Aug. 12 brings another catalyst-heavy session, with $CSCO leading the earnings board after hours.
$CSCO reports with a $483B market cap and a consensus EPS estimate of $0.99, making it the largest company on the slate.
After hours also features $COHR, $CBRS, $PAAS, and $SUZ. Before the open, attention shifts to $NBIS, $AMCR, $PFGC, $TRMB, and $EAT.
The macro calendar is the key early catalyst, with Core CPI m/m, Core CPI y/y, CPI m/m, and CPI y/y all scheduled for 08:30.
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Momentum remained elevated on Aug. 11, with several names pressing the upper Bollinger Band.
$LIME led the group with a 53.0% gain, while $CACI, $PI, $BSP, and $NSIT also showed strong price expansion. $PLTR stood out with a 27.6% gain on 76.2M shares as volume increased 152.2%.
The more persistent trend signal came from names holding an overall uptrend for more than 14 days.
$RACC led with a 125.3% gain, while $GDXU, $AXTI, $JNUG, and $NUGT showed notable activity, highlighting sustained strength across several metals-linked names.
Touching the upper Bollinger Band signals strong momentum, while a multiweek uptrend adds persistence to the setup.
Bought sweep activity stayed concentrated in major technology names on Aug. 11, with $TSLA leading the tape at 4.9K trades over the last two days.
$PLTR followed at 3.3K, with sweep buying increasing 175.12%, making it one of the clearest shifts in positioning on the screen.
The strongest acceleration came from $ASTS at 220.44%, while $ORCL and $IBIT increased 150.48% and 104.61%. $AMZN, $META, $INTC, $GLD, and $SKHY also registered notable activity.
$PLTR and $ASTS stand out for accelerating activity, keeping both firmly on the radar.
Options flow on Aug. 11 was dominated by semiconductor positioning, with $ASML and $SNDK generating the largest premium trades.
$ASML printed $16M and $12M call split sales through two leg blocks, while $SNDK led the board with a $17M call split sale and added repeated call sweeps across several strikes.
The semiconductor theme extended into $TSM, $AMD, $INTC, and $MU, with both call and put activity appearing across the tape. Outside the group, $FSLR, $BRKB, $DELL, $META, and $NOW also registered notable activity.
With split and multi leg structures prominent, premium size is more informative than assuming outright direction.