> ## Content Index > Fetch the complete content index at: https://aitrading67.com/llms.txt > Use this file to discover other available public pages before exploring further. # Technical analysis: US jobs data flips 28 weekly signals to sell, Volkswagen stock jumps on restructuring plan - URL: https://aitrading67.com/en/technical-analysis-volkswagen-sandisk-tesla-nvidia-stocks/ - Published: 2026-09-07T08:00:00.000Z - Updated: 2026-09-11T04:10:10.000Z - Description: US jobs data flips 28 weekly signals to sell and 21 to buy. Volkswagen stock jumps 6.47% on its restructuring plan, Sandisk stock gains 11.90% on the memory cycle, Tesla stock drops 5.92% on a flat event and a fresh probe. Thirteen Brazilian names turn to buy in a single week. - Author: Fabio Gentili - Tags: Daily technical analysis of the US and Europe stocks market, lang-en, #news, #titolo-nel-corpo Economic Observatory · The session # Technical analysis: US jobs data flips 28 weekly signals to sell, Volkswagen stock jumps on restructuring plan 4 September 2026 AiTrading67 · Trade Desk Observatory Markets The 4 September session turned on a single number and on the counter-intuitive way the market read it. US payrolls grew by **162,000** against roughly 53,000 expected, and rather than celebrating a resilient economy traders repriced the odds of a rate **hike** at the 16 September meeting, which climbed towards 58%. Yields up, equities down: [SPY](https://aitrading67.com/en/sp-500-etf-signals/), the S&P 500 ETF, shed **0.39%** with only **30.75%** of the tape on the buy side, while [QQQ](https://aitrading67.com/en/nasdaq-100-etf-signals/), the Nasdaq 100 ETF, held on to a 0.18% gain. The Milan market lost 0.24%. Friday's close also closed the weekly candle, and that is where the real news sits: **28 stocks** in our universe moved from buy to sell and **21** travelled the other way. In the cards below you will find the technical analysis of the names that drove the day — [Volkswagen](https://aitrading67.com/en/volkswagen-ag-pref-stock-signals/) stock up **6.47%** on its restructuring plan, [Sandisk](https://aitrading67.com/en/sandisk-stock-signals/) up **11.90%** and [Astera Labs](https://aitrading67.com/en/astera-labs-stock-signals/) up 9.75% on the memory cycle, [Tesla](https://aitrading67.com/en/tesla-stock-signals/) down **5.92%** between a flat event and a fresh probe, [Apple](https://aitrading67.com/en/apple-stock-signals/) down 2.51% on the eve of its own launch, [Eni](https://aitrading67.com/en/eni-stock-signals/) stock last in Milan at minus **3.29%** and [Prysmian](https://aitrading67.com/en/prysmian-stock-signals/) at the top — and for each of them where our model stands, long or short, with the date the signal fired. The news that moved our instruments On this page 1. [Jobs data flips 28 signals](#sez-1-lavoro) 2. [Inside technology: memory up, software down](#sez-2-chip) 3. [Tesla, Apple and Nvidia](#sez-3-megacap) 4. [Milan market: Eni last, banks soft](#sez-4-italia) 5. [Europe: the Volkswagen plan](#sez-5-europa) 6. [Brazil: thirteen signals in one week](#sez-6-brasile) 7. [European indices: Milan below its level](#sez-7-indici-eu) 8. [The ETFs that moved the session](#sez-8-etf) 9. [The week's signals: a new cohort](#sez-9-segnali) 10. [This week's earnings](#sez-10-trimestrali) 11. [Technical analysis of SPY and QQQ](#sez-11-spy-qqq) 🌎 GLOBAL The week's turning point ## Technical analysis of the session: jobs data flips 28 weekly signals The US employment report caught the consensus badly wrong: **162,000** new jobs against 53,000 expected, unemployment steady at 4.1%, average hourly earnings up 3.1% year on year. In a market that had spent months betting on easing, a number that strong produced the opposite of what instinct suggests: the odds of a rate **hike** on 16 September climbed back towards 58% from 49% the day before, and the US ten-year yield moved close to 4.8%. Across our universe the reaction reads better in the signals than in the indices. [SPY](https://aitrading67.com/en/sp-500-etf-signals/) lost **0.39%** with buy-side volume at **30.75%**, less than a third of the tape; [QQQ](https://aitrading67.com/en/nasdaq-100-etf-signals/) held a **0.18%** gain because technology makes up half of that basket and rose 0.70%, while financials, worth 0.24% there against 12.59% on the S&P 500, gave up 0.79%. The small-cap basket, [IWM](https://aitrading67.com/en/russell-2000-etf-signals/), gained 0.28% on the day yet **turned to sell** on the weekly close. **How I read it**Friday's close did what no single session can: it flipped **28 stocks** from buy to sell and **21** the other way, taking the count of names on the sell side from 170 to **177 out of 424**. What the two groups contain describes a precise rotation. Out go defence and aerospace — [Lockheed Martin](https://aitrading67.com/en/lockheed-martin-stock-signals/), [Northrop Grumman](https://aitrading67.com/en/northrop-grumman-stock-signals/), [Raytheon](https://aitrading67.com/en/rtx-stock-signals/), [Safran](https://aitrading67.com/en/safran-stock-signals/), [Avio](https://aitrading67.com/en/avio-stock-signals/) — along with US software through [Autodesk](https://aitrading67.com/en/autodesk-stock-signals/), plus [Goldman Sachs](https://aitrading67.com/en/goldman-sachs-stock-signals/) and [Home Depot](https://aitrading67.com/en/home-depot-stock-signals/). In come Brazil with thirteen names and German carmakers with three. For **risk management** the practical consequence is that the backdrop stays open while breadth narrows: market participation has fallen **18%** in a week and 26% over the month, and has been declining for three weeks. A rally standing on fewer and fewer legs is not one to chase; it is one where you pick the name. [S&P 500](https://aitrading67.com/en/sp-500-etf-signals/) **long** ([G](https://aitrading67.com/spy-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/sp-500-etf-signals/ "Full analysis (Platinum)")) · [Invesco QQQ Trust](https://aitrading67.com/en/nasdaq-100-etf-signals/) **long** ([G](https://aitrading67.com/qqq-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/nasdaq-100-etf-signals/ "Full analysis (Platinum)")) · [Russell 2000 ETF](https://aitrading67.com/en/russell-2000-etf-signals/) **short** ([G](https://aitrading67.com/iwm-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/russell-2000-etf-signals/ "Full analysis (Platinum)")) · [FTSE MIB ETF](https://aitrading67.com/en/ftse-mib-etf-signals/) **long** ([G](https://aitrading67.com/mib-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/ftse-mib-etf-signals/ "Full analysis (Platinum)")) · [Lockheed Martin](https://aitrading67.com/en/lockheed-martin-stock-signals/) **short** ([G](https://aitrading67.com/lmt-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/lockheed-martin-stock-signals/ "Full analysis (Platinum)")) · [Northrop Grumman](https://aitrading67.com/en/northrop-grumman-stock-signals/) **short** ([G](https://aitrading67.com/noc-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/northrop-grumman-stock-signals/ "Full analysis (Platinum)")) · [RTX](https://aitrading67.com/en/rtx-stock-signals/) **short** ([G](https://aitrading67.com/rtx-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/rtx-stock-signals/ "Full analysis (Platinum)")) · [Safran](https://aitrading67.com/en/safran-stock-signals/) **short** ([G](https://aitrading67.com/saf-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/safran-stock-signals/ "Full analysis (Platinum)")) · [Goldman Sachs](https://aitrading67.com/en/goldman-sachs-stock-signals/) **short** ([G](https://aitrading67.com/gs-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/goldman-sachs-stock-signals/ "Full analysis (Platinum)")) · [Home Depot](https://aitrading67.com/en/home-depot-stock-signals/) **short** ([G](https://aitrading67.com/hd-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/home-depot-stock-signals/ "Full analysis (Platinum)")) · [Autodesk](https://aitrading67.com/en/autodesk-stock-signals/) **short** ([G](https://aitrading67.com/adsk-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/autodesk-stock-signals/ "Full analysis (Platinum)")) [\*](#nota-sistema "Our system") [↑ back to menu](#toc) 📊 UNITED STATES Inside technology ## Technical analysis of semiconductor stocks: money leaves software and moves into memory The most interesting split of the day was not between sectors but **inside** one. Memory and semiconductors ran hard: [Sandisk](https://aitrading67.com/en/sandisk-stock-signals/) up **11.90%**, [Astera Labs](https://aitrading67.com/en/astera-labs-stock-signals/) up **9.75%**, [Nebius](https://aitrading67.com/en/nebius-stock-signals/) up 7.48%, [IREN](https://aitrading67.com/en/iren-stock-signals/) up 7.27%, [Marvell](https://aitrading67.com/en/marvell-technology-stock-signals/) up 7.05%, [Micron](https://aitrading67.com/en/micron-technology-stock-signals/) up 6.10%, [Western Digital](https://aitrading67.com/en/western-digital-stock-signals/) up 5.86%, [CoreWeave](https://aitrading67.com/en/coreweave-stock-signals/) up 5.68%, [AMD](https://aitrading67.com/en/advanced-micro-devices-stock-signals/) up **4.69%**, [Super Micro](https://aitrading67.com/en/super-micro-computer-stock-signals/) up 4.54% and [Intel](https://aitrading67.com/en/intel-stock-signals/) up 4.51%. In the same sector, software fell: [Autodesk](https://aitrading67.com/en/autodesk-stock-signals/) down **8.26%**, [Adobe](https://aitrading67.com/en/adobe-stock-signals/) down **6.73%**, [Dassault Systèmes](https://aitrading67.com/en/dassault-systemes-stock-signals/) down 6.49% and [Netflix](https://aitrading67.com/en/netflix-stock-signals/) down 5.35%. Four of those rank among the six widest moves in our whole universe relative to each name's typical swing, and all four are declines. The explanation is the same one driving yields: long-duration software valuations pay first when the cost of money rises, while the memory cycle runs on an engine of its own that has nothing to do with the central bank. **How I read it**Our model landed on the right side of the two names that matter most here. On [Autodesk](https://aitrading67.com/en/autodesk-stock-signals/) the weekly signal **turned to sell** on Friday's close, the very day the stock dropped 8.26%; on [Marvell](https://aitrading67.com/en/marvell-technology-stock-signals/) we have been long since 17 August and the position has just added another 7.05%; on [Super Micro Computer](https://aitrading67.com/en/super-micro-computer-stock-signals/), [CoreWeave](https://aitrading67.com/en/coreweave-stock-signals/) and [Nebius](https://aitrading67.com/en/nebius-stock-signals/) we have been long since 10 August. There is one line that matters for anyone reading this to trade, though. On [Sandisk](https://aitrading67.com/en/sandisk-stock-signals/) the buy signal was born on Friday, but the price already sits **12.10%** above its own exit level, and on [Nebius](https://aitrading67.com/en/nebius-stock-signals/) 11.12%. At those distances a stop stops being a tool and becomes a formality: for **swing trading** these names are bought on a pullback towards the level, not on the candle of enthusiasm. On [AMD](https://aitrading67.com/en/advanced-micro-devices-stock-signals/) the weekly turned to sell on the same day the stock rose 4.69% and led its sector higher — a divergence I am flagging rather than hiding, and one the next few sessions will settle. [Sandisk](https://aitrading67.com/en/sandisk-stock-signals/) **long** ([G](https://aitrading67.com/sndk-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/sandisk-stock-signals/ "Full analysis (Platinum)")) · [Astera Labs](https://aitrading67.com/en/astera-labs-stock-signals/) **short** ([G](https://aitrading67.com/alab-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/astera-labs-stock-signals/ "Full analysis (Platinum)")) · [Nebius](https://aitrading67.com/en/nebius-stock-signals/) **long** ([G](https://aitrading67.com/nbis-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/nebius-stock-signals/ "Full analysis (Platinum)")) · [IREN](https://aitrading67.com/en/iren-stock-signals/) **short** ([G](https://aitrading67.com/iren-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/iren-stock-signals/ "Full analysis (Platinum)")) · [Marvell Technology](https://aitrading67.com/en/marvell-technology-stock-signals/) **long** ([G](https://aitrading67.com/mrvl-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/marvell-technology-stock-signals/ "Full analysis (Platinum)")) · [Micron Technology](https://aitrading67.com/en/micron-technology-stock-signals/) **short** ([G](https://aitrading67.com/mu-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/micron-technology-stock-signals/ "Full analysis (Platinum)")) · [Western Digital](https://aitrading67.com/en/western-digital-stock-signals/) **short** ([G](https://aitrading67.com/wdc-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/western-digital-stock-signals/ "Full analysis (Platinum)")) · [CoreWeave](https://aitrading67.com/en/coreweave-stock-signals/) **long** ([G](https://aitrading67.com/crwv-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/coreweave-stock-signals/ "Full analysis (Platinum)")) · [Advanced Micro Devices](https://aitrading67.com/en/advanced-micro-devices-stock-signals/) **short** ([G](https://aitrading67.com/amd-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/advanced-micro-devices-stock-signals/ "Full analysis (Platinum)")) · [Super Micro Computer](https://aitrading67.com/en/super-micro-computer-stock-signals/) **long** ([G](https://aitrading67.com/smci-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/super-micro-computer-stock-signals/ "Full analysis (Platinum)")) · [Intel](https://aitrading67.com/en/intel-stock-signals/) **short** ([G](https://aitrading67.com/intc-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/intel-stock-signals/ "Full analysis (Platinum)")) · [Autodesk](https://aitrading67.com/en/autodesk-stock-signals/) **short** ([G](https://aitrading67.com/adsk-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/autodesk-stock-signals/ "Full analysis (Platinum)")) · [Adobe](https://aitrading67.com/en/adobe-stock-signals/) **long** ([G](https://aitrading67.com/adbe-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/adobe-stock-signals/ "Full analysis (Platinum)")) · [Netflix](https://aitrading67.com/en/netflix-stock-signals/) **long** ([G](https://aitrading67.com/nflx-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/netflix-stock-signals/ "Full analysis (Platinum)")) [\*](#nota-sistema "Our system") [↑ back to menu](#toc) 📱 UNITED STATES The mega caps ## Technical analysis of Tesla, Apple and Nvidia stock: three corporate stories in one session [Tesla](https://aitrading67.com/en/tesla-stock-signals/) lost **5.92%**, the widest move among the mega caps, on two things at once: the Austin Cybercab event held behind closed doors, with no livestream and no appearance by the founder, and a probe opened by the US road safety regulator into how the vehicle was self-certified and why the company considers the ordinary safety standards inapplicable. [Apple](https://aitrading67.com/en/apple-stock-signals/) gave up **2.51%**, weighed down by reports of production problems and by the leadership transition, on the eve of its 9 September event. Against the grain, [Nvidia](https://aitrading67.com/en/nvidia-stock-signals/) added **0.84%** on the back of its **12.93 billion** dollar acquisition of Hugging Face, and Nvidia stocks were among the few large caps to close green. [Palantir](https://aitrading67.com/en/palantir-technologies-stock-signals/) stock, by contrast, closed down **4.49%** even after announcing an expanded strategic alliance with PwC US: the rally on that news had come the previous day, and Friday handed most of it back. [Alphabet](https://aitrading67.com/en/alphabet-stock-signals/) fell 1.17% and [ServiceNow](https://aitrading67.com/en/servicenow-stock-signals/) 2.97%. **How I read it**On [NVIDIA](https://aitrading67.com/en/nvidia-stock-signals/) our model has been long since 3 August, and on [Palantir