Semis break the 505 line at midday while bitcoin presses 80,000

In this edition

The Midday 10 Mon, Aug 24, 2026 ~60 seconds 12:30 ET

A split tape by midday, and the split runs exactly along this morning's fault line: Staples up 1.45 percent and Financials up 1.44 percent lead while semiconductors take the day's worst damage, leaving the S&P 500 (SPY) down 0.34 percent against a Nasdaq-100 (QQQ) off 1.12 percent — and the hard-asset complex green across all three of the ladders this morning's Pulse mapped.

US midday, intraday quotes (delayed)

  1. monday.com
  2. Dutch Bros Inc.
  3. Celsius Holdings
  4. Applied Optoelectronics
  5. Sandisk
  6. FormFactor
  7. ETF Board
  8. Technology below 50-day
  9. Financials near 52-week high
  10. Morning 10 followup

The ten lines

  1. 1

    UP monday.com

    MNDY

    MNDY rises 3.09 percent to 93.53 against a software fund (IGV) that is itself down 0.39 percent — roughly three and a half points of idiosyncratic strength on a day the growth tape is being sold. After August's punishment cycle this is the first session in weeks where the name is the right-side outlier on its own tape.

  2. 2

    UP Dutch Bros Inc.

    BROS

    BROS adds 3.85 percent to 51.79 by midday, among the day's cleaner consumer discretionary stories on an otherwise choppy tape. No specific catalyst in the FACTS, but the bid holds.

  3. Agentic Ecosystem Index The AI-opex complex as an index — the operational layer where agents meet the P&L. Open the index →
  4. 3

    UP Celsius Holdings

    CELH

    CELH rises 3.48 percent to 34.52, a relative standout in the consumer space. The move comes without a named catalyst, tracking alongside broader defensive-adjacent consumer names finding a bid.

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C · line 11 · members

Today in line 11: SOXX at the wave count's 505 line and XLK's failed 50-day reclaim — the two closes that decide whether today was rotation noise or the frame's first trigger, with Nvidia as referee.

The privileged, actionable read — what we do, and at which level — is in line 11, for members only.

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Further reading on Closelook

Ten lines on the US midday tape, not advice — an investment diary. Published every trading day at 12:30 ET. See The Morning 10 and the Daily Pulse.