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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

** ‘d’ – day

**govt – government 

Color Key: Positive – Neutral – Negative

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

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

·         Yields: Long Yields lower  Currencies:  USA -.16%

·         News:   EUR: Lagarde 9ET

·          Stocks:  AMZN +.9%, SHOP +3.6%,  Black Friday Online Sales:  TSLA +.87%, NVDA +.17%,  It’s Monday: NEM +.85%, GFI +2%, PAAS +1.35%, Precious metals: AFRM +3.7%, UPST +1.4%, Black Friday Sales Good
Overview: USA SPY 454.9;  support 450 and resistance 455 457.3;  SPY expected move +/- 1.97; QQQ 389.5 with resistance 390 392 and support   388 385, expected move 2.5.  USA are rising premarket as usual Monday after dipping in the Asian session, leaving large cap indices flat c.f. Friday.  Macro setup is positive with long yields lower and US$ lower. Best performing sectors are online retail & payment with Black Friday sales good and precious metals with the macro set-up. OPEC+ meeting delay is weighing on energy. SPY and QQQ at major gamma levels which may lead to a range day   Today daily expected move levels: SPY (457.3-455.3)  QQQ (392.0-387), IWM (181-177.7) SPX(4579-4539). 

Stocks to watch:   AMZN, SHOP, AFRM, NEM, FL    Spec Names: GFI, RIOT, MARA

Pre-800ET
Earnings:   HTHT, BMA

Indices: GDX, GLD, TLT, PRNT, VXX, ARKF, EWZ, /btc, USO, KWEB, XLE, IWM, ICLN, XLF, UUP,

S&P500: CCI, AMZN, NEM, CCL, PYPL, WMT, GEHC, KEY, GOOGL,

IWM: ARVN, FL, MARA, LTHM
Movers: CCI, AFRM, SHOP, GFI, AU, ADYEY, GOLD, ARVN, PAAS, NEM, AMZN, M, ZS, CRWD, FL, GEHC, TAL, MARA, GMAB, RRC, LTHM, KEY, XPEV, LI, COIN, NTES, JWN, SQM, JD,

Trade Idea: AMZN

AMZN is the leading MAG7 stock with strong Black Friday Sales. Premarket high 148.5.  Pullback > 148 is a potential long with 150 target. Below 148, risk of pullback  to 147.  Range for today (149.25-144.2)