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Don't Miss This Market Shift: Rate Cuts Coming Soon?

Aug 8, 2026

The creator discusses market takeaways, noting that while the NASDAQ ended the week in the green, chip stocks like Micron and Western Digital were negatively impacted by South Korean market trends. He also recaps his trading activity in Micron and Palantir, highlighting position size management. A significant market shift occurred due to weak US job data, reducing the likelihood of a Fed rate hike and causing a market gap up, contrary to earlier concerns about rising inflation and oil prices.

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Tickers discussed in this post

PLTRNeutralMedium ConvictionSignal-backedSecondary

The creator details his trading activity in Palantir, managing a small loss by scalping and covering shorts, focusing on position size management.

WDCNeutralLow ConvictionResearch Only

Western Digital experienced a significant gap down after reporting earnings, impacting chip stocks.

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