Trade Ideas/Updates

Morning Note - 08/10/26: Stock Indexes Mixed.

By Jack Bahrenburg | Market Rebellion · August 10, 2026

Due to travel, today will be limited production. We will be back to normal Wednesday.

Overnight Summary and Early Morning Trading:

The S&P 500 finished Friday higher by 0.62% at 7757.64 from Thursday lower by -0.18% at 7709.96.
The S&P 500 sees support now at 7700 from 7600. Resistance is now at 7800 from 7700. In the last four months, support has moved from 6300 to 7700.
Bond Market is lower today on price with the 10-Year Yield at 4.668% from 4.66%.

Executive Summary:

Stocks are now in a two-week winning streak, with the S&P 500 rising 3.58% in the last week, ended 8/7.
U.S. moves into Week 25 of its attack on Iran, almost six months. Now we are back to negotiating a deal with Iran.
We concluded a two day losing streak on Friday.

Key Geopolitical Events of Note:

Economic news of note.
- Weekly - None of note.
- Monthly – None of note.
President Trump’s schedule:
- Participates in Executive Time at 8:00 a.m. EDT.
- Participates in Policy Meeting at 12:30 p.m. EDT.
- Participates in Swearing In Ceremony for the US Attorney General at 2:00 p.m. EDT.
- Signs an Executive Order at 2:45 p.m.
Speakers of Note: None of note.

Capital Raises of Note/Pricings:

IPO Filings & News: Switch, Inc. has filed confidentially for a US IPO
Secondaries Filed Or Priced:
- INN files prospectus supplement; relates to equity distribution agreement for up to $200 million of common stock.
- ALTO enters into up to $50 million in shares At-The-Market issuance sales agreement.
Notes Filed Or Priced: None of note.
Convertible Offerings Filed or Priced: None of note.
Private Placement: None of note.
Direct Offering: None of note.
Exchangeable Subordinate Voting Shares: None of note.
Selling Shareholders:
- AGEN files for 77,976,718 share common stock offering by selling securityholders.
- SI also filed for 8,103,026 share common stock offering by selling stockholders.
- TE reports on a resale of up to 13,615,979 shares of common stock by selling securityholder.
- MAAS files for 75,419,246 ordinary share offering by selling shareholders,
- MANE files for 16,772,058 share common stock offering by selling shareholders,
Mixed Shelf Offerings:
- SI files for $300 million mixed securities shelf offering.
- NHP files mixed securities shelf offering,
- GWRS files for $100 million mixed securities shelf offering,
- REZI files mixed securities shelf offering.

Earnings After The Close:

Beats: None of note.
Misses: None of note.
Flat: None of note.

Winners From Last Week: IOVA (6.23 +53.07%), SENS (6.85 +36.08%), INSM (131.62 +33.49%), EVH (4.07 +31.72%) KRO (8.61 +43.02%), BTG (5.03 +34%), HTZ (2.39 +50.47%), TBI (10.3 +45.48%), FWRD (19.44 +38.33%), MTW (18.88 +36.32%), MB (8.5 +115.19%), LPSN (2.66 +50.28%), TEAM (149.09 +47.59%), AAOI (136.91 +45.15%), COHR (378.42 +43.95%)of note.

Losers From Last Week: QDEL (12.33 -26.48%), DVA (181.97 -24.21%), COLL (29.47 -16.73%), ASIX (16.62 -17.15%),MATW (23.08 -16.85%), PZZA (24.37 -18.49%), INSG (5.20 -26.03%), TTD (13.84 -23.28%), SEDG (31.81 -22.8%), EXTR (24.09 -20.07%), LASR (57.47 -16.47%), PARR (66.70 -22.47%), USNA (15,39 -30.08%)

News after the close:

Paramount Skydance (PSKY) extends WBD note exchange and tender offers to Aug. 21.
RTX awarded contract action on a new Missile Defense Agency contract with base value of this contract at $745.4 million.
Ashland (ASH) exploring potential sale after receiving takeover interest. (Bloomberg)

Executive, Corporate Changes: None of note.

Buybacks of Note: None of note.

Dividend Info:

Top Names Trading Ex-Div Today: DA $0.88, ATR $0.48, BPRN $0.35, SYF $0.34, AWI $0.339, SAR $0.25, HFWA $0.25, FUL $0.24, UVSP $0.23, CAG $0.17, EQT $0.165, MTG $0.15, CBAN $0.12, JMSB $0.10
Top Names Trading Ex-Div Tuesday: LMT $3.30, MSFT $0.83, APAM $0.70, ACM $0.26, KR $0.32, RBA $0.29, LNC $0.45, DCI $0.27, SJW $0.40, MTRN $0.095.

