Quick hits - August 07, 2026

Weak jobs print, dovish spin if it holds: Jobs data missed, and the read here is that's actually good news for the market, less ammo for the Fed to stay hawkish. Still digging into where the miss came from before leaning on it harder, so treat this as an early take, not a thesis yet. If it holds up, could be a tailwind for anything rate-sensitive. Watching, not repositioning yet.

Aion's SPY liquidity model, vibes not gospel: Aion Analytics dropped a machine-learning liquidity forecast for $SPY. Explicitly not to scale and not gospel, just a visualization of what their data suggests, so nothing to size a position around here. Filing it as a watch, not a trade.

Fresh quant map: SPX 7662-7681 support, QQQ 728 the level to clear: New quant levels out on $SPX and $QQQ. SPX support is 7662-7681, resistance 7775-7806, so that's the range that decides the next move. On $QQQ, 710.5 and 722 are in play below, and if it clears 728 that opens the door for more upside. No read yet on which way it breaks, just the map for now.

SPY's 770 floor holds, 775 emerging as the pin: Morning books resettled and $SPY's holding a real 770 floor, with a 770-780 box shaping up and quant support underneath at 762-768. 775 looks like it's developing into a pin, dealers buying dips into it and selling rips above it, so lean toward chop inside that band over a clean breakout. Bands stay positive from 770 up to 780, the whole game today is just staying above 770.

$SNDK stuck under its moving-average cluster, a memory tell: $SNDK's fighting a cluster of moving averages overhead and that's capping its momentum for now. Relative strength there staying green while memory broadly runs red is a decent early tell for when the sector finds its footing. Not a breakout, just watching for it to clear that cluster.

Quant model flags a strong week ahead, then chop, CPI's the wildcard: A paid quant desk's model is reportedly leaning toward a strong week next week before things get choppy. Worth knowing, not a green light, especially with CPI dropping in that same window. One more data point, not a reason to load up.

Trimming the 'never sell' cohr: $COHR's been tagged never-sell, but never taking anything off a big winner is its own kind of risk. Trimming some here isn't a thesis change, it's putting an actual profit-taking system in place instead of just riding it blind.

$KTOS earnings-day highs are the tell: $KTOS still has a lot of overhead supply to chew through, normal for something bought or held through a big drawdown. Taking out the earnings-day highs is the real gauge of whether this bounce has legs, and the read here is it should get there.

Copper miners breaking out together as the dollar slides: $ERO is breaking to fresh highs, exactly the follow-through we've been patient for. $TGB's running the same setup at a lower beta, and $COPJ confirming the junior copper miners are moving as a group, not just one name. $GDXJ's gold miner breakout from earlier this week is extending too, all riding the same weak-dollar tailwind. If the dollar keeps sliding this basket could have more room, but nothing to chase here, just watching the group confirm.

UUUU flips monthly support, dollar rotation the hopeful catalyst: $UUUU just put in a bounce off its monthly highs and flipped what was resistance into support, the kind of technical tell that matters on a name that's been a genuinely tiresome hold. The hope is a weaker dollar and rotation into commodities keeps the bounce going. Nothing confirmed yet, this is cautiously optimistic, not a green light.

$POWL bought back after earnings, 50w ema the stop: $POWL still looks undervalued after that earnings print, so the add came back this week after trimming cost basis out a while ago. 50-week ema is the clean stop here, and above $234 (where the emas cross) is where price action should get even cleaner. Nothing forced, just filling back in on strength.