Technologies](https://aitrading67.com/en/palantir-technologies-stock-signals/) since the same date: Friday's pullback does not touch either signal, whose exit levels sit far below. On [Apple](https://aitrading67.com/en/apple-stock-signals/) we are **short since 10 August** and the session worked in our favour; the same holds for [Alphabet](https://aitrading67.com/en/alphabet-stock-signals/), where the sell signal dates back to 8 June and weekly money flow keeps draining out. On [Tesla](https://aitrading67.com/en/tesla-stock-signals/), however, we are long since 17 August and the day went against us: when the flag on a name marks a corporate event — here an open investigation — the event outranks the chart, and the position deserves a close look at the next weekly close. For anyone following **ai trading** as a single theme, the lesson of the week is that demand is not in question; what is in question is the price the market will pay for it, which is precisely why money moved out of software and into hardware. [Tesla](https://aitrading67.com/en/tesla-stock-signals/) **long** ([G](https://aitrading67.com/tsla-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/tesla-stock-signals/ "Full analysis (Platinum)")) · [Apple](https://aitrading67.com/en/apple-stock-signals/) **short** ([G](https://aitrading67.com/aapl-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/apple-stock-signals/ "Full analysis (Platinum)")) · [NVIDIA](https://aitrading67.com/en/nvidia-stock-signals/) **long** ([G](https://aitrading67.com/nvda-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/nvidia-stock-signals/ "Full analysis (Platinum)")) · [Palantir Technologies](https://aitrading67.com/en/palantir-technologies-stock-signals/) **long** ([G](https://aitrading67.com/pltr-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/palantir-technologies-stock-signals/ "Full analysis (Platinum)")) · [Alphabet](https://aitrading67.com/en/alphabet-stock-signals/) **short** ([G](https://aitrading67.com/googl-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/alphabet-stock-signals/ "Full analysis (Platinum)")) · [ServiceNow](https://aitrading67.com/en/servicenow-stock-signals/) **long** ([G](https://aitrading67.com/now-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/servicenow-stock-signals/ "Full analysis (Platinum)")) [\*](#nota-sistema "Our system") [↑ back to menu](#toc) 🇮🇹 ITALY The Milan market ## Technical analysis of Italian stocks: Eni stock last on the board, banks soft as yields rise Milan lost **0.24%** on a day of rising yields, which for a bank-heavy market is the worst possible backdrop. The heaviest drag came from [Eni](https://aitrading67.com/en/eni-stock-signals/) stock at minus **3.29%**, a move that sits oddly against elevated crude and points to something specific to the name rather than macro. Behind it, [DiaSorin](https://aitrading67.com/en/diasorin-stock-signals/) fell 1.82%, [Brunello Cucinelli](https://aitrading67.com/en/brunello-cucinelli-stock-signals/) 1.70%, [MFE](https://aitrading67.com/en/mfe-mediaforeurope-stock-signals/) 1.43%, [Ferrari](https://aitrading67.com/en/ferrari-stock-signals/) stock 1.26% and [Saipem](https://aitrading67.com/en/saipem-stock-signals/) 1.25%. Banks gave ground in an orderly but broad way: [Banco BPM](https://aitrading67.com/en/banco-bpm-stock-signals/) stock down 1.20%, [UniCredit](https://aitrading67.com/en/unicredit-stock-signals/) stocks down 1.15%, [Intesa Sanpaolo](https://aitrading67.com/en/intesa-sanpaolo-stock-signals/) essentially flat at minus 0.03%. That is worth noting, because on the same day the European banking sector closed up 0.30%: the Italian names underperformed their own continental sector. At the top of the board, [Prysmian](https://aitrading67.com/en/prysmian-stock-signals/) stock rose **2.05%**, [STM](https://aitrading67.com/en/stmicroelectronics-stock-signals/) stock **1.85%** in the wake of European technology, [Stellantis](https://aitrading67.com/en/stellantis-milano-stock-signals/) stock **1.80%** with continental carmakers, and the utility block held up with [A2A](https://aitrading67.com/en/a2a-stock-signals/) up 1.72%, [Hera](https://aitrading67.com/en/hera-stock-signals/) up 1.58% and [Snam](https://aitrading67.com/en/snam-stock-signals/) up 1.07%. **How I read it**Italian banks remain the strongest part of our book: we have been **long since April** on [Intesa Sanpaolo](https://aitrading67.com/en/intesa-sanpaolo-stock-signals/), [UniCredit](https://aitrading67.com/en/unicredit-stock-signals/) and [MPS](https://aitrading67.com/en/monte-dei-paschi-stock-signals/), and one soft session does not dent positions that are twenty weeks old. The change worth flagging is [Banco BPM](https://aitrading67.com/en/banco-bpm-stock-signals/): on Friday's close the weekly signal **turned to sell**, after appearing and retreating on three consecutive days — now it is settled. [Brunello Cucinelli](https://aitrading67.com/en/brunello-cucinelli-stock-signals/) turned to sell on the same close, and the session immediately proved the point with that 1.70% drop. On the short side [Stellantis](https://aitrading67.com/en/stellantis-milano-stock-signals/) has been working since 8 June and [STM](https://aitrading67.com/en/stmicroelectronics-stock-signals/) since 13 July; both rose on Friday, and I say so because positions running against the day's move get declared. The week's genuine novelty, though, is [Iveco](https://aitrading67.com/en/iveco-stock-signals/), which **turned to buy** on Friday's close and that same day traded **four times** its median volume with 83.3% of it on the buy side while the price barely moved, up 0.29%. High volume, one-sided tape and a flat price is the signature of someone building a position without pushing it. [Eni](https://aitrading67.com/en/eni-stock-signals/) **long** ([G](https://aitrading67.com/eni-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/eni-stock-signals/ "Full analysis (Platinum)")) · [DiaSorin](https://aitrading67.com/en/diasorin-stock-signals/) **long** ([G](https://aitrading67.com/dia-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/diasorin-stock-signals/ "Full analysis (Platinum)")) · [Brunello Cucinelli](https://aitrading67.com/en/brunello-cucinelli-stock-signals/) **short** ([G](https://aitrading67.com/bc-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/brunello-cucinelli-stock-signals/ "Full analysis (Platinum)")) · [MFE-MediaForEurope](https://aitrading67.com/en/mfe-mediaforeurope-stock-signals/) **short** ([G](https://aitrading67.com/mfea-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/mfe-mediaforeurope-stock-signals/ "Full analysis (Platinum)")) · [Ferrari](https://aitrading67.com/en/ferrari-stock-signals/) **long** ([G](https://aitrading67.com/race-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/ferrari-stock-signals/ "Full analysis (Platinum)")) · [Saipem](https://aitrading67.com/en/saipem-stock-signals/) **short** ([G](https://aitrading67.com/spm-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/saipem-stock-signals/ "Full analysis (Platinum)")) · [Banco BPM](https://aitrading67.com/en/banco-bpm-stock-signals/) **short** ([G](https://aitrading67.com/bami-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/banco-bpm-stock-signals/ "Full analysis (Platinum)")) · [UniCredit](https://aitrading67.com/en/unicredit-stock-signals/) **long** ([G](https://aitrading67.com/ucg-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/unicredit-stock-signals/ "Full analysis (Platinum)")) · [Intesa Sanpaolo](https://aitrading67.com/en/intesa-sanpaolo-stock-signals/) **long** ([G](https://aitrading67.com/isp-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/intesa-sanpaolo-stock-signals/ "Full analysis (Platinum)")) · [Monte dei Paschi](https://aitrading67.com/en/monte-dei-paschi-stock-signals/) **long** ([G](https://aitrading67.com/bmps-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/monte-dei-paschi-stock-signals/ "Full analysis (Platinum)")) · [Prysmian](https://aitrading67.com/en/prysmian-stock-signals/) **short** ([G](https://aitrading67.com/pry-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/prysmian-stock-signals/ "Full analysis (Platinum)")) · [STMicroelectronics](https://aitrading67.com/en/stmicroelectronics-stock-signals/) **short** ([G](https://aitrading67.com/stmmi-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/stmicroelectronics-stock-signals/ "Full analysis (Platinum)")) · [Stellantis Milano](https://aitrading67.com/en/stellantis-milano-stock-signals/) **short** ([G](https://aitrading67.com/stlam-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/stellantis-milano-stock-signals/ "Full analysis (Platinum)")) · [A2A](https://aitrading67.com/en/a2a-stock-signals/) **long** ([G](https://aitrading67.com/a2a-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/a2a-stock-signals/ "Full analysis (Platinum)")) · [Hera](https://aitrading67.com/en/hera-stock-signals/) **short** ([G](https://aitrading67.com/her-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/hera-stock-signals/ "Full analysis (Platinum)")) · [Snam](https://aitrading67.com/en/snam-stock-signals/) **short** ([G](https://aitrading67.com/srg-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/snam-stock-signals/ "Full analysis (Platinum)")) · [Iveco](https://aitrading67.com/en/iveco-stock-signals/) **long** ([G](https://aitrading67.com/ivg-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/iveco-stock-signals/ "Full analysis (Platinum)")) · [Leonardo](https://aitrading67.com/en/leonardo-stock-signals/) **short** ([G](https://aitrading67.com/ldo-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/leonardo-stock-signals/ "Full analysis (Platinum)")) [\*](#nota-sistema "Our system") [↑ back to menu](#toc) 🇩🇪 EUROPE Germany, France, United Kingdom ## Technical analysis of European stocks: the Volkswagen plan and three signals that change side The continent's protagonist was [Volkswagen](https://aitrading67.com/en/volkswagen-ag-pref-stock-signals/), up **6.47%** after the board approved the largest restructuring plan in eighty-nine years, the sharpest single-day move Volkswagen stocks have posted this year. It is the widest move of the European session and one of the six outsized moves across our whole universe. Alongside it came the other two German names joining our cohort today: [BMW](https://aitrading67.com/en/bayerische-motoren-werke-stock-signals/) up 1.68% and [RWE](https://aitrading67.com/en/rwe-stock-signals/) up 0.72%. At the bottom of the German board, [Rheinmetall](https://aitrading67.com/en/rheinmetall-stock-signals/) fell **3.38%** and [Deutsche Telekom](https://aitrading67.com/en/deutsche-telekom-stock-signals/) 1.22%. In France [Dassault Systèmes](https://aitrading67.com/en/dassault-systemes-stock-signals/) lost **6.49%** in the broad software slide and [EssilorLuxottica](https://aitrading67.com/en/essilorluxottica-stock-signals/) 2.06%. In the United Kingdom [Prudential](https://aitrading67.com/en/prudential-stock-signals/) fell 1.54%. Broadly flat were [SAP](https://aitrading67.com/en/sap-stock-signals/) at plus 0.05%, [Deutsche Bank](https://aitrading67.com/en/deutsche-bank-stock-signals/) at plus 0.06%, [Siemens](https://aitrading67.com/en/siemens-stock-signals/) at plus 0.76% and [Siemens Energy](https://aitrading67.com/en/siemens-energy-stock-signals/) at plus 0.77%. **How I read it**Our best European trade remains [Deutsche Bank](https://aitrading67.com/en/deutsche-bank-stock-signals/), long since 13 April, with [Siemens](https://aitrading67.com/en/siemens-stock-signals/) alongside it from the same date. Friday's close brings three pieces of news that bear directly on this card. First, [Volkswagen](https://aitrading67.com/en/volkswagen-ag-pref-stock-signals/), [BMW](https://aitrading67.com/en/bayerische-motoren-werke-stock-signals/) and [RWE](https://aitrading67.com/en/rwe-stock-signals/) all **turned to buy**, and with European carmakers leading the continent's sectors the theme has a coherence you rarely get across three names at once. Second, [Safran](https://aitrading67.com/en/safran-stock-signals/) **turned to sell** along with the entire defence block, which is the week's broadest rotation. Third, [Rheinmetall](https://aitrading67.com/en/rheinmetall-stock-signals/): we are long since 3 August and the stock fell 3.38% on Friday, so the position is under pressure while European defence turns around it. Where our model sits on the wrong side of the move I say so: on [Dassault Systèmes](https://aitrading67.com/en/dassault-systemes-stock-signals/) we are long since 20 July and the stock shed 6.49% in the software slide. For **risk management** the broader reading is that Europe currently has a more legible direction than the United States: carmakers pull, defence turns, software follows New York. [Volkswagen AG Pref](https://aitrading67.com/en/volkswagen-ag-pref-stock-signals/) **long** ([G](https://aitrading67.com/vow3-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/volkswagen-ag-pref-stock-signals/ "Full analysis (Platinum)")) · [Bayerische Motoren Werke](https://aitrading67.com/en/bayerische-motoren-werke-stock-signals/) **long** ([G](https://aitrading67.com/bmw-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/bayerische-motoren-werke-stock-signals/ "Full analysis (Platinum)")) · [RWE](https://aitrading67.com/en/rwe-stock-signals/) **long** ([G](https://aitrading67.com/rwe-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/rwe-stock-signals/ "Full analysis (Platinum)")) · [Rheinmetall](https://aitrading67.com/en/rheinmetall-stock-signals/) **long** ([G](https://aitrading67.com/rhm-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/rheinmetall-stock-signals/ "Full analysis (Platinum)")) · [Deutsche Telekom](https://aitrading67.com/en/deutsche-telekom-stock-signals/) **long** ([G](https://aitrading67.com/dte-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/deutsche-telekom-stock-signals/ "Full analysis (Platinum)")) · [Dassault Systemes](https://aitrading67.com/en/dassault-systemes-stock-signals/) **long** ([G](https://aitrading67.com/dsy-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/dassault-systemes-stock-signals/ "Full analysis (Platinum)")) · [EssilorLuxottica](https://aitrading67.com/en/essilorluxottica-stock-signals/) **short** ([G](https://aitrading67.com/el-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/essilorluxottica-stock-signals/ "Full analysis (Platinum)")) · [Prudential](https://aitrading67.com/en/prudential-stock-signals/) **short** ([G](https://aitrading67.com/pru-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/prudential-stock-signals/ "Full analysis (Platinum)")) · [SAP](https://aitrading67.com/en/sap-stock-signals/) **long** ([G](https://aitrading67.com/sap-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/sap-stock-signals/ "Full analysis (Platinum)")) · [Deutsche Bank](https://aitrading67.com/en/deutsche-bank-stock-signals/) **long** ([G](https://aitrading67.com/dbk-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/deutsche-bank-stock-signals/ "Full analysis (Platinum)")) · [Siemens](https://aitrading67.com/en/siemens-stock-signals/) **long** ([G](https://aitrading67.com/sie-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/siemens-stock-signals/ "Full analysis (Platinum)")) · [Siemens Energy](https://aitrading67.com/en/siemens-energy-stock-signals/) **short** ([G](https://aitrading67.com/enr-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/siemens-energy-stock-signals/ "Full analysis (Platinum)")) · [Safran](https://aitrading67.com/en/safran-stock-signals/) **short** ([G](https://aitrading67.com/saf-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/safran-stock-signals/ "Full analysis (Platinum)")) [\*](#nota-sistema "Our system") [↑ back to menu](#toc) 🇧🇷 BRAZIL Thirteen signals in one week ## Technical analysis of Brazilian stocks: banks, steel and utilities all turn together The oddest feature of the weekly close is not in New York: **thirteen of the twenty-one** new buy signals are Brazilian. Six are financials — [Banco do