Wednesday closed slightly lower — the S&P 500 slipped 0.02% to 7,675.70, the Dow fell 113.52 points (-0.21%) to 53,463.88 and the Nasdaq eased 0.08% to 26,130.20 — as chip stocks drifted into Nvidia's report and Core PCE printed exactly in line (+0.2% m/m, +3.3% y/y). After the bell, Nvidia posted $96.2B revenue (+106% y/y, above the ~$92.2B Street estimate), $89B data-center sales (+117% y/y, above the ~$86.3B estimate), non-GAAP EPS of $2.22 (+111% y/y), and guided Q3 FY27 revenue to $108B ±2% against a Street estimate of $104.2B — Amazon also announced it will buy 2 million Nvidia GPUs and deploy Nvidia's new Vera CPU alongside the coming Rubin chip. Shares jumped roughly 4–5% after hours (reports range 1.5%–5.3% depending on the print) and dragged Thursday's futures higher — Dow futures +0.25%, S&P futures +0.35%, Nasdaq 100 futures +0.66% — alongside a beat on July durable goods orders (+1.1% vs. ~+0.5% expected) and a modest Iran de-escalation signal (Qatar's PM visiting Tehran, an Iran-Oman proposal for a temporary Hormuz shipping corridor). None of that shows up in the Buy Zone Radar below: the scheduled GitHub Action refresh that normally lands by 11:00 UTC on weekdays hadn't posted a new commit as of this edition, so every level still reflects yesterday's 11:07 UTC fetch — the five-name BUY NOW roster is unchanged because nothing has been re-measured, not because nothing moved. Buy Palo Alto Networks, Lockheed Martin, ASML, Eaton and Novo Nordisk in thirds; leave AMD, Applied Materials, Vertiv and the rest of the broke-zone chip cohort alone until tomorrow's fetch actually prices in tonight's print.
RISK-OFF holds. September rate-hike odds eased back to the low-to-mid 30s (trackers vary, ~31–37%) after ticking up toward ~40% on Tuesday — still a fraction of mid-July's ~82% — as the dollar index firmed slightly to ~99.1. The Kansas City Fed's Jackson Hole symposium opens today and runs through Saturday; Fed Chair Kevin Warsh delivers his first keynote as chair tomorrow morning (10:00 ET / 15:00 Dublin) — the richest scheduled signal left before the 16 September FOMC decision.
Wed close: Dow -0.21% → 53,463.88 · S&P 500 -0.02% → 7,675.70 · Nasdaq -0.08% → 26,130.20 · Thu premarket: Dow futures +0.25% · S&P futures +0.35% · Nasdaq 100 futures +0.66% · WTI ~$81.4–81.9 (-0.4% to -1.1%) · 10Y 4.64% (Wed) · Gold ~$4,658.10 · Bitcoin ~$78,760 (-0.1%) · DXY ~99.11 (+0.2%)
| Name | Status | Level & anchor | Action |
|---|---|---|---|
| PANW In zone |
Palo Alto Networks — platformization is working | $339.90 vs 50-day zone $338.47 (+0.4%) | Buy in thirds. Stop $227 · sell $379–399. |
| LMT In zone |
Lockheed Martin — rearmament backlog at a value multiple | $556.52 vs 50-day zone $549.18 (+1.3%) | Buy in thirds. Stop $553 · sell $657–692. |
| ASML In zone |
ASML — litho monopoly | $1,744 vs 50-day zone $1,776 (-1.8%) | Buy in thirds. Stop $1,454 · sell $1,900–2,000. |
| ETN In zone |
Eaton — electrification of everything | $409.20 vs 50-day zone $416.96 (-1.9%) | Buy in thirds. Stop $379 · sell $454–478. |
| NVO In zone |
Novo Nordisk — GLP-1 #2 at a discount after stumbles | $48.66 vs 50-day zone $47.73 (+1.9%) | Buy in thirds. Stop $46 · sell $61–64. |
| GS At zone · downswing |
Goldman Sachs — capital-markets thaw + rates desk | $1,059 vs 50-day zone $1,053 (+0.5%) | Watch — zone holds, slope is down. No new buys. Stop $939 · sell $1,096–1,154 (informational). |
| GOOGL At zone · downswing |
Alphabet — search + Gemini + TPUs, still the cheapest megacap | $346.96 vs 50-day zone $351.32 (-1.2%) | Watch — zone holds, slope is down. No new buys. Stop $334 · sell $388–409 (informational). |
| TSM At zone · downswing |
TSMC — everyone's foundry | $417.41 vs 50-day zone $424.17 (-1.6%) | Watch — zone holds, slope is down. No new buys. Stop $368 · sell $455–479 (informational). |
| WFC Reclaim gate |
