Premarket Volume Scan

Market Narrative

## Premarket Scan for July 30, 2026 SOFI leads the tape this morning with 193.5 million shares traded in premarket, making it the clear volume leader heading into the July 30, 2026 session. The stock is down 8.9% to $15.25 with a relatively tight premarket range of 2.23%, and that combination is worth noting. Heavy volume on a contained range typically means institutional participation is building a position or defending a level, not retail panic chasing a headline. For the shares-only strategy, the play here is a HOD/LOD breakout setup. Wait for the first 5 to 15 minutes to establish a clean range, then trade the break of that range with volume confirmation. Do not front-run it. INTC is the second name to watch, printing 152.4 million shares premarket with a 7.14% range on a 5.12% gap down to $81.88. That wider range shifts the approach to a VWAP reclaim or rejection strategy rather than a clean breakout, as price is likely to be choppier through the open. DRAM and KORU also have wide premarket ranges (7.45% and 14.74% respectively), so treat both as VWAP-anchored trades rather than breakout candidates. NVDA sits at 148.4 million shares premarket with a tight 2.14% range, making it another HOD/LOD breakout candidate if volume holds into the open. The macro backdrop matters significantly today. Advance GDP q/q prints this morning with a 2.1% forecast against a 2.0% prior, and Core PCE m/m comes in at a 0.2% forecast versus 0.3% prior. A softer PCE read would be the more market-moving number of the two, as it directly feeds Fed rate expectations. If PCE prints below forecast, expect a reflexive bid across risk assets that could undercut the gap-down thesis on SOFI, INTC, and NVDA. If both prints come in hot, the selling pressure on these names likely accelerates. Given that two major data releases hit before or near the open, treat the first 5 minutes as no-trade territory unless your entry is already clearly defined by a premarket level. Macro-driven opens widen spreads and create false breakouts on thinner names. For execution priorities on July 30, rank your watchlist by volume, not gap size. SOFI at the top, followed by INTC and NVDA. Ignore F's 2.14% gap up with 98.3 million shares unless it shows unusual relative strength off