TRADEWATCH for Aug 06

Today's online market pulse with ranked tickers and actionable trade zones.

Online Pulse

Retail mood is cautious and selective. Strong earnings are being sold when guidance misses high expectations, while rate-hike talk keeps pressure on growth stocks.

SanDisk (SNDK) is the clearest rebound setup. Revenue and profit reached record levels, but a weaker forecast triggered a sharp drop. Watch for the selling to settle and buyers to return around the earnings gap.

Figma (FIG) delivered 48% revenue growth, raised full-year guidance, and reported strong customer adoption of its AI tools. The after-hours selloff creates a possible overreaction trade if the stock stabilizes and holds its early support.

AppLovin (APP) remains a growth-on-dip setup. Revenue rose 53%, margins stayed strong, and management said growth improved after a major advertising-model update launched after the quarter.

Wait through the opening volatility, then prioritize SNDK and APP only after both show clear price support and returning volume.