Premarket Volume Scan

Market Narrative

## Premarket Scan for August 11, 2026 Volume is telling the clearest story this morning, and SPCX leads the field on that basis. The stock is printing a 4.23% gap up to $138.74 with premarket volume already at 169,979,925 shares, which dwarfs everything else on the scan. That combination of meaningful gap size and institutional-scale volume is exactly the setup the scan prioritizes. The premarket range is tight at 1.33%, which is actually useful information: tight ranges in high-volume movers often compress before a directional break, and that makes SPCX a textbook HOD breakout candidate for the August 11, 2026 session. The strategy here is shares only, which fits given the vehicle designation, and position sizing should reflect that the stock is already extended in premarket. NVDA and INTC both show up as B-tier names with significant volume (116M and 101M respectively), and both are trading red. NVDA is down 2.86% and INTC is off 4.06% with a notably wider PM range of 2.87%. INTC's wider range shifts the preferred approach toward VWAP reclaim or rejection rather than a clean breakout play. NVDA at $217.55 with a tight 0.96% PM range sets up similarly to SPCX but on the short side, making a LOD break the primary trigger if sellers stay in control through the open. The C-tier names (BWMN, VREX, HZO) are showing large gap percentages of 55.78%, 48.75%, and 46.08% respectively, but zero premarket volume across all three. This is the core filter at work: gap size without volume confirmation is noise, not signal. These names stay off the active trade list for August 11, 2026 until volume materializes and confirms participation. If any of them develop volume in the first 15 minutes of the regular session, they could build into secondary watch candidates, but chasing a 55% gap on zero premarket volume is the kind of trade the volume-first framework is specifically designed to avoid. The shares-only designation on all three reinforces the illiquid options concern, so there is no derivative hedge available if a move reverses quickly. The volume leaders with no directional move (SOAR, SCKT, YYAI, MSTU, RCON) are worth monitoring as potential intraday setups rather than gap plays. High volume without a gap often signals accumulation or distribution ahead of a catalyst that has not fully printed yet, or it reflects sector rotation activity. With no high-impact macro events