Month: July 2026

Upside:

-WDFC +16% (earnings, guidance)

-EQPT +12% (raises guidance and announces buyback program)

-CRCL +11% (receives OCC approval to establish First National Digital Currency Bank)

-CCC +9.5% (considering sale and hires Morgan Stanley as advisor)

-PERF +9.2% (enters going-private merger agreement at $2.00/shr cash)

-SEI +4.8% (to replace CPRX in the S&P SmallCap 600 Index)

-TWLO +2.6% (Stifel Nicolaus Raised TWLO to Buy from Hold, price target: $260)

-UUUU +2.5% (insider buys)

Downside:

-SILO -20% (prices private placement of 620.0K shares at $6.452/shr with warrants)

-FRMI -13% (prices upsized $375M 5.00% convertible senior notes due 2031)

-BKD -5.6% (reports June operating metrics including occupancy)

-SXT -3.7% (Holder reportedly said to be offering 2.05M shares at $114-116/share worth $237.7M in block trade)

Positions: None.

* With head cheerleader Drawdown Josh Brown, Fin TV, emboldened by relative and absolute price action, are now universally bullish on Apple (see my comments below) 

* One I agree with… (we shorted APPL in the premarket at $315)

From Felix Wang (the analytical obstetrician and mortician on Apple!) at Hedgeye:

Felix Wang called the iPhone super cycle when no one else would. $AAPL is up +18.8% since he went long in Oct. 2025.

Now he's flipping from Long to Short.

The super cycle he called is breaking, and he sees -23% downside from here.

See why👇

— Hedgeye (@Hedgeye) July 9, 2026

My comments from three days ago:

Apple… Sis Boom Huh?

https://pro.thestreet.com/dougs-daily-diary/2026-07-08#apple-sis-boom-huh-1783509301

Positions: Short AAPL VS

Positions: None

From The Stock Trader’s Almanac:

NASDAQ’s annual “Christmas in July” Midyear Rally, defined as the last three trading days of June through the first nine trading days of July, is nearing its conclusion, and 2026 has largely followed the script. After a powerful advance into late June, the rally did pause as traders locked in gains, digested fresh economic data and reacted to the latest headlines. As of today’s close, July 9, NASDAQ has advanced 3.35% with three trading days to go.

While the final outcome remains to be seen, the recent consolidation is not unusual and fits the historical tendency for the rally to experience brief interruptions before a final push. Since 1985, this 12-trading-day seasonal window has produced an average gain of 2.5% and finished higher in roughly four out of every five years, making it one of NASDAQ’s most consistent seasonal patterns. Whether the rally can finish with another burst higher or begins to fade into the typical second-half summer lull will likely set the tone for the balance of July.

NASDAQ Seasonal MACD Update

NASDAQ’s Seasonal MACD indicator entered June in negative territory and remained there until today. As of today’s close, it is positive. Currently NASDAQ would need to decline at least 342.20 points (–1.31%) in a single day to turn its MACD (12-26-9) negative. Continue to hold associated positions in QQQ and IWM.

When NASDAQ’s Seasonal Sell signal criteria are satisfied, we will send an email to all members. As a reminder, we use daily closing prices to calculate MACD. Any intraday signal does not apply. At that time, we will finish repositioning the Portfolios for the “Worst Months” and anticipate adding to some or possibly all of the existing bond ETFs and cash holdings in the Tactical Seasonal Switching Strategy portfolio.

Position: Short QQQ (VS)

Jimothy! No! https://t.co/lIYE4hwOpM pic.twitter.com/1txz4gEekz

— Ed Zitron (@edzitron) July 10, 2026

Position: None