Brasil](https://aitrading67.com/en/banco-do-brasil-stock-signals/), [Bradesco](https://aitrading67.com/en/banco-bradesco-stock-signals/), [Itaú](https://aitrading67.com/en/itau-unibanco-stock-signals/), [Itausá](https://aitrading67.com/en/itausa-stock-signals/), [Bradespar](https://aitrading67.com/en/bradespar-stock-signals/), [BB Seguridade](https://aitrading67.com/en/bb-seguridade-participacoes-stock-signals/) — three are steel and mining through [Usiminas](https://aitrading67.com/en/usiminas-stock-signals/), [CSN](https://aitrading67.com/en/companhia-siderurgica-nacional-stock-signals/) and [Vale](https://aitrading67.com/en/vale-stock-signals/), two are utilities with [CPFL](https://aitrading67.com/en/cpfl-energia-stock-signals/) and [Cemig](https://aitrading67.com/en/cemig-stock-signals/), and [EcoRodovias](https://aitrading67.com/en/ecorodovias-stock-signals/) and [Hypera](https://aitrading67.com/en/hypera-stock-signals/) complete the picture. Friday's moves themselves were contained — [EcoRodovias](https://aitrading67.com/en/ecorodovias-stock-signals/) up **3.66%**, [Ultrapar](https://aitrading67.com/en/ultrapar-participacoes-stock-signals/) up 2.66%, [Hypera](https://aitrading67.com/en/hypera-stock-signals/) up 1.89%, [Itausá](https://aitrading67.com/en/itausa-stock-signals/) up 1.53% — but the weekly picture describes a defensive rotation after eleven straight sessions of gains on the local index: flows shifted out of the commodity heavyweights and into banks and utilities. **How I read it**One thing needs saying before the list, and it is more useful than the list itself: **thirteen signals born on the same day in the same market are not thirteen decisions**. Six banks and three steelmakers are two bets, perhaps three, repeated many times — and anyone taking five of them would not be diversifying, they would be buying the same risk five times and paying five commissions. The Signal Strength ranking puts [Usiminas](https://aitrading67.com/en/usiminas-stock-signals/) and [CSN](https://aitrading67.com/en/companhia-siderurgica-nacional-stock-signals/) out in front at 76 out of 100, but both carry high volatility: strong conviction with a wide move means an opportunity to be handled with discipline, never a safe signal. The financial group sits around 54 with ordinary volatility, and that is the most manageable profile in the cohort. If I had to name one, it would be [Vale](https://aitrading67.com/en/vale-stock-signals/), for liquidity and for direct exposure to the commodity cycle, which with crude up 17% and shipping rates up 17.4% over the month is the liveliest macro theme around. We were already long [Petrobras](https://aitrading67.com/en/petroleo-brasileiro-san-paolo-stock-signals/) and [Ultrapar](https://aitrading67.com/en/ultrapar-participacoes-stock-signals/) from July and June. [Banco do Brasil](https://aitrading67.com/en/banco-do-brasil-stock-signals/) **long** ([G](https://aitrading67.com/bbas3-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/banco-do-brasil-stock-signals/ "Full analysis (Platinum)")) · [Banco Bradesco](https://aitrading67.com/en/banco-bradesco-stock-signals/) **long** ([G](https://aitrading67.com/bbdc3-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/banco-bradesco-stock-signals/ "Full analysis (Platinum)")) · [Itau Unibanco](https://aitrading67.com/en/itau-unibanco-stock-signals/) **long** ([G](https://aitrading67.com/itub4-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/itau-unibanco-stock-signals/ "Full analysis (Platinum)")) · [Itausa](https://aitrading67.com/en/itausa-stock-signals/) **long** ([G](https://aitrading67.com/itsa4-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/itausa-stock-signals/ "Full analysis (Platinum)")) · [Bradespar](https://aitrading67.com/en/bradespar-stock-signals/) **long** ([G](https://aitrading67.com/brap4-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/bradespar-stock-signals/ "Full analysis (Platinum)")) · [BB Seguridade](https://aitrading67.com/en/bb-seguridade-participacoes-stock-signals/) **long** ([G](https://aitrading67.com/bbse3-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/bb-seguridade-participacoes-stock-signals/ "Full analysis (Platinum)")) · [Usiminas](https://aitrading67.com/en/usiminas-stock-signals/) **long** ([G](https://aitrading67.com/usim5-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/usiminas-stock-signals/ "Full analysis (Platinum)")) · [CSN](https://aitrading67.com/en/companhia-siderurgica-nacional-stock-signals/) **long** ([G](https://aitrading67.com/csna3-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/companhia-siderurgica-nacional-stock-signals/ "Full analysis (Platinum)")) · [Vale](https://aitrading67.com/en/vale-stock-signals/) **long** ([G](https://aitrading67.com/vale3-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/vale-stock-signals/ "Full analysis (Platinum)")) · [CPFL Energia](https://aitrading67.com/en/cpfl-energia-stock-signals/) **long** ([G](https://aitrading67.com/cpfe3-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/cpfl-energia-stock-signals/ "Full analysis (Platinum)")) · [Cemig](https://aitrading67.com/en/cemig-stock-signals/) **long** ([G](https://aitrading67.com/cmig4-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/cemig-stock-signals/ "Full analysis (Platinum)")) · [EcoRodovias](https://aitrading67.com/en/ecorodovias-stock-signals/) **long** ([G](https://aitrading67.com/ecor3-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/ecorodovias-stock-signals/ "Full analysis (Platinum)")) · [Hypera](https://aitrading67.com/en/hypera-stock-signals/) **long** ([G](https://aitrading67.com/hype3-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/hypera-stock-signals/ "Full analysis (Platinum)")) · [Petrobras San Paolo](https://aitrading67.com/en/petroleo-brasileiro-san-paolo-stock-signals/) **long** ([G](https://aitrading67.com/petr3-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/petroleo-brasileiro-san-paolo-stock-signals/ "Full analysis (Platinum)")) · [Ultrapar Participacoes](https://aitrading67.com/en/ultrapar-participacoes-stock-signals/) **long** ([G](https://aitrading67.com/ugpa3-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/ultrapar-participacoes-stock-signals/ "Full analysis (Platinum)")) [\*](#nota-sistema "Our system") [↑ back to menu](#toc) 🇪🇺 EUROPE The four exchanges ## Technical analysis of European indices: Milan has returned the most and is the only one below its level The four exchanges finished the week almost still: [DAX](https://aitrading67.com/en/dax-etf-signals/) up **0.13%**, [FTSE 100](https://aitrading67.com/en/ftse-100-etf-signals/) down 0.06%, [CAC 40](https://aitrading67.com/en/cac-40-etf-signals/) down 0.08%, [FTSE MIB](https://aitrading67.com/en/ftse-mib-etf-signals/) down **0.24%**. Our signals, however, separate them sharply. Three are on the buy side and one on the sell side. Milan has been a buy since 7 April, now in its **twenty-third week**, and the trade is worth **12.20%**, comfortably the best of the four; London since 7 April at 2.18%; Frankfurt since 13 April at 5.10%. Paris is the only sell, dating from 24 August, now in its second week. Measured from their own records, Frankfurt is 2.13% away, Milan 3.79%, Paris 5.66% and London 8.18%. **How I read it**Today's divergence is the sharpest this card has shown, and it concerns the basket that has returned the most. The [FTSE MIB](https://aitrading67.com/en/ftse-mib-etf-signals/) closed the week **below its own weekly Inversion Point**, which now sits 0.19% above the price — and that level has been stuck on the same value for two weeks, meaning the trailing stop has stopped rising, which happens when price stops making new highs. The other three have room: the [DAX](https://aitrading67.com/en/dax-etf-signals/) 1.42%, the [FTSE 100](https://aitrading67.com/en/ftse-100-etf-signals/) 1.97%, while the [CAC 40](https://aitrading67.com/en/cac-40-etf-signals/) sits 3.18% below its level, consistent with a sell signal. This deserves to be read plainly and without alarm: twenty-two weeks of work and a 12.20% gain describe a