Tuesday's Houthi strikes on Abha, Jazan, Najran and Khamis Mushait wounded more than 70 people and set fires at Saudi oil facilities and utilities, pushing Brent to roughly $98.59 a barrel — its highest since the Iran war began squeezing the Strait of Hormuz — with WTI near $92-93. Dow futures were down about 389 points (-0.73%) pre-open, alongside a fresh US-Canada trade escalation: Ottawa's retaliatory tariffs on $20B of US goods took effect at 12:01am ET today. None of that changes the book's math — Friday's close is still the last real print, and the last two Alpha 100 fetches both derive from it — but the zone list itself moved: Palo Alto Networks repaired back into range overnight, taking the live BUY NOW roster to six (joining Amazon, Bank of America, RTX, Novo Nordisk and Eli Lilly), while the broke-zone bucket shrank from eight names to four.
RISK-OFF holds and gets a second, independent driver: on top of Friday's payrolls beat repricing the 16 September FOMC decision toward a hike, a real oil supply shock is now in play. Houthi strikes on Saudi Arabia's energy heartland threaten the Bab al-Mandeb strait just as the Iran war has already throttled Hormuz — together the two chokepoints carry roughly a fifth of global oil trade. Brent near $98-99 lands directly ahead of Thursday's PPI and Friday's CPI, the last inflation readings before the Fed decision.
Fri close: Dow -0.51% (-271.86pts) → 53,414.25 · S&P 500 -0.38% → 7,718.60 · Nasdaq -0.29% → 26,506.99 · Mon: markets closed (Labor Day) · Tue premarket: Dow futures -389pts/-0.73% · S&P futures -19.25pts/-0.25% · Nasdaq futures +21.25pts/+0.07% · 10Y ~4.77-4.80% · Brent ~$98.59 · WTI ~$92-93 · Gold ~$4,395/oz · Bitcoin ~$79,400-80,000 · DXY ~99.0-99.3
| Name | Status | Level & anchor | Action |
|---|---|---|---|
| PANW In zone |
Palo Alto — platformization is working | $333.26 vs 50-day zone $349.30 (-4.6%) | Buy in thirds. Stop $233 · sell $379–399. |
| LLY In zone |
Eli Lilly — GLP-1 franchise + pipeline depth | $1,149 vs 50-day zone $1,192 (-3.5%) | Buy in thirds. Stop $1,063 · sell $1,228–1,293. |
| RTX In zone |
RTX — missiles + engines; Iran demand pull | $200.79 vs 50-day zone $207.67 (-3.3%) | Buy in thirds. Stop $193 · sell $216–227. |
| NVO In zone |
Novo Nordisk — GLP-1 #2 at a discount after stumbles | $46.60 vs 50-day zone $47.89 (-2.7%) | Buy in thirds. Stop $46 · sell $61–64. |
| BAC In zone |
Bank of America — rate-sensitive book repricing upward | $62.68 vs 50-day zone $61.62 (+1.7%) | Buy in thirds. Stop $55 · sell $66–67. |
| AMZN In zone |
Amazon — AWS reacceleration + retail margin lever | $258.51 vs 50-day zone $253.95 (+1.8%) | Buy in thirds. Stop $239 · sell $273–287. |
| TSM Limit order |
TSMC — everyone's foundry | $428.91 · buy ≤ 50-day zone $420.41 (+2.0% above) | Watch at $420. Limit only. Stop $373 · sell $455–479. |
| FANG Limit order |
Diamondback — Permian consolidator | $199.22 · buy ≤ 50-day zone $195.16 (+2.1% above) | Watch at $195. Limit only. Stop $181 · sell $206–217. |
| JPM Limit order |
JPMorgan — the fortress balance sheet | $358.64 · buy ≤ 50-day zone $349.78 (+2.5% above) | Watch at $350. Limit only. Stop $318 · sell $371–378. |
| EOG Limit order |
EOG Resources — best-in-class shale returns | $145.19 · buy ≤ 50-day zone $141.53 (+2.6% above) | Watch at $142. Limit only. Stop $129 · sell $146–154. |
| WFC Limit order |
Wells Fargo — post-asset-cap growth case | $89.97 · buy ≤ 50-day zone $86.65 (+3.8% above) | Watch at $87. Limit only. Stop $85 · sell $93–98. |
| SCHW Limit order |
Charles Schwab — cash sorting done; NII rebuild | $109.29 · buy ≤ 50-day zone $105.07 (+4.0% above) | Watch at $105. Limit only. Stop $97 · sell $114–117. |
| XOM Limit order |
Exxon Mobil — integrated scale + Guyana growth | $159.47 · buy ≤ 50-day zone $152.96 (+4.3% above) | Watch at $153. Limit only. Stop $145 · sell $168–176. |
| KKR Limit order |
KKR — alt-asset compounding despite rates | $107.73 · buy ≤ 50-day zone $102.59 (+5.0% above) | Watch at $103. Limit only. Stop $106 · sell $144–152. |
| ADBE Reclaim gate |
Adobe — AI anxiety fully priced; cash machine intact | $266.51 · needs to reclaim 200-day $267.93 (-0.5% below) | Watch for a reclaim close above $268. No buy yet. Stop $268 · sell $352–371 (informational). |
| UBER Reclaim gate |
