SPCX to expire

Outlook 08/06: Stock futures unchanged as traders monitor negotiations to reopen Strait of Hormuz. Meanwhile, the first lockup of SpaceX shares is set to expire, with over 900 million shares poised to be released into the market. The staggered approach gives early investors their first opportunity to sell, which could weigh on the share price. A total of 911,500,000 shares of SpaceX, $SPCX, held by employees and early investors.That's ~43% more than the 638,900,000 shares issued at IPO. SpaceX's free float is set to increase from 4.9% to 11.8% of outstanding shares.

ESU26 (Sep2026): YVAH 7795 YPOC 7768 YVAL 7746 GAP 7760

/ES Plan: Yesterday market closed bearish (PBT 7717), but overnight looks balanced, moving within value/range, so these're the opening and initial balance options for current session:

A) If market remains above YVAL 7746 with bullish internal/delta, buy towards GAP-ONH-YPOC 7770 magnets and YVAH 7795.

B) If market moves below YVAL 7746 with bearish internal/delta, sell towards PBT 7717 magnet HVE 7650 and GAP 7632 magnet.

Note: Market opens inside value. Don't be 'too anxious'. Stay patient. You don’t have to be the first. Bad trades occur when you force setups.

Market Movers

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