trade that worked, one that has banked all three profit-taking windows. A price resting on its exit level after a run like that does not describe an index in trouble; it describes a cycle that has reached the end of its own run. For **risk management** on Italian positions the consequence is concrete: the decision belongs before next Friday's close, not after it. [FTSE MIB ETF](https://aitrading67.com/en/ftse-mib-etf-signals/) **long** ([G](https://aitrading67.com/mib-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/ftse-mib-etf-signals/ "Full analysis (Platinum)")) · [DAX ETF](https://aitrading67.com/en/dax-etf-signals/) **long** ([G](https://aitrading67.com/dax-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/dax-etf-signals/ "Full analysis (Platinum)")) · [CAC 40 ETF](https://aitrading67.com/en/cac-40-etf-signals/) **short** ([G](https://aitrading67.com/cac-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/cac-40-etf-signals/ "Full analysis (Platinum)")) · [FTSE 100 ETF](https://aitrading67.com/en/ftse-100-etf-signals/) **long** ([G](https://aitrading67.com/isf-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/ftse-100-etf-signals/ "Full analysis (Platinum)")) [\*](#nota-sistema "Our system") [↑ back to menu](#toc) 📊 INSTRUMENTS The baskets of the session ## The ETFs that moved the day: the technology ETF, the gold ETF and the European auto ETF [XLK](https://aitrading67.com/en/technology-us-etf-signals/) — the Technology Select Sector SPDR, the US technology ETF — closed up **0.70%** and was the best American sector of the session, the only one above half a point. [XLF](https://aitrading67.com/en/financials-us-etf-signals/) — the Financial Select Sector SPDR, the US financials ETF — lost **0.79%** as yields rose, and [XLY](https://aitrading67.com/en/consumer-discretionary-us-etf-signals/) — the consumer discretionary ETF — 1.33%, the worst of the eleven. In Europe, [EXV3](https://aitrading67.com/en/technology-europe-etf-signals/) — the iShares European technology ETF — gained **1.38%** and [EXHG](https://aitrading67.com/en/automobiles-europe-etf-signals/) — the European auto ETF — **1.11%**: these were the two sectors that led the continent, and both are on the buy side on our weekly horizon. [GLD](https://aitrading67.com/en/gold-etf-signals/) — SPDR Gold Shares, the most heavily traded gold ETF in the world — slipped **0.84%** as yields climbed, though it remains up 2% over the month. [XLE](https://aitrading67.com/en/energy-us-etf-signals/), the US energy ETF, lost 0.87% and still stands as the **best sector of the month** at plus 11.78%. **How I read it**Our model is long all six of these baskets. The one that deserves a line is the last: when the commodity itself runs **17%** in four weeks, supported by Iranian strikes on infrastructure in Kuwait, and the companies that pull it out of the ground stall, that is usually the market starting to ask how sustainable the price is. It is not a reason to close, it is a reason to watch [XLE](https://aitrading67.com/en/energy-us-etf-signals/) over the coming sessions. The second observation concerns the two European baskets: a technology ETF and an auto ETF leading the continent together are the cleanest way to take the theme of the moment without single-name exposure, which is why both also appear on the candidate list of our own trading sheet. On the gold ETF the position dates from 3 August and the day went against it: as yields rise the metal loses its relative advantage, which is exactly what you would expect. [US technology ETF](https://aitrading67.com/en/technology-us-etf-signals/) **long** ([G](https://aitrading67.com/xlk-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/technology-us-etf-signals/ "Full analysis (Platinum)")) · [US financials ETF](https://aitrading67.com/en/financials-us-etf-signals/) **long** ([G](https://aitrading67.com/xlf-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/financials-us-etf-signals/ "Full analysis (Platinum)")) · [Consumer Discretionary US](https://aitrading67.com/en/consumer-discretionary-us-etf-signals/) **long** ([G](https://aitrading67.com/xly-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/consumer-discretionary-us-etf-signals/ "Full analysis (Platinum)")) · [Technology Europe](https://aitrading67.com/en/technology-europe-etf-signals/) **long** ([G](https://aitrading67.com/exv3-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/technology-europe-etf-signals/ "Full analysis (Platinum)")) · [European autos ETF](https://aitrading67.com/en/automobiles-europe-etf-signals/) **long** ([G](https://aitrading67.com/exhg-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/automobiles-europe-etf-signals/ "Full analysis (Platinum)")) · [gold ETF](https://aitrading67.com/en/gold-etf-signals/) **long** ([G](https://aitrading67.com/gld-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/gold-etf-signals/ "Full analysis (Platinum)")) · [US energy ETF](https://aitrading67.com/en/energy-us-etf-signals/) **long** ([G](https://aitrading67.com/xle-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/energy-us-etf-signals/ "Full analysis (Platinum)")) [\*](#nota-sistema "Our system") [↑ back to menu](#toc) 📈 OUR MODEL The 4 September cohort ## The new weekly buy signals: twenty-one names, fourteen tradable The cohort was born on Friday 4 September's close: **21** new buy signals, **14** of them tradable. Since it is brand new we publish it in full; from tomorrow we will report only what changes. No new sell signals appear in this card: the week's twenty-eight reversals concern names already under coverage, and you will find them in the theme cards. Setup quality is **medium across all fourteen** and the suggested opening is cautious on each: none of these signals deserves a full position on day one. The caveat always applies and we repeat it: past data does not guarantee future results. Instrument Signal of the day Weekly confirmed My reading 🇺🇸 [RXRX](https://aitrading67.com/en/recursion-pharmaceuticals-stock-signals/)Long Recursion Pharmaceuticals BUY 4 September buy confirmed week closed 04/09 Signal Strength at 76 out of 100 with high volatility: a wide move, to be handled with disciplined stops. 🇧🇷 [USIM5](https://aitrading67.com/en/usiminas-stock-signals/)Long Usiminas BUY 4 September buy confirmed week closed 04/09 Second in its category by Signal Strength, riding the Brazilian commodity wave. 🇺🇸 [FMC](https://aitrading67.com/en/fmc-stock-signals/)Long FMC BUY 4 September buy confirmed week closed 04/09 Last in its US category ranking, with high volatility: keep the size small. 🇺🇸 [SNDL](https://aitrading67.com/en/sndl-stock-signals/)Long SNDL BUY 4 September buy confirmed week closed 04/09 First in its US category ranking, though size follows risk rather than rank. 🇩🇪 [VOW3](https://aitrading67.com/en/volkswagen-ag-pref-stock-signals/)Long Volkswagen AG Pref BUY 4 September buy confirmed week closed 04/09 Born with a **6.47%** jump on the restructuring plan, already an outsized move: stagger the entry. 🇩🇪 [BMW](https://aitrading67.com/en/bayerische-motoren-werke-stock-signals/)Long Bayerische Motoren Werke BUY 4 September buy confirmed week closed 04/09 Arrives alongside Volkswagen on the same theme but without the jump: the most manageable profile of the three German names. 🇩🇪 [RWE](https://aitrading67.com/en/rwe-stock-signals/)Long RWE BUY 4 September buy confirmed week closed 04/09 Weak conviction. It completes the German trio with less push behind it. 🇮🇹 [IVG](https://aitrading67.com/en/iveco-stock-signals/)Long Iveco BUY 4 September buy confirmed week closed 04/09 Strength at 13, the lowest on the list. Yet on Friday it traded **4 times** its median volume with 83.3% on the buy side and the price flat. 🇧🇷 [BBAS3](https://aitrading67.com/en/banco-do-brasil-stock-signals/)Long Banco do Brasil BUY 4 September buy confirmed week closed 04/09 One of six Brazilian financials born together: it is worth one position, not six. 