.

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

Market Setup- Pre-730ET 

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

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

·         Yields: Yields are higher Currencies:  USA +.18% 

·         News:  Europe: German industrial production decline > expectations

·         Stocks: Earnings:  BRK +1.4%, ELAN +3%, RMD +6%, BRK/B +1%, TSN -6.7%, BNTX -4.9%  Upgrade:MNST +2%, FTNT+2% 

·          General: Leading: KWEB, QQQ, XLK, ARKK  Lagging: VXX, TLT, USO, GDX, euro, XLU 

·         Overview: USA SPY 448 displays support of 446, 445, and 440 with resistance at 450 452 455 and 460. SPY expected move +/- 2.5 QQQ 373.4 with resistance at 375, 380 and displays support of 371.5 370 and 365. QQQ expected move +/- 2.7.  Indices are negative gamma with macro set-up negative with yields and US$ higher. S&P500 risk of pullback to 445, 440 while below 450. Watch for sellers on bounces while below 452. AAPL on watch today with 180 an important support level.

·         Stocks to watch  NVDA, AMZN, DKNG, FTNT, TLT, NET, SAGE    Spec Names RIVN, PLTR, CWH

Pre-800ET
Earnings ELAN, AXSM, BRK/B, VTRS, SAGE, ADTN, BNTX, KOS, TSN

Indices  KWEB, QQQ, XLK, ARKK, VXX, TLT, USO, GDX, euro, XLU 

S&P500 RMD, FTNT, MNST, BRK, VTRS, PCG, ORCL, UA, NVDA, META, AMZN, PYPL, TSN, BIIB, CPB, LUV, MET, AAL, INVH

IWM CWH, AXSM, TDS, APLS, SAGE

WSB NIO, RIVN, NET

Movers RMD, CWH, MANU, AXSM, XPEV, LI, W, NIO, VTRS, FTNT, JD, DKNG, CVNA, PCG, RIVN, SAGE, APLS, NVST, TSN, IEP, BNTX, NET

Trade Idea: DKNG
In my analysis, DKNG is a long idea with catalyst WFC upgrade with 37 target. In my opinion, premarket high 32.5 can be used for a momentum long or pullback >31.5. High call open interest at 34.5 and 35 strikes