.

Color Key: Positive – Neutral – Negative

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

Underlined text – higher volume premarket

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

·         Commodities:  Gold, Silver, Oil, natgas, Softs, Industrial Metals 

·         Yields: Yields are higher  Currencies:  USA -.37%  

·         News:  USA ADP employment 497k vs 226k; UE claims at 8:30 ET; ISM Serives, JOLTS at 10:00 ET     Europe: Retail sales 0%m/m 

·         Stocks  META +0.9% Threads excitement MSFT +0.6% upgrade MGA BWA, APTV, KDP upgrade

·          General: Leading: VXX, /btc, GDX, GLD, euro, faangmt Lagging: /KWEB, SOXX, EEM, EFA, SMH, IWM, ARKK, LIT, XLE, KRE 

·         Overview: USA SPY 440.4 displays support of 440, 438, and 435  and resistance at 443. SPY expected move +/- 1.7. QQQ 368 with resistance  370 and displays support of 365, 362 . QQQ expected move +/- 2.1.  Global indices and macro factors are not bullish with potential for trend day lower.  Risk today is rising 10yr yields following much higher than expected ADP jobs survey and UE claims which remain low. ISM services and JOLTS at 10ET will be market moving so take notice.  Semis are particularly weak along with GOOGL AMZN AAPL but MSFT and META are showing some strength. Tech typically does not like higher yields so watch the sector and ARKK type stocks in general.

·         Stocks to watch  MSFT, META, KDP, AMD, AMZN, MU, AXP     

Spec Names  MP, AFRM 

Pre-800ET
Earnings 

Indices VXX, /btc, GDX, GLD, euro, faangmt, KWEB, SOXX, EEM, EFA, SMH, IWM, ARKK, LIT, XLE, KRE, FIA, XLF, QQQ

S&P500 FIS, BWA, META, KDP, INTC, AMD, XOM, GOOG

IWM SG, MARA, RIOT, SAVE, MSTR, IONQ, ASB, TALO, MDRX, AI, NE

WSB RIOT, MSTR, PLUG, AFRM, AI, AMD

Movers PERI, SG, MARA, RIOT, OPRA, MP, MSTR, FIS, BWA, META, KDP, COIN, INOQ, CHWY, AFRM, BILI, PDD, CRH, INTC, AI, AMD, XOM, MU

Trade Idea: AMD

Semis are pulling back with market. AMD pre-market high 113. Current price 111.7 with 110 a key support level where bounce or breakdown possible.  Break above 112 could be an indication that selling is over. Expected move for week is +/-2.7