Wells Fargo — post-asset-cap growth case | $84.79 · needs to reclaim 200-day $84.92 (-0.2% below) | Watch for a reclaim close above $85. No buy yet. Stop $85 · sell $93–98 (informational). |
| AVGO Reclaim gate |
Broadcom — custom AI silicon + software | $356.74 · needs to reclaim 200-day $369.22 (-3.4% below) | Watch for a reclaim close above $369. No buy yet. Stop $369 · sell $470–495 (informational). |
| CLS Reclaim gate |
Celestica — hyperscaler ODM compounder | $306.86 · needs to reclaim 200-day $328.92 (-6.7% below) | Watch for a reclaim close above $329. No buy yet. Stop $329 · sell $450–474 (informational). |
| AMD Broke zone |
AMD — Zen 6 + Helios racks; +3.8% premarket on Nvidia read-through | $479.18 vs 50-day zone $508.95 (-5.8%) | Do nothing — wait for repair. Stop $332 · sell $555–585 (informational). |
| LRCX Broke zone |
Lam Research — etch & deposition leader, memory-capex proxy | $314.66 vs 50-day zone $335.19 (-6.1%) | Do nothing — wait for repair. Stop $255 · sell $417–438 (informational). |
| NOK Broke zone |
Nokia — deep value on AI backhaul | $10.35 vs 50-day zone $11.15 (-7.2%) | Do nothing — wait for repair. Stop $9 · sell $17–17 (informational). |
| PWR Broke zone |
Quanta Services — grid-buildout backlog machine | $603.78 vs 50-day zone $668.35 (-9.7%) | Do nothing — wait for repair. Stop $581 · sell $749–789 (informational). |
| DDOG Broke zone |
Datadog — observability + AI monitoring | $222.99 vs 50-day zone $249.11 (-10.5%) | Do nothing — wait for repair. Stop $175 · sell $278–293 (informational). |
| GEV Broke zone |
GE Vernova — gas turbines sold out for years | $926.73 vs 50-day zone $1,035 (-10.5%) | Do nothing — wait for repair. Stop $872 · sell $1,136–1,196 (informational). |
| COHR Broke zone |
Coherent — optics and transceivers for AI clusters | $288.14 vs 50-day zone $325.87 (-11.6%) | Do nothing — wait for repair. Stop $271 · sell $418–440 (informational). |
| VRT Broke zone |
Vertiv — cooling + power gear for AI datacenters | $255.75 vs 50-day zone $292.09 (-12.4%) | Do nothing — wait for repair. Stop $254 · sell $361–380 (informational). |
| AMAT Broke zone |
Applied Materials — broadest chip-equipment franchise | $480.04 vs 50-day zone $557.60 (-13.9%) | Do nothing — wait for repair. Stop $398 · sell $703–740 (informational). |
| MU Wait · crowded knife |
Micron — bear market; Burry short vs ClearBridge long | $932.97 vs 50-day zone $961.91 (-3.0%) | Do nothing. Same crowded trade as last week. Stop $578 · sell $1,192–1,255 (informational). |
| NVDA Limit order |
Nvidia — beat and raised last night; price not yet refreshed | $213.05 (pre-earnings) · buy ≤ 50-day zone $207.81 (+2.5% above) | Watch — no entry. After-hours pop not priced in yet. Stop $195 · sell $225–237. |
| BAC Limit order |
Bank of America — rate-sensitive book repricing upward | $62.43 · buy ≤ 50-day zone $60.79 (+2.7% above) | Watch at $61. Limit only. Stop $55 · sell $65–67. |
| RTX Limit order |
RTX — missiles + engines, Iran demand pull | $210.28 · buy ≤ 50-day zone $204.39 (+2.9% above) | Watch at $204. Limit only. Stop $192 · sell $216–227. |
| JPM Limit order |
JPMorgan — the fortress balance sheet | $356.69 · buy ≤ 50-day zone $345.52 (+3.2% above) | Watch at $346. Limit only. Stop $317 · sell $366–373. |
| MRVL Limit order |
Marvell — custom silicon + optics for AI datacenters | $240.38 · buy ≤ 50-day zone $232.03 (+3.6% above) | Watch at $232. Limit only. Stop $147 · sell $313–330 (informational). |
| FANG Limit order |
Diamondback Energy — Permian consolidator | $199.89 · buy ≤ 50-day zone $192.79 (+3.7% above) | Watch at $193. Limit only. Stop $179 · sell $206–217. |
Trump's "very big victory" rhetoric on Iran. The louder headline today is Trump claiming US financial pressure will move Iran "toward a very big victory," alongside confirmation the USS Theodore Roosevelt will deploy to the region for at least seven months — both framed as escalation.