Situational Awareness:
Market Condition: Weak/Oversold
Commentary:
Quick newsletter this morning. I have been off all week. Today is first day at the market. Next week will be similar then I will be back to regular programming the week after with a renewed focus on the Newsletter and an updated format that I think will work better each day.
Market has crept into oversold conditions despite sitting near the highs. Very narrow breadth but leaders are leading still.
I remain bullish but focusing on the narrow group of winners. Below are main picks. one real catalyst and one likely short lived mover. AIFF is a secondary one to watch on ADHD treatment partnership. Moving on volume in pre market.
Akamai Technologies Inc (AKAM)
Industry Group: Software - Infrastructure, Market Cap: 15.87B, Float: 140.50, Short Interest: 13.38%, Days to Cover: 5.25, Earnings: 8/6/2026 4:30:00 PM, Exchange: NMS
AKAM is the obvious catalyst today. The chart is solid but not as developed as I would like. Akamai and Anthropic signed Project Plans 2 and 3 on Sep 18, 2026 under the existing May 5, 2026 MSA: Anthropic “committed to pay … approximately $11.6 billion” over seven-year terms for dedicated cloud capacity and managed support; new vs the May $1.8 billion Plan 1.
$130 is the obvious level to push through today. An undercut and Rally of $125 may offer a tight entry.
INLIF Ltd (INLF)
Industry Group: Specialty Industrial Machinery, Market Cap: 6.90M, Float: 0.98, Short Interest: 1.26%, Days to Cover: 0.00, Earnings: , Exchange: NCM
Chinese robotics parts company that had earnings last night. Chinese names can really move. Caution on this one but robotics theme and new product line ‘‘intelligent equipment’’ that has grown fast for them. Microcap so caution on this***.
Trade Updates:
Current Positions: DELL, OKTA, MRNA, PURR, TEAM
Stocks in Play Watchlist:
Stocks in Play Watchlist (TradingView Link)
Safe Trading!
Sean Sharpe