🇧🇷 [BBDC3](https://aitrading67.com/en/banco-bradesco-stock-signals/)Long Banco Bradesco BUY 4 September buy confirmed week closed 04/09 Ordinary volatility and medium conviction: a regular profile within the Brazilian block. 🇧🇷 [ITUB4](https://aitrading67.com/en/itau-unibanco-stock-signals/)Long Itau Unibanco BUY 4 September buy confirmed week closed 04/09 The largest of the Brazilian financials in the cohort, with ordinary volatility. 🇧🇷 [ITSA4](https://aitrading67.com/en/itausa-stock-signals/)Long Itausa BUY 4 September buy confirmed week closed 04/09 The holding company that controls Itau: the same bet as the bank, counted twice. 🇧🇷 [CPFE3](https://aitrading67.com/en/cpfl-energia-stock-signals/)Long CPFL Energia BUY 4 September buy confirmed week closed 04/09 A Brazilian utility with a regular profile. The sector has drawn defensive flows. 🇧🇷 [CMIG4](https://aitrading67.com/en/cemig-stock-signals/)Long Cemig BUY 4 September buy confirmed week closed 04/09 The second Brazilian utility in the cohort, with the same defensive reading. **How I read it**What jumps out is not a name but a geography: **thirteen of the twenty-one** signals are Brazilian, three German, one Italian and four American. A cohort this concentrated carries the same warning I set out in the dedicated card: a ranking orders names but cannot see that many of them are the same risk. Among the fourteen tradable ones the most interesting profile is [BMW](https://aitrading67.com/en/bayerische-motoren-werke-stock-signals/), which arrives on the same theme as [Volkswagen](https://aitrading67.com/en/volkswagen-ag-pref-stock-signals/) but without the 6.47% jump, and therefore with a better entry; and [Iveco](https://aitrading67.com/en/iveco-stock-signals/) deserves attention for a reason that has nothing to do with Signal Strength, namely that quiet accumulation in the volume. For **swing trading**, the rule on a newborn cohort is the usual one and it is the whole **trading strategy** here: scale in, and let the second week do the confirming. [Recursion Pharmaceuticals](https://aitrading67.com/en/recursion-pharmaceuticals-stock-signals/) **long** ([G](https://aitrading67.com/rxrx-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/recursion-pharmaceuticals-stock-signals/ "Full analysis (Platinum)")) · [Usiminas](https://aitrading67.com/en/usiminas-stock-signals/) **long** ([G](https://aitrading67.com/usim5-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/usiminas-stock-signals/ "Full analysis (Platinum)")) · [FMC](https://aitrading67.com/en/fmc-stock-signals/) **long** ([G](https://aitrading67.com/fmc-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/fmc-stock-signals/ "Full analysis (Platinum)")) · [SNDL](https://aitrading67.com/en/sndl-stock-signals/) **long** ([G](https://aitrading67.com/sndl-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/sndl-stock-signals/ "Full analysis (Platinum)")) · [Volkswagen AG Pref](https://aitrading67.com/en/volkswagen-ag-pref-stock-signals/) **long** ([G](https://aitrading67.com/vow3-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/volkswagen-ag-pref-stock-signals/ "Full analysis (Platinum)")) · [Bayerische Motoren Werke](https://aitrading67.com/en/bayerische-motoren-werke-stock-signals/) **long** ([G](https://aitrading67.com/bmw-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/bayerische-motoren-werke-stock-signals/ "Full analysis (Platinum)")) · [RWE](https://aitrading67.com/en/rwe-stock-signals/) **long** ([G](https://aitrading67.com/rwe-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/rwe-stock-signals/ "Full analysis (Platinum)")) · [Iveco](https://aitrading67.com/en/iveco-stock-signals/) **long** ([G](https://aitrading67.com/ivg-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/iveco-stock-signals/ "Full analysis (Platinum)")) · [Banco do Brasil](https://aitrading67.com/en/banco-do-brasil-stock-signals/) **long** ([G](https://aitrading67.com/bbas3-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/banco-do-brasil-stock-signals/ "Full analysis (Platinum)")) · [Banco Bradesco](https://aitrading67.com/en/banco-bradesco-stock-signals/) **long** ([G](https://aitrading67.com/bbdc3-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/banco-bradesco-stock-signals/ "Full analysis (Platinum)")) · [Itau Unibanco](https://aitrading67.com/en/itau-unibanco-stock-signals/) **long** ([G](https://aitrading67.com/itub4-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/itau-unibanco-stock-signals/ "Full analysis (Platinum)")) · [Itausa](https://aitrading67.com/en/itausa-stock-signals/) **long** ([G](https://aitrading67.com/itsa4-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/itausa-stock-signals/ "Full analysis (Platinum)")) · [CPFL Energia](https://aitrading67.com/en/cpfl-energia-stock-signals/) **long** ([G](https://aitrading67.com/cpfe3-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/cpfl-energia-stock-signals/ "Full analysis (Platinum)")) · [Cemig](https://aitrading67.com/en/cemig-stock-signals/) **long** ([G](https://aitrading67.com/cmig4-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/cemig-stock-signals/ "Full analysis (Platinum)")) [\*](#nota-sistema "Our system") [↑ back to menu](#toc) 📅 CALENDAR Earnings in the next seven days ## This week's earnings: Adobe and Oracle on Thursday, arriving from opposite places Four companies in our universe report over the next seven days, and two of them arrive in opposite conditions. **Tuesday 8 September** [GameStop](https://aitrading67.com/en/gamestop-stock-signals/) Short **Thursday 10 September** [Adobe](https://aitrading67.com/en/adobe-stock-signals/) Long [Oracle](https://aitrading67.com/en/oracle-stock-signals/) Long [Avio](https://aitrading67.com/en/avio-stock-signals/) Short **How I read it**[Adobe](https://aitrading67.com/en/adobe-stock-signals/) comes to its numbers having lost **6.73%** on Friday, one of the day's outsized moves, with volatility in compression: that is the setup in which the post-announcement move reads most clearly, because the spring is loaded. [Oracle](https://aitrading67.com/en/oracle-stock-signals/) arrives in the most favourable combination of the window, with weekly and daily signals both on the buy side and buy-side volume rising. Our model is long on both. The way we look at earnings is measured rather than impressionistic: results **do not shift the average return**, they double the dispersion. So they are neither a reason to enter nor a reason to stay out — they are a reason to enter smaller. [GameStop](https://aitrading67.com/en/gamestop-stock-signals/) **short** ([G](https://aitrading67.com/gme-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/gamestop-stock-signals/ "Full analysis (Platinum)")) · [Adobe](https://aitrading67.com/en/adobe-stock-signals/) **long** ([G](https://aitrading67.com/adbe-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/adobe-stock-signals/ "Full analysis (Platinum)")) · [Oracle](https://aitrading67.com/en/oracle-stock-signals/) **long** ([G](https://aitrading67.com/orcl-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/oracle-stock-signals/ "Full analysis (Platinum)")) · [Avio](https://aitrading67.com/en/avio-stock-signals/) **short** ([G](https://aitrading67.com/avio-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/avio-stock-signals/ "Full analysis (Platinum)")) [\*](#nota-sistema "Our system") [↑ back to menu](#toc) 📈 UNITED STATES The two US baskets ## Technical analysis of SPY and QQQ: one point of road ahead against four [SPY](https://aitrading67.com/en/sp-500-etf-signals/), the S&P 500 ETF, closed down **0.39%** and [QQQ](https://aitrading67.com/en/nasdaq-100-etf-signals/), the Nasdaq 100 ETF, up **0.18%**: a second consecutive session in which the Nasdaq beats the broad basket. The reason lies in composition and is easy to read: technology is **50.54%** of QQQ against 32.91% of SPY and rose 0.70% on Friday; financials are 0.24% against 12.59% and fell 0.79%. Both baskets sit inside their own congestion zone, resting on the floor. The geometry, though, is very different. [SPY](https://aitrading67.com/en/sp-500-etf-signals/) is in its twenty-third week of a buy signal