Premarket Volume Scan

Market Narrative

## Premarket Scan for July 15, 2026 Volume leads the tape today, and NU sits at the top of the list with 152 million shares traded premarket, making it the primary focus heading into the open. The stock is up 2.34% to $13.99 with a tight PM range of just 0.79%, which is the setup traders using the shares-only strategy should watch closely. A tight premarket range combined with that volume profile typically resolves with a decisive directional move at the open, making NU a clean HOD/LOD breakout candidate. Wait for price to clear the high or break the low of the premarket range with conviction before entering. AAL is the second name on the radar, down 3.92% to $15.67 on 138 million shares. The 0.96% PM range is similarly compressed, and with that kind of downside gap and volume, the LOD breakdown is the higher-probability play. Both NU and AAL are shares-only trades given liquidity and spread considerations in the options chain at these price levels. NVDA and INTC deserve separate attention. NVDA is up 4.06% to $211.80 on 125 million shares premarket, but the name that stands out more is INTC, up 4.5% to $107.76 with a 5.48% PM range on 91 million shares. That wide range on INTC signals active two-sided price discovery, which means a VWAP reclaim or rejection strategy is more appropriate than a simple breakout play. Do not chase the open on INTC. Let price settle around VWAP in the first 15 minutes and trade the reaction. DRAM is also worth noting at number six on the list, up 6.86% to $61.23 with a 4.70% PM range on 88 million shares. Same read applies: wide range equals VWAP strategy, not a breakout. SOFI rounds out the list at 89 million shares, up 2.32% to $18.55 with a 1.40% PM range, which puts it in the middle ground. Treat it as a breakout candidate but size appropriately given the macro risk sitting on top of today's session. The macro backdrop requires attention before the first trade. Core PPI month-over-month is forecast at 0.3% against a prior read of 0.4%, and headline PPI is forecast flat after a 1.1% prior print. If either number comes in hotter than expected, expect broad risk-off pressure that punishes gap-up names like NVDA, INTC, and