low (40.97), while the broader chips/power complex sold off together (ARM -8.7%, CRDO -8.7%, INTC -5.7%), confirming the 9/08 thesis note that chips and power turned over from their June highs.
VIX dropping on a day QQQ fell over 1% is a real divergence, no fear bid despite the tech-led drop, which lines up with the thesis's 'no panic in US vol' read but leaves no elevated premium to lean on going into tomorrow's PCE/Micron combo.

S&P 5007,684-0.77%

NASDAQ26,820-0.92%

Dow Jones51,482-0.67%

Bitcoin84,337+1.00%

Ethereum2,730+1.56%

Fear & Greed

33.8

fear

0.0 vs prior close

Price strength0
Breadth0
Put / call40
VIX50

Earningsheld first, then watched, then size

Nobody in your universe or the bellwether list reports today.

Your bookpositions, basis and the tape

SPY

765.61

+6.5% vs 200 DMA 718.86

QQQ

736.53

+10.6% vs 200 DMA 666.14

VIX

15.90

calm under 20

Gate

OPEN

both above the 200, VIX under 20

Ticker	Sh	Price	Day	Basis	P&L
ACHR	1	5.20	-7.31%	5.57	-0 -6.6%
AMZN	2	246.15	-1.41%	8.96 *	474 +20.1%
CCJ	5	87.04	-1.17%	97.51	-52 -10.7%
IREN	10	41.72	-5.45%	51.86	-101 -19.6%
META	3.00	715.62	-4.79%	637.60	234 +12.1%
NFLX	6	69.23	-2.70%	63.44	35 -2.4%
SOFI	1	15.93	-3.92%	16.27	-0 -2.1%
SYM	100	42.00	-3.38%	42.64	-64 -10.6%
TTWO	4	202.35	+0.45%	237.37	-140 -14.8%
V	2.99	367.74	+0.10%	344.38	70 +6.5%
VST	10	138.02	-0.32%	153.06	-150 -4.9%

* Option credits exceed half the cost of that position, so true basis is real but its percentage return is not. P&L is every dollar including options and dividends; the small figure under it is the share move against broker basis.

Cash 1,278.75 as recorded. Confirm before sizing.

Your names on the fib band

ACHR$5.20past 61.8
61.8 · $5
50
38.2 · $6
4.4% below the 61.8% fib at $5.44
AMZN$246.1538.2 to 50 zone · 1.5% from $250
61.8 · $233
50
38.2 · $254
1.1% above the 50% fib at $243.59
CCJ$87.04past 61.8
61.8 · $102
50
38.2 · $113
14.2% below the 61.8% fib at $101.51
IREN$41.72past 61.8
61.8 · $45
50
38.2 · $55
7.1% below the 61.8% fib at $44.89
META$715.62above the band
61.8 · $622
50
38.2 · $682
4.9% above the 38.2% fib at $682.28
NFLX$69.23past 61.8 · 1.1% from $70
61.8 · $82
50
38.2 · $92
15.4% below the 61.8% fib at $81.84
SOFI$15.93past 61.8
61.8 · $17
50
38.2 · $18
5.7% below the 61.8% fib at $16.89
SYM$42.00past 61.8
61.8 · $49
50
38.2 · $56
14.1% below the 61.8% fib at $48.91
TTWO$202.35past 61.8 · 1.2% from $200
61.8 · $220
50
38.2 · $237
7.9% below the 61.8% fib at $219.77
V$367.74above the band
61.8 · $329
50
38.2 · $351
4.9% above the 38.2% fib at $350.55
VST$138.02past 61.8
61.8 · $147
50
38.2 · $157
6.4% below the 61.8% fib at $147.44

Armed levelsradar-rules.md

Round number magnets

MSFT$500 magnet$509.22+1.8%
QQQ$750 magnet$736.53-1.8%
PAYX$100 magnet$99.30-0.7%
HUBS$200 magnet$202.84+1.4%
NOK$10 magnet$10.12+1.2%

Dip radar, AI infrastructure

MODDown 11.6% on the day$175.04-11.6%
BEDown 8.9% on the day$262.87-8.9%
ARM3.7% from the 50% fib (294.35); down 8.7% on the day$283.33-8.7%
CRDO2.5% from the 50% fib (197.58); down 8.7% on the day$192.67-8.7%
APLDDown 6.5% on the day$24.53-6.5%
SMRDown 6.1% on the day$7.91-6.1%
INTCDown 5.7% on the day$116.03-5.7%
CIFRDown 5.6% on the day$16.74-5.6%
IRENDown 5.5% on the day$41.72-5.5%
NNEDown 4.9% on the day$16.16-4.9%
CORZDown 4.7% on the day$16.52-4.7%
LEUDown 4.6% on the day$140.37-4.6%

38 names flagged, showing the 12 weakest. The rest are round-number proximity only.

TARGETS on the fib ladder

Left is the deepest discount off the 52-week high. The dot is where the tape sits.

Hidden: BRK.B, GE, MA, MMM are above the band, so not buyable here. TTWO, VST already held, shown on the book rail.

