Daily Market Analysis

2026-08-10

Mark As Read
Mark As Read

Review our intraday commentary to learn how we interpret price action and build a market narrative.

Drag the blue slider to reveal the day's price action. Dots on the timeline represent comments and can be clicked. View the table below for all market-related comments and annotated charts (including those from after hours).

Abbreviated Comments View all

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09:31:07
Pete
Yes SPCX is a good company. Is it a good time to buy? Who knows. It has been in a down trend and I need at least 6 months of data to give you a technical read on it. @Max.M:...
09:38:18
Pete
The stock is well above the EMA 8 so you chased a hot move. Temper your excitement by looking at the left side of the chart. Do you think that some of those sellers might be willing to unload some...
09:57:51
Pete
Sure, minor support there.  @Max.M:  Pete, what about the 767.60 support level, or was that a typo? · @Pete: We discovered that Leopold Aschenbrenner's $45 billion AI hedge fund was forced into liquidation. H... View
10:29:28
Pete
My overall risk exposure is light. I am long RKLB and short PENG puts so both benefited from the rally. I am short UNP and down about $7. Last week was a net positive. I did not want to have...
10:49:01
Pete
Long Sold BFLY Aug (21) $10 puts @ $.78. Slightly ITM, but I like the chart and would own the stock at $9.20
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