Premarket Volume Scan

Market Narrative

## Premarket Scan for July 29, 2026 The dominant story heading into Tuesday's session is FOMC day, and that single macro event reshapes how every candidate on this list gets traded. The Fed is expected to hold the Federal Funds Rate at 3.75%, but the FOMC Statement and Powell's press conference introduce enough uncertainty to widen spreads and compress conviction on directional plays. On a day like this, volume confirmation matters more than usual, and the top of the volume rankings reflects that. INTC leads the board with 154 million shares traded in premarket as of the scan, down 5.86% to $86.30 with an 8.01% premarket range. That combination of extreme volume and a meaningful but not absurd gap puts INTC at the top of the watchlist for July 29, 2026. NVDA is second with 134 million shares, but a 0.25% gap and a 2.13% premarket range makes it more of a VWAP reclaim or fade setup than a gap play. DRAM rounds out the top three with 88 million shares, down 8.89%, and the widest premarket range on the list at 11.68%, which demands respect on sizing. For INTC, the shares-only strategy is correct given the premarket range and liquidity profile. With an 8.01% range, the approach is VWAP-anchored rather than a clean HOD or LOD breakout, because FOMC volatility will distort levels established before the 2:00 PM ET announcement. Watch for VWAP reclaim attempts in the first 30 minutes and fade the rip if volume dries up. DRAM has a similar setup but with a wider range that makes it more of a post-FOMC continuation trade. Wait for the 2:00 PM catalyst to pass before sizing into DRAM directionally. AAL and SPCX both carry tighter premarket ranges under 3.5% with strong volume above 80 million shares each, making them HOD or LOD breakout candidates during the pre-FOMC window before 1:30 PM ET when the market typically goes quiet. SOFI at 83 million shares and an 8.24% range despite only a 0.83% gap suggests something structural is moving the stock beyond the headline number, worth monitoring for a VWAP deviation trade. The volume leaders with no directional move, including CISS, ONFO, GOSS, SNXX, and LBGJ, are lower-priority on an FOMC day. Stocks without a clear catalyst driving the volume tend to