2026-08-05 MORNING SCAN

75 alerts across 6 steps.

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

MARKET SNAPSHOT

SPY 771.33, up 1.80 percent on the regular-session quote, previous close 757.67. Premarket printing higher still at 775.02. That is 10.05 percent above the 200 DMA of 700.86.

QQQ 723.85, up 3.40 percent on the regular-session quote, previous close 700.07. That is 12.13 percent above the 200 DMA of 645.55.

VIX 16.85, up 2.12 percent on the day, still well under 20.

Gate detail. SPY above 200 DMA, met. VIX below 20, met. QQQ above 200 DMA, met.

Note on the quotes above, markets are pre-market as of this scan and some feeds are showing outsized regularMarketChangePercent figures that may reflect thin pre-market pricing rather than a settled session move. Treat today's percentages as indicative, not final, until the open.

ECONOMIC CALENDAR

Nonfarm payrolls, the Employment Situation report for July, releases 2026-08-07. Includes the jobs number, unemployment rate, and wage growth, one of the most market-moving monthly releases.

CPI for July releases 2026-08-12. Key input for Fed rate expectations.

No FOMC meeting, FOMC minutes, PCE, GDP release, or tariff deadline falls inside the 2026-08-05 to 2026-08-13 window.

CONGRESSIONAL AND EXECUTIVE TRADE FILTER

Senate, last 7 days. Shelley Moore Capito, spouse, sold MSFT, AAPL, INTC, KO, CSCO on 07/21, all partial sales same date across a diversified list, filed 08/04. Rick Scott filed 12 municipal bond transactions, filed 08/03, no equity tickers. Sheldon Whitehouse sold LOW, partial, filed 08/03. David McCormick filed structured notes and municipal bonds, no equity tickers, filed 07/29. None of these members sit on a committee mapped to the sector of the tickers traded per the roster, so nothing escalates.

House, last 7 days. Two periodic transaction report filings, Cleo Fields and Kelly Louise Morrison, both filed 07/30. The local House disclosure file, intel/2026FD.xml, is a filing index only, member name, filing type, and date, with no ticker or asset detail, so these two filings cannot be cross-checked against the committee roster from this data source. Flagging as a data gap rather than a miss.

TARGETS FIB CHECK

17 names are within 5 percent of a Fibonacci level or have crossed one since the last review.

COST 955.10, near the 61.8 percent level of 940.49, 1.6 percent away. AXP 347.17, at the 38.2 percent level of 348.78, 0.5 percent away. MSFT 497.30, near the 38.2 percent level of 479.37, 3.7 percent away. HD 348.50, near the 50 percent level of 357.93, 2.6 percent away. LMT 591.51, near the 38.2 percent level of 584.32, 1.2 percent away. PEP 140.05, near the 61.8 percent level of 144.36, 3.0 percent away. MA 571.08, near the 38.2 percent level of 555.45, 2.8 percent away. ULTA 532.14, near the 61.8 percent level of 552.45, 3.7 percent away. RH 190.00, crossed above the 50 percent and 61.8 percent levels since the last review, now 4.7 percent below the 38.2 percent level of 199.43. QCOM 160.30, crossed below all three levels since the last review, now 8.2 percent below the 61.8 percent level of 174.68. IBM 237.24, crossed below all three levels since the last review, now 7.1 percent below the 61.8 percent level of 255.33. XOM 154.80, near the 38.2 percent level of 147.88, 4.7 percent away. WFC 88.52, near the 38.2 percent level of 87.89, 0.7 percent away. WYNN 102.06, crossed below the 61.8 percent level of 102.53 since the last review, now 0.5 percent below it. NEE 87.55, near the 38.2 percent level of 86.70, 1.0 percent away. TTWO 243.48, near the 38.2 percent level of 235.31, 3.5 percent away. MP 48.95, crossed below the 50 percent and 61.8 percent levels since the last review, now 3.5 percent below the 61.8 percent level of 50.71.

