Good morning, SqueezeFinders!
Yesterday, the market threw us an extra volatile trading session where the $QQQ tech index opened at 568.33, and within an hour and a half after the bell, we saw intraday lows below 559 (558.64) before a partial intraday recovery ensued. A mix of tariff policy uncertainty, weak economic data releases, and general tech sector are weaker (led by companies like $PLTR for example). Today's main directional sentiment determinants are the below listed economic data releases, and also earnings results from $WMT (premarket). Ideally, $QQQ can hold 540 on larger time-frame, and we can focus on rate decisions to guide us further. Bitcoin trades for ~$114k/coin, spot Gold trades for $3,380/oz, and spot Silver for $37.9/oz. Regardless of whether broader market sentiment, you can always locate relative strength by tapping/clicking the column headers to sort the live watchlist in descending order of whichever data metric is important to you.
Today's economic data releases are:
🇺🇸 FOMC Member Bostic Speaks @ 7:30AM ET
🇺🇸 Philly Fed Mfg. Index (Aug) @ 8:30AM ET
🇺🇸 Initial Jobless Claims @ 8:30AM ET
🇺🇸 Philly Fed Employment (Aug) @ 8:30AM ET
🇺🇸 Continuing Jobless Claims @ 8:30AM ET
🇺🇸 S&P Global Mfg. PMI (Aug) @ 9:45AM ET
🇺🇸 S&P Global Services PMI (Aug) @ 9:45AM ET
🇺🇸 S&P Global Composite PMI (Aug) @ 9:45AM ET
🇺🇸 Existing Home Sales (Jul) @ 10AM ET
🇺🇸 US Leading Index (Jul) @ 10AM ET
🇺🇸 30Y TIPS Auction @ 1PM ET
🇺🇸 Fed's Balance Sheet @ 4:30PM ET
🇺🇸 Jackson Hole Symposium @ 8PM ET
📙Breakdown point: BELOW this price, the move will lose momentum significantly in the short-term, as shorts will gain confidence encouraging them to short more. Reducing probability of a squeeze without a catalyst.
📙Breakout point: ABOVE this price, the move will gain momentum significantly in the short-term, as shorts losses will increase pressuring them to cover. Increasing the probability of a squeeze occurring, especially if with a catalyst.
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$VITL
Squeezability Score: 51%
Juice Target: 89.9
Confidence: 🍊 🍊 🍊
Price: 49.79 (+2.49%)
Breakdown point: 40.0
Breakout point: 49.5 (new all-time high)
Mentions (30D): 5
Event/Condition: Huge rel vol spike after strong earnings report results (bottom and top line beats, raised guidance) + Company on track to reach $1B net rev target in 2027 + Recent price target 🎯 of $50 from Lake Street + Recent price target 🎯 of $52 from Jefferies + Potentially imminent year long rangebound consolidation breakout if > 48.5 + Recent price target 🎯 of $50 from Telsey Advisory + Recent price target 🎯 of $52 from DA Davidson + Recent price target 🎯 of $53 from Mizuho. -
$BE
Squeezability Score: 50%
Juice Target: 70.3
Confidence: 🍊 🍊 🍊
Price: 44.51 (+3.27%)
Breakdown point: 36.0
Breakout point: 47.3 (new all-time high)
Mentions (30D): 12
Event/Condition: Massive rel vol spike and new 52 week highs after company enters into data-center collaboration with Oracle + Massive rel vol surge after Big Beautiful Bill said to benefit company with tax credit surprise + Recent price target 🎯 of $40 from J.P. Morgan + Potentially imminent medium-term downtrend bullish reversal + Resumption of bullish momentum + Recent price target 🎯 of $30 from Susquehanna + Recent price target 🎯 of $41 from UBS + Company CEO says sees more power supply deals with data centers.
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