.

Laurie’s Abbreviation Index:

‘div’ – dividend 

‘m/m’ – month over month

‘y/y’ – year over year

‘Inven’ – inventories

‘mfg’ – manufacturing 

+/- – plus or minus, positive or negative

Color Key: Positive – Neutral – Negative

•Global Markets:  USA, Europe, Japan, China, Hong Kong Asia –  Negative equity global set-up

•Commodities:  Gold, Silver, Oil and natgas, Softs, Industrial Metals

•Yields: Yields are lower

•Currencies:  US $ +.12%;

•News: USA: UE claims,  Philly Fed at 8:30 ET; Existing home sales, CB Leading Index at 10:00 ET; FOMC Waller at 12:00 ET, Bowman at 15:00 ET; Yellen TBD

Stocks IBM 0.9%, LVS +5.1%, DHI 4%, SLG 2%, TSLA -7.5%, ZION -4.6%, KEY -4%, T -5 STX -4.5% EPS General: Leading:  Volatility, Home Builders, Bonds, Gold Miners  Lagging: Bitcoin, Lithium, Spec tech, Oil

•Overview: Global indices risk off. SPY 411.1 displays support of 411,410, and 405 with resistance at 415, and 420. SPY expected move +/- 1.96. QQQ 315.7 with at resistance 319, and 320 displays support of 315, 313, and 310. QQQ expected move +/- 3. Market is set-up for risk-off with global equities lower, US$ higher and yields lower. SPY 410 and QQQ 315 are key levels where bounce or breakdown expected.  Conference board at 10:00 ET and FOMC speakers and Yellen TBD may be market moving. Yellen potentially will be addressing the debt ceiling which may increase volatility. Last 2 days before Opex can be more volatile, today will be a test whether the buy the dip 0DTE crowd is active. Watch SPY 410

•Stocks to watch LVS, DHI, IBM, TLT, TSLA, T, STX, AXP Spec Names  DRMA

Pre-800ET
Earnings CCI, DFS, IBM, KMI, LRCX, LVS, REXR, SLG, SNV, STLD, TSLA, ZION, ALK, AXP, BX, CMA, DHI, EWBC, FITB, GPC, KEY, NUE, PM, STX, T, TSM, UNP, VIRT

Indices VXX, TLT, ITB, EWZ ,GDX, LIT, /btc, ARKK, XLY, USO, ARKQ, ICLN, QQQ, IWM, XLE, XLK, XOP, faangmt, XRT, IYZ, SOXX

S&P500 LVS, DHI, WYNN, IBM, WRK, TSLA, FFIV, ZION, T, NTAP, BBWI, FRC, GM, KEY, DHR, F, ALB, ON, VZ, AAL, FITB, ALK, NFLX, MRNA, DVN, BKR

IWM NOVA, MARA, RIOT, AI, FRO, LTHM, NE

WSB TSLA, RIOT, RIVN, AFRM, F, AI, NET, UPST, AMZN, GME, RIVN

Movers LVS, BEKE, DHI, WYNN, EDU, SLG, GFI, BUR, IBM, AU, NOVA, NFE, TSLA, FFIV, ZION, FMS, LI, STM, T, STLA, NTAP, MARA, BBWI, RIOT, KEY

Trade Idea: TSLA

Post earnings TSLA is testing March lows and at the expected move for the week. TSLA moves in increments of 5 so below 165 look for 160 and above look for 170. Bounce on open and retest of lows expected.