Stocks in Play - 18th August 2026
Today in Focus: Patience & Following Rules
Trading Services I Use:
StockAnalysis.com - I’ve been using Stock Analysis as an affordable but reliable method of looking at New and Upcoming IPOs, Earnings Calendars and most notably KPIs (Key Performance Indicators). Stock Analysis allows you to view the KPIs for many companies with up to date metrics and segments that you can cross reference against Earnings Results. This is incredibly important when understanding what metrics move a stock. At $65 per year it’s a no brainer. They’ve given me a discount code if you use STOCKSINPLAY they will give you another 10% Off.
Situational Awareness:
Market Condition: Gap Down Open
Commentary:
Decent gap down on no real news as such. This is a good test to see if the market is resilient. We are going right into the 10EMA and last Tuesdays’ B/O. The market should want to pop back over that level quickly otherwise we should become more defensive.
This morning should shake out a lot of people with less than stellar entries and especially those that have chased former leaders.
Yields are at highs and Oil looks Perky. VIX with a weak gap up.
For now I’m assuming this is a shakeout but at the same time I don’t want to get aggressive into warnings. Stick to sell and trim rules. Careful with any new exposure.
Luckily for us there is nothing today that I can see is worth considering. XOS is a nanocap that is running but has bee consolidating most of the morning on a Military Contract. This will likely be a go to for day traders if it can get above $5.
DUOT had solid earnings last night and a first positive operating quarter as data-center infrastructure company. This could work as a sort of delayed reaction type trade. I will be monitoring it.
Trade Updates:
Current Positions: TEAM, NIQ, PLTR, ABCL, QMCO, HTFL, NBIS
Stocks in Play Watchlist:
Stocks in Play Watchlist (TradingView Link)
Have a Great Week!
Sean Sharpe