WATCHLIST ACTIVE SWING

VZ 46.88, EMA stack reversed back to full bullish, price above EMA10 above EMA20 above EMA50, a material change from the prior scan's broken stack. HUBS 248.89, EMA stack unchanged and still full bullish, flagged here for a round number, 0.44 percent below 250. NOK 9.92, EMA stack still bearish, flagged for a round number, 0.81 percent below 10.

No pull failures across the 12 names scanned, WMT, HUBS, DG, VZ, KMI, BMY, OXY, T, PFE, NOK, P, BEAM.

ROUND NUMBER RADAR, MAG 7 AND INDICES

MSFT 492.81 regular session, 498.90 premarket, 1.4 to 2.2 percent below the 500 level depending on which quote is used. META 587.94 regular session, 602.90 premarket, 0.5 percent above the 600 level on the premarket quote.

AAPL, GOOG, AMZN, NVDA, TSLA, SPY, and QQQ are not within 2 percent of a round number level.

DIP RADAR, AI INFRASTRUCTURE, BATCH 1 OF 2

Compute silicon, memory, networking, optics, servers, cooling, power inside the building.

AMD 518.58, round number, 3.7 percent from 500. ARM 280.56, fib, 1.5 percent from the 50 percent level of 276.36. INTC 100.86, round number, 0.9 percent from 100. MU 892.67, round number, 0.8 percent from 900. SNDK 1427.62, round number, 1.5 percent from 1450. STX 845.35, round number, 0.5 percent from 850. WDC 548.56, round number, 0.3 percent from 550. CSCO 121.74, round number, 1.5 percent from 120. ALAB 361.67, round number, 3.3 percent from 350. LITE 849.47, round number, 0.06 percent from 850. CIEN 411.13, round number, 2.8 percent from 400. FN 531.03, fib and round number, 4.0 percent from the 50 percent level of 510.69, 3.6 percent from 550. NOK 9.92, round number, 0.8 percent from 10, same name flagged in the Active Swing table above. DELL 467.27, round number, 3.7 percent from 450. MOD 201.71, round number, 0.9 percent from 200. JCI 153.62, round number, 2.4 percent from 150. CARR 65.69, fib, 3.3 percent from the 50 percent level of 63.50. SPXC 215.97, fib, 0.3 percent from the 50 percent level of 215.35. ETN 444.77, round number, 1.2 percent from 450. HUBB 502.24, fib and round number, 3.6 percent from the 50 percent level of 484.66, 0.45 percent from 500. ENS 193.70, round number, 3.3 percent from 200.

All 21 flagged names are up sharply premarket alongside the broad tape, none show the overreaction dip trigger. PSTG could not be assessed, both the quote pull and the historical pull returned no usable data on two attempts. Check PSTG manually.

DIP RADAR, AI INFRASTRUCTURE, BATCH 2 OF 2

On-site power, grid utilities, nuclear, chip equipment, data center REITs and neoclouds, construction.

NRG 117.04, overreaction dip, down 15.48 percent on the day to a fresh 10-day low of 112.50, also 2.5 percent from the 120 round number. Looks idiosyncratic, SPY is green. CIFR 20.38, overreaction dip, down 15.65 percent on the day, also 1.9 percent from the 20 round number. Idiosyncratic. STRL 541.62, overreaction dip, down 11.42 percent on the day, also 1.5 percent from the 550 round number. Idiosyncratic. GEV 1018.53, fib and round number, 2.9 percent from the 50 percent level of 1048.11, 1.85 percent from 1000. CMI 635.96, fib and round number, 1.9 percent from the 50 percent level of 623.93, 2.2 percent from 650. TLN 340.00, round number, 2.86 percent from 350. LEU 189.24, fib, 1.3 percent from the 50 percent level of 186.70. ASML 1711.89, fib and round number, 3.5 percent from the 50 percent level of 1773.80, 0.7 percent from 1700. AMAT 546.62, round number, 0.6 percent from 550. KLAC 195.45, round number, 2.3 percent from 200. ENTG 144.56, fib and round number, 1.6 percent from the 50 percent level of 146.90, 3.7 percent from 150. EQIX 1051.53, fib and round number, 0.9 percent from the 50 percent level of 1061.40, 0.15 percent from 1050. DLR 193.89, fib and round number, 1.0 percent from the 50 percent level of 191.90, 3.1 percent from 200. IRM 125.51, fib, 3.9 percent from the 50 percent level of 120.85. CRWV 91.90, round number, 2.1 percent from 90. NBIS 225.74, fib, 1.3 percent from the 50 percent level of 222.80. PWR 693.00, fib and round number, 3.5 percent from the 50 percent level of 669.60, 1.0 percent from 700. FIX 1775.86, fib and round number, 1.2 percent from the 50 percent level of 1796.98, 1.35 percent from 1800. EME 819.88, fib and round number, 1.4 percent from the 50 percent level of 808.20, 2.48 percent from 800. DY 415.08, round number, 3.77 percent from 400. GNRC 218.63, round number, 0.63 percent from 220, up 8.66 percent on the day, not an overreaction dip since it is up not down.

