At a Glance
Market: Oversold. SPY and QQQ at highs; IWM, DIA, Biotech and Gold under their 50-day.
Earnings: Mon AEHR· Tue PENG · Wed APLD, RELL · Thu ODC, ANGO, HELE · Fri DAL
Macro: Mon ISM Services PMI · Wed FOMC Minutes · Fed speakers on 3 days
Conferences: Fri ACG Meeting
IPOs: Mon TBCV
The plan: Focusing on New Catalysts and Earnings. Optimistic on opportunities this week.
Holding: MRNA (+25.5%), DELL (+27.7%), OKTA (+29.0%)
Situational Awareness
Market Condition: All Time Highs/Setups Proliferating/Breadth Hooking Up
Commentary: Friday we gapped to all time highs on the QQQ. Lot's of hooks on breadth metrics proliferating on the T2108, Above MAs etc.
The big question that remains is if we get follow through here. I'm seeing plenty of setups beginning to show and breakouts today. I'm still relatively light here but if we can get a strong earnings season there may be a big opportunity to finish the year strong.
As always DAL earnings on Friday morning heralds the beginning of earnings season with the banks starting to report the following week!
Optimistic this week on opportunities. Focusing on the few earnings names and potential PR catalysts.
Themes, 5 sessions: leaders Tankers +8.3%, Optics / Photonics +7.1%, Small-Cap Semis +5.2%, Cybersecurity +4.0%; laggards Cannabis -13.4%, Crypto Equities -9.5%, AI Small Caps -7.7%, Defense Tech -6.5% (SPY -0.2%).
Earnings Highlights
Monday After Hours: AEHR (unconfirmed), CHRN
Tuesday After Hours: PENG, NEOG, WS
Wednesday After Hours: APLD, RELL
Thursday Before Open: ANGO, HELE
Thursday After Hours: ODC
Friday Before Open: DAL
Full Earnings Watchlist: TradingView
Stocks to Watch
Stocks in Play Watchlist: TradingView
Powerplay Watch: SDGR, AMPL, ALAB, RSKD, BAND
Consolidation Watch: GOOG, BE, AXTI, MU, SNDK, SKHY, FSLY, SIMO
Trade Updates
Open:
MRNA - Power Play - 17th September 2026 - 40% Remaining
DELL - Earnings Catalyst - 2nd September 2026 - 70% Remaining
OKTA - Earnings Catalyst - 27th August 2026 - 10% Remaining
Trims:
MRNA - 4EMA Close Below - 30th September 2026 - 30% Trim
Closed this week:
TEAM - Earnings Catalyst - 28th September 2026 - 20EMA Close Below
Macro Events (Eastern Time)
Monday October 5 2026
10:00 AM - ISM Services PMI (Sep) (Previous: 55.4, Consensus: 55.7)
Tuesday October 6 2026
Fed speakers: Williams 9:05 AM, Bowman 10:45 AM, Logan 7:00 PM
Wednesday October 7 2026
2:00 PM - FOMC Minutes
Thursday October 8 2026
Fed speakers: Musalem 1:40 PM
Friday October 9 2026
Fed speakers: Collins 4:00 PM
Conferences This Week
Fri 9 Oct – Wed 14 Oct · ACG Meeting - Biotech
Presenting: SBS
IPOs This Week
Mon 5 Oct: TBCV - Thunder Bridge Capital Partners V, Ltd. Class A Ordinary Shares - NASDAQ - SPAC
Biotech Calendar
XBI -0.4% on the week and -6.6% on the month, under its 50-day. The sector tailwind is gone for now. Reactions have to prove themselves.
Flagged Charts: MRK, IRD, AGIO, INO, ZYME, IVVD, SYRE, DFTX
Note: Never front-run biotech catalysts. Wait for the catalyst to hit, then assess if the reaction is tradable. Dates are estimates and can shift.
Full H2 Biotech Watchlist: TradingView
Have a Great Week!
Sean Sharpe
