9/2/2026 Daily Recap: Nothing runs like a Deere. - Agriculture $MOO $DBA and $DE continue their move higher. - $XBI big volatility both ways today but still above a rising 20sma. - $XLB do we see this 8 month base for materials resolve to the upside? - $NVDA nice move today but once again the volatility makes having conviction in a trend nearly impossible. - We saw cyber security names come under serious pressure yesterday and that didn't subside on the back of $PANW earnings. Down nearly 10% today. - $IGV giving back nearly all of last weeks move in 2 sessions. $CRWD $FTNT $NET - $SNOW with a nice push in the after hours session +23%. Lets see if that can stabilize the software group here. - $XLE still far and away your cleanest trend. $VLO $MPC $PSX $DINO extended but that has been the strongest group since June. - $MU $SNDK about as tight as tight can get. Lets see if we can get a directional move at some point in the next few days. We obviously know fundamentals are incredible but the price action is indecisive - One day at a time. And if you find yourself struggling please size down. This market isn't going to be closing anytime soon!

We could see a snapback rally in individual stocks at any time. But it’s worth remembering: “The chart looks like shit” is not a bullish argument. Oversold can produce a rally. It doesn’t automatically make the trend bullish for semis and other AI related names. $ARM $MRVL $CRDO $AMAT $LRCX $AEHR $GLW etc.

9/1/2026 Daily Recap: Agriculture leads, Semis lag? - $MOO $DBA continue out to new highs. $DE on the list of leaders - Fertilizers also trending $NTR $CF - Oil and gas stocks trend higher. $CVX $XOM $PBF $VLO $MPC $PSX. No setup here for me to buy but the group is acting fantastic $XLE - $DELL reported after the close but prior to the report we were down 6.8% - $PANW $CRWD $NET $FTNT wide and loose action from cyber security names. Also, Palo Alto reported after the close and now down 7.5% from yesterdays close. - $MDB down 14% after their report - $CRDO down double digits. - $MU $SNDK reject on a resistance gap and the 50sma. - Metals continue to come under pressure $GLD $GDX $COPX $SLV - Market is a bit washed out so I would be more on the cautious side for new shorts into weakness. - IF shorting is your cup of tea, short into supply and not chasing weakness (resistance gaps, falling key moving avgs etc..) - This is not the environment to "make back losses." so if you are struggling, SIZE DOWN!

Seeing Software as the group leading us down today is NOT what we want to see. If we view that group as leadership then $CRWD $FTNT $NET $PANW $FROG $SHOP all down 5%+ is not a great way to start our Tuesday