worth **13.35%**, with all three profit-taking windows banked, and stands just **1.19%** from its record; [QQQ](https://aitrading67.com/en/nasdaq-100-etf-signals/) is in its fifth week, still 1.66% below its entry level, and sits **4.13%** from its own record. **How I read it**The comparison comes down to one number each. On [SPY](https://aitrading67.com/en/sp-500-etf-signals/), between the price and the level that would close a trade open for twenty-two weeks there are fewer than two percentage points, and inside that space nine separate technical references pile up: a very dense floor, but with only 1.19% of headroom to the record above. One point of road ahead and two behind. On [QQQ](https://aitrading67.com/en/nasdaq-100-etf-signals/) the ratio is reversed: more room ahead, but a position that so far has only lost ground. The gauge that captures the difference is Signal Strength, which measures conviction and the breadth of a move and never its safety: **7 out of 100** on SPY, 17 on QQQ. Both are low readings, and on a mature structure driven by almost no conviction the operational conclusion is a single one: this is not the place to add. For **risk management**, with the US central bank meeting on 16 September, this is a phase for looking after what you already hold rather than building new exposure to the broad baskets. [S&P 500](https://aitrading67.com/en/sp-500-etf-signals/) **long** ([G](https://aitrading67.com/spy-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/sp-500-etf-signals/ "Full analysis (Platinum)")) · [Invesco QQQ Trust](https://aitrading67.com/en/nasdaq-100-etf-signals/) **long** ([G](https://aitrading67.com/qqq-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/nasdaq-100-etf-signals/ "Full analysis (Platinum)")) · [Russell 2000 ETF](https://aitrading67.com/en/russell-2000-etf-signals/) **short** ([G](https://aitrading67.com/iwm-en/ "Instrument page (Gold)") / [P](https://aitrading67.com/en/russell-2000-etf-signals/ "Full analysis (Platinum)")) [\*](#nota-sistema "Our system") [↑ back to menu](#toc) --- The desk's take ## The bigger picture: a market rising on fewer and fewer legs What drives this week is a shift in rate expectations, and it points the opposite way from seven days ago: a far stronger than expected jobs report has put a rate **increase** back on the table for **16 September**, with the European Central Bank due on the **10th**. Beneath the surface, though, the number we have been watching for weeks keeps deteriorating: market participation has fallen **18%** in seven days and 26% over the month, and has been declining for three weeks. The indices hold up while the base beneath them thins out. In a phase like this, picking the wrong name costs double, because there is no tide to bail you out. **What you find here.** If you are trying to understand **how to manage risk in trading** — stops, break-even stops, trailing, and the declaration of stops that have been taken out — or **how to read chart patterns** (double bottoms, Bollinger bands, the Ichimoku cloud, price action trading), this is the desk's **trading journal**: published every morning before the US premarket, with our model's position on every instrument mentioned. Previous editions [4 September 2026Technical analysis: Snowflake stock jumps 16.55% on strong guidance while Broadcom slips despite beating estimates](https://aitrading67.com/en/technical-analysis-snowflake-broadcom-strategy-robinhood-stocks/)[3 September 2026Technical analysis: Broadcom's beat falls short, Dell stock jumps 15.81% while Credo drops 20%](https://aitrading67.com/en/technical-analysis-broadcom-dell-credo-semiconductor-stocks/)[2 September 2026Technical analysis: a three-continent bond selloff sinks tech stocks while oil lifts BP and Shell stock](https://aitrading67.com/en/technical-analysis-bond-selloff-dell-oracle-bp-shell-apple/)[1 September 2026Technical analysis: oil shock lifts energy stocks while Edison International stock loses 23% in a single session](https://aitrading67.com/en/technical-analysis-oil-shock-edison-pge-exxon-chevron/)[30 August 2026Technical analysis: Marvell stock drops 10.28% as Wall Street sells the guidance, while Frankfurt closes a whisker from its record](https://aitrading67.com/en/technical-analysis-marvell-paypal-dell-frankfurt-record/)[28 August 2026Technical analysis: Nvidia stock and cybersecurity software carry Wall Street while European stocks slide](https://aitrading67.com/en/technical-analysis-nvidia-salesforce-palo-alto-sap/)[View all editions on the tag page →](https://aitrading67.com/tag/daily%5Freport/) The desk's other reports The full analyses behind the cards on this page. [→Weekly markets report](https://aitrading67.com/en/weekly-markets-report/)[→Weekly sector rotation report](https://aitrading67.com/en/weekly-etf-sectors-report/)[→Market Pulse — every basket](https://aitrading67.com/market-pulse-hub/)[→Market Pulse United States](https://aitrading67.com/en/tag/market-pulse-usa/)[→Market Pulse Italy](https://aitrading67.com/en/tag/market-pulse-it/)[→Market Pulse Germany](https://aitrading67.com/en/tag/market-pulse-de/)[→Market Pulse France](https://aitrading67.com/en/tag/market-pulse-fr/)[→Market Pulse United Kingdom](https://aitrading67.com/en/tag/market-pulse-uk/)[→Market Pulse Brazil](https://aitrading67.com/en/tag/market-pulse-br/)[→Market Pulse ETFs](https://aitrading67.com/en/tag/market-pulse-etf/) **\* Our system** — The rows of names at the foot of each card carry our model's position, long or short. Position from the latest published weekly analysis. Levels, targets and the trading plan sit in each instrument's own page. The two letters in brackets lead to the instrument page (G) and the full analysis (P). **Disclaimer.** The content on this page is published for educational and informational purposes and reflects the author's personal opinion and technical analysis. It does not constitute financial advice, an investment solicitation, or a personalised recommendation. Trading in financial instruments carries a high level of risk and may result in substantial loss of the capital invested. Every operating decision rests solely with the reader, who acts independently and in full awareness of that risk. AiTrading67 is not a broker or financial intermediary and is not affiliated with any broker or trading platform. Sources [1Stock market today, September 4, 2026 — TheStreetthestreet.com](https://www.thestreet.com/stock-market-today/stock-market-today-dow-jones-sp-500-nasdaq-updates-sept-04-2026)[2Central bank watchlist: September 2026 meeting expectations — tastyfxtastyfx.com](https://www.tastyfx.com/news/central-bank-watchlist-september-2026-meeting-expectations/)[3Tesla stock drops as Cybercab update underwhelms and NHTSA opens probe — CNBCcnbc.com](https://www.cnbc.com/2026/09/04/teslas-stock-drops-as-cybercab-update-underwhelms-nhtsa-probe.html)[4Why Apple stock sank on Friday — Motley Foolfool.com](https://www.fool.com/investing/2026/09/04/why-apple-stock-sank-on-friday/)[5Palantir stock jumps on expanded PwC alliance — CoinOtagen.coinotag.com](https://en.coinotag.com/palantir-stock-jumps-8-percent-pwc-alliance-bitcoin-risk)[6Intel, AMD, Micron shares trim losses after Broadcom results spark chip sell-off — Yahoo Financefinance.yahoo.com](https://finance.yahoo.com/markets/stocks/article/intel-amd-micron-shares-trim-losses-after-broadcom-results-spark-semiconductor-sector-sell-off-130128361.html)[7Germany stock market: Volkswagen jumps on restructuring plan — Trading Economicstradingeconomics.com](https://tradingeconomics.com/germany/stock-market)[8Italy stock market, session of 4 September — Trading Economicstradingeconomics.com](https://tradingeconomics.com/italy/stock-market)[9Oil prices today: Iran strikes and the Strait of Hormuz risk — CNBCcnbc.com](https://www.cnbc.com/2026/09/03/oil-price-today-iran-war-strait-hormuz.html)[10Brazil markets: Ibovespa and the real, Friday September 4 2026 — Rio Timesriotimesonline.com](https://www.riotimesonline.com/brazil-markets-ibovespa-real-friday-september-4-2026/)