Watch List August 26th

Good Morning,

Yesterday we saw another gap and grind day for the SPY with new all time highs but not a lot of range on the day, especially in the afternoon. We also saw continued easing in the VIX, which is starting to get close to what has been a bounce zone. This morning we are looking at a relatively flat open for now, but that could all change at 8:30 AM Eastern with the jobless claims numbers and GDP coming out. Overall the market remains strong and very resilient but prone to a pullback at any time when sitting on all time high resistance. Here are a few names that I will be watching today:


PLTR pulled yesterday on a report of a data breach for one of their clients, and the company has responded that the issue was basically their clients error and not a problem with their software. Even with the pull yesterday this is still holding its earnings gap, and I like this long over vwap anchored to the earnings day around 24.60


TSLA I still like on any pull and hold of the $705 area which has consistently brought in buyers


PAGS gapped up on August 13th and this week has reclaimed vwap anchored to that in a TTM Squeeze on the daily. I like this on a pullback to $58 for a push up to test $61 and possibly break much higher


PATH is a recent IPO that has built a decent base with a TTM Squeeze on the daily and has some room up to vwap anchored to the IPO. I like this on a soft open that goes red to green for a push up to $70




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