8/29/2026 Daily Recap: Hiding under the MAGS tree. - $AAPL $MSFT $AMZN $GOOGL were Fridays hiding spot immediately following Warsh hawkish speech. - $NVDA not an ideal selloff after its earnings push but that is just typical for that name. - $SMH continues to live under the 50sma and it's tough to make a bullish case for this group at the moment. - $RBRK nasty rejection on Friday after the ER report. Dragging down $CRWD $PANW with it. - Whispers of a possible rate hike in September took the dollar up and metals down. - Rate sensitive biotech's felt that news as well closing down 3.5% for the day. $XBI. $ARKG down 4.5% - $WGMI continues to look like a group which is heading lower $IREN $WULF $HUT $CIFR. $NBIS also can't wake up even a little bit. - Aerospace also sees no love. Many former leaders are already 50% off highs. $ASTS $RKLB $PL. - $VLO $MPC $PSX still look incredibly resilient despite middle of the road strength in crude. - Tricky market full of landmines so trading smaller for the time being has kept me out of trouble. - HAGW!