OP Wire 8/11 (OP – Lite)

1️⃣ Intel CEO Meets Trump Today
Intel CEO Lip-Bu Tan heads to the White House today to meet with President Trump in a high-stakes conversation that could impact both his leadership and Intel’s positioning in the semiconductor race.

Trump previously called for Tan’s resignation over concerns about his links to Chinese firms. Tan has pushed back, saying Intel is working closely with the administration to address these concerns. His goals today:

  1. Convince Trump he’s the right leader for Intel.
  2. Secure a role for Intel in the administration’s semiconductor agenda.

2️⃣ Futures Firm as Tech Leads
U.S. futures are slightly higher premarket:

  • Dow: +108 pts (+0.2%)
  • S&P 500: +12 pts (+0.2%)
  • Nasdaq 100: +37 pts (+0.2%)

The Nasdaq Composite hit another all-time high Friday, powered by a 13% weekly surge in Apple—its best since 2020—on hopes new U.S. investments will shield it from Trump’s tariffs. Tech and communication sectors are also pushing the S&P 500 to fresh highs.

Rate cut expectations are adding fuel, with traders eyeing September for the Fed’s next move.


3️⃣ Nvidia & AMD Cut AI Chip Deals
Reports say Nvidia will give the U.S. government 15% of returns from China AI chip sales, with AMD reportedly agreeing to the same. Nvidia’s China-specialized H20 AI chip sales were greenlit two days after CEO Jensen Huang met with Trump.


4️⃣ C3.ai Tanks on Weak Prelim Earnings
C3.ai (AI) dropped sharply after-hours Friday after cutting its revenue outlook to $70.2–$70.4M for Q1, far below the $104M expected. Losses are projected at $57.7–$57.9M, more than double analyst estimates.


5️⃣ Big Data Week Ahead

  • Tuesday: CPI
  • Thursday: PPI
  • Friday: Retail Sales & Consumer Sentiment

Recent labor softness supports the case for rate cuts, but inflation remains sticky above the Fed’s 2% target—making this week’s reports critical.


6️⃣ Fed’s Bowman Calls for Cuts
Fed Governor Michelle Bowman reiterated her push for rate cuts over the weekend, citing job market weakness outweighing inflation concerns. Trump continues pressing the Fed to move faster on cuts.


7️⃣ Trump to Open 401(k)s to Alternative Assets
A new executive order will allow retirement plans to invest in real estate, crypto, and private equity. Supporters see higher return potential, critics warn of more risk and fees.


8️⃣ Market Recap & Outlook

  • $QQQ: 574.55 (+0.93%), just below ATH. Every pullback has been met with aggressive buying, keeping bears trapped.
  • Key support at 22840 held perfectly last week, sending price back to 23845 resistance. As long as buyers defend support, trend bias stays bullish.
  • Bitcoin: ~$121K
  • Gold: ~$3,440/oz
  • Silver: ~$38.20/oz

💡 OP Note:
Today is OP Secret Sauce live trading! Last week’s stream averaged $30K in gains. If you’re not in yet, email steve@optionsplayers.com now. See you in chat!

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