Noteworthy Points

1. AMD and SPCX Report Earnings After the Close on 8/4 (Tuesday)

Given that both ARM and INTC delivered earnings beats, AMD, as the leading competitor in the same space, is unlikely to post numbers inferior to those two. Furthermore, AMD's post-earnings price movement will likely have a knock-on effect on ARM and INTC (sector-linked co-movement).

2. SPCX: High Growth Potential, But Two Near-Term Wildcards

While SPCX possesses extremely high growth potential, two factors warrant attention:

  • On 8/6 (two trading days after earnings), $116 billion in locked-up shares will become eligible for sale — the potential selling pressure should not be overlooked;

  • On 8/3, Elon Musk echoed a follower's view on X that "this is a once-in-a-lifetime buying opportunity" — a bullish sentiment signal.

These two factors represent one bearish and one bullish force, heightening the directional battle.

3. Nonfarm Payrolls Data Released on 8/7

The monthly nonfarm payrolls report is a major macro variable that could influence Fed rate-cut/hike expectations, thereby driving volatility across the broader market and individual tickers.

⚠️ Educational sharing, not investment advice.

# Navigating Market Pullbacks with Options

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  • glitzy
    ·00:52
    NFP is still the real driver here. AMD can beat and SPY still gets smacked if the payroll print comes in hot
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  • I loaded more SOXL into this setup 😈 if AMD just doesn’t whiff, SOXL can rip back to the highs no?
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