NEENextEra Energy$75.49past 61.8
61.8 · $79
50
38.2 · $87
4.7% below the 61.8% fib at $79.25
COSTCostco$922.92past 61.8
61.8 · $940
50
38.2 · $1,000
1.9% below the 61.8% fib at $940.49
WFCWells Fargo$80.81past 61.8
61.8 · $82
50
38.2 · $88
1.2% below the 61.8% fib at $81.80 · crossed the 61.8% down since the last scan
ULTAUlta Beauty$549.13past 61.8
61.8 · $552
50
38.2 · $615
0.6% below the 61.8% fib at $552.45
LMTLockheed Martin$518.1050 to 61.8 zone
61.8 · $518
50
38.2 · $584
Sitting right on the 61.8% fib at $517.79
CINFCincinnati Financial$161.9238.2 to 50 zone
61.8 · $155
50
38.2 · $162
0.3% below the 38.2% fib at $162.47 · crossed the 38.2% down since the last scan
QCOMQualcomm$187.4850 to 61.8 zone
61.8 · $175
50
38.2 · $207
1.8% below the 50% fib at $190.96 · crossed the 50% down since the last scan
AVGOBroadcom$349.5738.2 to 50 zone
61.8 · $321
50
38.2 · $371
0.9% above the 50% fib at $346.27

Abnormal movers504 names scanned

BABoeingAerospace · 3.3x normal$184.39-6.9%FAA delayed 737 MAX 10 certification over a software issue, shares -6.91%
DASHDoorDashServices · 3.2x normal$178.39-7.7%
CVNACarvanaRetail · 2.7x normal$60.47-7.1%
HIIHuntington Ingalls IndustriesShipping · 2.6x normal$257.05-2.6%Hit a fresh 52-week low, -2.64%; Bernstein maintained Market Perform but cut its target 341 to 327 on 9/23
REGNRegeneron PharmaceuticalsPharma · 2.4x normal$752.25-4.5%
MNSTMonster BeverageBeverages · 2.2x normal$41.86-2.9%
ADTADTServices · 2.1x normal$6.19-3.3%
AIGAmerican International GroupInsurance · 2.1x normal$72.78-1.9%
PGProcter & GambleConsumer · 2.0x normal$149.03+1.9%
PRUPrudential FinancialInsurance · 2.0x normal$116.09-2.8%
QCOMQualcommMedia · 2.0x normal$187.48-7.2%

At / near a 52-week lowwithin 3%

CSRACSRA · 0.0% above the low$24.65-0.8%low $24.65
XYLXylem Inc.Industrials · 0.0% above the low$100.91-1.7%low $100.90
HIIHuntington Ingalls IndustriesShipping · 0.1% above the low$257.05-2.6%low $256.81
NRGNRG EnergyUtilities · 0.1% above the low$97.00-3.4%low $96.86
MCDMcDonald'sRestaurants · 0.2% above the low$233.60-1.2%low $233.23
VICIVici PropertiesREIT · 0.2% above the low$23.19-1.4%low $23.14
FISFIS (company)Services · 0.3% above the low$34.31-3.1%low $34.22
EIXEdison InternationalUtilities · 0.3% above the low$51.47-2.2%low $51.33
HDHome DepotRetail · 0.3% above the low$289.89-1.1%low $289.10
SRESempraEnergy · 0.3% above the low$76.89-1.3%low $76.66
PCGPG&EUtilities · 0.3% above the low$11.95-3.2%low $11.91
CMSCMS EnergyUtilities · 0.3% above the low$62.60-0.6%low $62.38

Market newssince the 06:00 report

Nothing new since the 06:00 report.

Congressequities only, bonds dropped

No committee-correlated equity trade in the window.

What's comingfrom economic-calendar.md

August PCE / Personal Income and Outlays date estimated Whole book, rates. Consensus +0.4% headline / +0.3% core MoM, ~3.8% / ~3.4% YoY vs July 3.7% / 3.3%. First inflation print since the 9/16 hike to 3.75-4.00% (12-0, 16 of 18 see one more in 2026). Feeds the 10/28 hike decision	Wed Sep 30 8:30am ET tomorrow
Micron fiscal Q4 earnings date estimated No position. Semis/AI-capex read-through, stacked on PCE the same day. Moves INTC, the memory complex, and whole-book beta	Wed Sep 30 AMC tomorrow
September jobs report / nonfarm payrolls date estimated Whole book. August printed +162K, unemployment 4.1%	Fri Oct 2 8:30am ET in 3 days
NFLX Q3 earnings Held 6 sh. Wells Fargo Underweight $57 (9/18) and HSBC Hold $76 (9/22) both cite engagement, so engagement is the number	Tue Oct 20 AMC in 21 days
October FOMC decision, no SEP Whole book	Tue Oct 27 to 10-28 (Tue-Wed) 2pm ET in 28 days
US midterm elections Whole book. VIX Nov-18 future already prices this at 20.03 vs 14.89 spot	Tue Nov 3 in 35 days