What Happening This Morning:

Futures S&P 500 -1, NASDAQ 100 +26, Dow Jones -88. Europe is higher ex FTSE while Asia is higher ex Australia. Bond yield is at 4.668% from 4.66% on the 10-Year. Crude Oil and Brent Crude are higher with Natural Gas higher. Gold is lower with Silver and Copper higher. The U.S. Dollar is higher versus the Euro, lower against the Pound and higher against the Yen. Bitcoin is at $65,138 from $65,138.

Sector Action:

Daily Communication Services, Energy, Industrials, Materials, Consumer Cyclicals and Real Estate led the way higher
Daily: Consumer Defensive, Financial, Technology and Healthcare were lower.
One-Month Winners: Technology, Communication Services, Healthcare and Real Estate of note.
Three-Month Winners: Energy, Materials, Utilities, Consumer Defensive and Industrials of note.
Six-Month Winners: Energy, Materials, Utilities, Industrials, Healthcare and Consumer Defensive of note.
Twelve-Month Winners: Materials, Energy, Industrials, Utilities, Communication Services and Technology of note.
Year-to-Date Winners: Energy, B, Consumer Defensive, Utilities and Industrials of note.

Upcoming Earnings Of Note: (Erlanger Chartroom Software – sorted by market cap, highest to lowest with most visible names)

Monday After the Close:

Tuesday Before The Open:

Notable Earnings of Note This Morning:

Beat: EMBJ +0.57, INSW +0.48, MNDY +0.37, SDRL +0.25, RDNT +0.25, AAON +0.18, RDNT +0.09, FERG +0.09, NESR +0.09, CAMT +0.02, CEVA +0.01, SLVM +0.01 of note.
Missed: CLMT (1.16), AXSM (0.10), BTDR (0.01), B (0.01) of note.
Flat: DOLE of note.
Still to Report: None of note.

Company Earnings Guidance:

Positive Guidance: After The Close & This Morning: CAMT, AAON, CTRN
Mixed – None of none.
Negative or Mixed Guidance: MNDY, NABL

Advance/Decline Daily Update:

Gap Ups & Down In Early Pre-Market::

Gap Up: IPHA +25.5%, SLN +17.2%, NESR +11.3%, SDRL +8.3%, IMOS +7.4%, RDNT +5.6%, ABCL +5.2%, ASX +4.8% of note
Gap Down: AIRS -13.4%, B -4.8%, DOLE -2.5%, of note.

Insider Action: None sees Insider Buying with dumb short selling. None see Insider Buying with smart short sellers. Above $100,000 in purchases with high shorts but no history: None of note.

Other Trading Action: None of note.

Rags & Mags: Repeated stories from prior days never listed, i.e. “rehashed news”. Sorted by Global, U.S. and stock specific. Bolded source means paywall.

Private Credit is Under Growing Strain. (WSJ)
Oil Prices Climb on Stalemate in Strait of Hormuz. (NYT)
China Releases $28 Trillion to Challenge US in AI. (Bloomberg)

Economic & Geopolitical:

Federal Reserve Speakers of note today:
- None of note,

President Trump’s schedule for today:
- Participates in Executive Time at 8:00 a.m. EDT.
- Participates in Policy Meeting at 12:30 p.m. EDT.
- Participates in Swearing In Ceremony for the US Attorney General at 2:00 p.m. EDT.
- Signs an Executive Order at 2:45 p.m.
Economic Data Out –
- Monthly
  - None of note.
  - None of note.

M&A Activity & Daily: None of note.

Moving Average Table: 100% from 97% of Equities are Positive, and 44% from 4% Bonds are Positive.

Meeting & Conferences of Note:

Sellside Conferences: None of note.
Top Analyst, Investor: None of note.
Shareholder Meetings: None of note.
Fireside Chat: None of note.
FDA Presentation: None of note.
R&D Day: None of note.
Meetings: None of note.

Upgrades & Downgrades:

The recommendations listed below in this “Upgrade/Downgrade” section are compiled from what we believe are Tier I, II and III firms. Recommendations posted are taken from a variety of sources each day and we only post upgrades or significant initiations as well as downgrades to underweight or sell. The purpose of this posting is to make the reader aware of market-moving recommendations.

Upgrades: APLE AIP RCEL TEAM DVA EBAY FSLR QNST SPCX U (3) of note.

Downgrades: JBLU of note.

Initiations: Buys: STRO TSEM of note. Sells: None of note.