Uber — platform FCF inflection; AV partnership hub | $75.76 · needs to reclaim 200-day $76.32 (-0.7% below) | Watch for a reclaim close above $76. No buy yet. Stop $76 · sell $97–102 (informational). |
| META Reclaim gate |
Meta — strongest Mag7 chart; AI ad engine | $616.77 · needs to reclaim 200-day $622.29 (-0.9% below) | Watch for a reclaim close above $622. No buy yet. Stop $622 · sell $751–791 (informational). |
| IREN Reclaim gate |
IREN — miner-to-AI-compute pivot | $44.68 · needs to reclaim 200-day $45.66 (-2.1% below) | Watch for a reclaim close above $46. No buy yet. Stop $46 · sell $73–77 (informational). |
| AVGO Reclaim gate |
Broadcom — custom AI silicon + software; expensive for a reason | $357.89 · needs to reclaim 200-day $369.83 (-3.2% below) | Watch for a reclaim close above $370. No buy yet. Stop $370 · sell $470–495 (informational). |
| CCJ Reclaim gate |
Cameco — Western uranium duopoly | $100.74 · needs to reclaim 200-day $105.37 (-4.4% below) | Watch for a reclaim close above $105. No buy yet. Stop $105 · sell $128–135 (informational). |
| CLS Reclaim gate |
Celestica — hyperscaler ODM compounder | $312.35 · needs to reclaim 200-day $328.06 (-4.8% below) | Watch for a reclaim close above $328. No buy yet. Stop $328 · sell $450–474 (informational). |
| NOK At zone · downswing |
Nokia — networks + patents; deep value on AI backhaul | $10.03 vs 50-day zone $10.53 (-4.8%) | Watch — zone holds, slope is down. No new buys. Stop $10 · sell $17–17 (informational). |
| LRCX At zone · downswing |
Lam Research — etch & deposition leader; memory-capex proxy | $307.65 vs 50-day zone $321.88 (-4.4%) | Watch — zone holds, slope is down. No new buys. Stop $261 · sell $417–438 (informational). |
| AMD At zone · downswing |
AMD — Zen 6 + Helios racks; the credible #2 in accelerators | $477.57 vs 50-day zone $499.27 (-4.3%) | Watch — zone holds, slope is down. No new buys. Stop $341 · sell $555–585 (informational). |
| PWR At zone · downswing |
Quanta Services — grid-buildout backlog machine | $624.41 vs 50-day zone $652.18 (-4.3%) | Watch — zone holds, slope is down. No new buys. Stop $588 · sell $749–789 (informational). |
| GOOGL At zone · downswing |
Alphabet — search + Gemini + TPUs; still the cheapest megacap | $338.46 vs 50-day zone $348.57 (-2.9%) | Watch — zone holds, slope is down. No new buys. Stop $336 · sell $388–409 (informational). |
| ASML At zone · downswing |
ASML — litho monopoly; the toll booth of Moore's Law | $1,715 vs 50-day zone $1,751 (-2.1%) | Watch — zone holds, slope is down. No new buys. Stop $1,481 · sell $1,900–2,000 (informational). |
| ETN At zone · downswing |
Eaton — electrification of everything | $410.85 vs 50-day zone $415.32 (-1.1%) | Watch — zone holds, slope is down. No new buys. Stop $381 · sell $454–478 (informational). |
| VRT At zone · downswing |
Vertiv — cooling + power gear for AI datacenters | $280.53 vs 50-day zone $282.70 (-0.8%) | Watch — zone holds, slope is down. No new buys. Stop $257 · sell $361–380 (informational). |
| GS At zone · downswing |
Goldman Sachs — capital-markets thaw + rates desk | $1,039 vs 50-day zone $1,044 (-0.5%) | Watch — zone holds, slope is down. No new buys. Stop $948 · sell $1,096–1,154 (informational). |
| MRVL At zone · downswing |
Marvell — custom silicon + optics for AI datacenters | $223.55 vs 50-day zone $220.67 (+1.3%) | Watch — zone holds, slope is down. No new buys. Stop $152 · sell $313–330 (informational). |
| AMAT Broke zone |
Applied Materials — broadest chip-equipment franchise | $454.71 vs 50-day zone $533.72 (-14.8%) | Do nothing — wait for repair. Stop $407 · sell $703–740 (informational). |
| DDOG Broke zone |
Datadog — observability + AI monitoring | $212.93 vs 50-day zone $249.23 (-14.6%) | Do nothing — wait for repair. Stop $176 · sell $278–293 (informational). |
| COHR Broke zone |
Coherent — optics and transceivers for AI clusters | $281.86 vs 50-day zone $307.12 (-8.2%) | Do nothing — wait for repair. Stop $276 · sell $418–440 (informational). |
| GEV Broke zone |
GE Vernova — gas turbines sold out for years | $941.95 vs 50-day zone $1,015 (-7.2%) | Do nothing — wait for repair. Stop $886 · sell $1,136–1,196 (informational). |
IonQ's premarket pop ahead of today's Investor Day. It's a real, loud move on reported institutional buying and event-day optimism — but IonQ isn't in the Alpha 100, the driver is a single-company calendar event, and it carries no read-through for the book's positioning.