No pull failures across the 32 names in this batch. VST, IREN, NLR, and CCJ are excluded here, they run through the held-position Fib Radar below instead.

PORTFOLIO REVIEW

AMZN 277.42, flagged for a move greater than 5 percent, up 17.8 percent from the last noted reference price of 235.50 on 7/30. CCJ 93.09, flagged for sitting within 5 percent of true cost basis, current price is 0.2 percent above the 92.93 basis. This is a one-day-old position opened 8/4, so this is expected, not a surprise move. IREN 40.85, flagged for a move greater than 5 percent, up 13.4 percent from the last noted reference price of 36.01 on 7/30. META 587.94, flagged for a move greater than 5 percent, up 9.1 percent from the last noted post-earnings reference price of 539.03 on 7/30. NFLX, the 6-month price history pulled for the Fib Radar shows an implausible jump from a 71.40 close on 6/30 to a 612.91 close on 7/1, then back down to the 70 to 80 range by late July, well outside anything a corporate action explains. Treating this as bad data rather than a real move. Check NFLX manually before relying on any fib level for this name. SYM 47.46, flagged on three counts. A move greater than 5 percent, up 11.4 percent from the 42.60 reference on 7/31. An open short call, the 45C, expiring 2026-08-07, inside the 5 trading day window. And sitting within 5 percent of true cost basis, 4.4 percent above 45.44. TTWO 240.22, flagged for sitting within 5 percent of true cost basis, 1.2 percent above the 237.37 basis. VST 144.60 on the fresh premarket quote, flagged for sitting within 5 percent of true cost basis, 2.5 percent below the 148.336 blended basis. The large single-day drop tied to the ERCOT interconnection freeze happened on 8/4 and is already logged in yesterday's market journal and open-ideas.md, today's premarket quote is roughly flat versus that print, so this is not a new move. V, no flags, price sits close to the recent trim reference and well away from true cost basis.

FIB RADAR, HELD POSITIONS

AMZN, the 50 percent level of the 226.65 to 287.20 swing is 256.93, current price 277.42 is 8.0 percent above it, outside the trigger band. CCJ, the 50 percent level of the recent 83.50 to 94.84 swing is 89.17, current price 93.09 is 4.4 percent above it, just outside the 4 percent trigger band. IREN, the 50 percent level of the 28.93 to 42.24 swing is 35.59, current price 40.85 is 14.8 percent above it, outside the trigger band. META, the 50 percent level of the 524.49 to 590.24 swing is 557.37, current price 587.94 is 5.5 percent above it, just outside the trigger band. NFLX, could not compute, see the data quality note in Portfolio Review above. SYM, no clear pullback swing has formed, price is climbing into today's earnings print, no fib level to test. TTWO, no clear pullback swing has formed since the 7/29 high near 250.93, no fib level to test. V, the 50 percent level sits well below the current price given the name is near its 6-month high, no trigger. VST, the 50 percent level of the 142.81 to 168.98 swing is 155.90, current price 144.60 is 7.2 percent below it, breaking down through the level rather than pulling back into it. Outside the strict 4 percent trigger band but worth naming given the position size and the earnings print on 8/7.

NLR carries 0 shares and is excluded.