Weekly Trade Plan 08/03/2026 - Are we so back or is this a dead cat bounce?
I'll discuss the macro and 6 incredible swing plays for the week.
Past week was incredibly successful Alhamdulillah! I correctly called the QQQ and SPY crash and the support levels to the dollar. Then, we nailed the bottom for MU and SNDK and rode them 25% to the top. We then nailed the top and sold there, Alhamdulillah, and then positioned for this coming week on Friday.
Here are the receipts -
Called the SPY drop to 730, and we saw SPY touch the exact level, to the dollar.
Monday morning in pre-market, when MU was in 940s, I told the group to sell it and that it would likely go to low 800s. That’s exactly what happened -
Then we caught the bottom on Wednesday -
We rode it up to the 900s, and sold the top on Friday.
We positioned for Monday on Friday already. Alhamdulillah!
For this week's plan, I’ll begin with the macro as usual. We’ll then look at the sectors that show strength, and talk about our swings for this week inshaAllah.
Let’s get right into it.