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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

** ‘Y’ – year

**govt – government 

Color Key: Positive – Neutral – Negative
Global Markets:  USA, Europe, Japan, China, Hong Kong Asia – slight positive global set-up

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

·       Yields: 30Y Bond +.36% Currencies: USA$ -.6% CAD +.1% YEN+.18%  BTC/USD -.5% Vix: 15.75

·       News: USA: Trump: Lack of tariff announcement negative for US$ and positive for foreign equity CDN: CPI 830ET

·       Stocks: SCHW+4.9% PLD 0% MMM+3.9% DHI+2.4% FITB+1.5%  EDU-11.4% KEY-2.5% EPS  

·       Overview: SPY 600.1 support 598.2 596 593.2 and resistance 602 SPY expected move +/- 4.4 QQQ 524.3 with support 520 516.7 resistance 525 526.8 expected move +/- 5.0. USA indices have risen since the European open and consolidating in the NY premarket with SPY600 a major pivot level. SPX remains bullish above 6000 and 5975 a level where below risk can increase. US$ and yields fell on a lack of immediate tariff deluge but a later tweet threatened tariffs on Mexico and Canada by Feb1. Canadian CPI was lower than expected which is leading to a CDN$ bounce. MAG7 are positive led by GOOGL, TSLA, AMZN with AAPL the outlier lower on 2 downgrades. Tiktok ban has been postponed as Trump is working on a deal to keep it alive which delays the potential bounce for META, SNAP.  The speculative tech sector is bid with space, nuclear, power generation names all bid. Lower US$ is usually positive for foreign stocks and more speculative stocks. Bitcoin surge ahead of the inauguration with the launch of a Trump and Melania coin but has pulled back premarket. Today’s speculative stock of the day is TEM, a healthcare AI name which Pelosi bought Jan 2026 call options.   

·      
Expected moves SPY (602-593.2) QQQ (526.8-516.7) IWM (228-223) SPX (6040.7-5952.7)

Stocks to watch SCHW, MMM, TSLA, GOOGL, AAPL Speculative TEM, RKLB, SMR
Pre-800ET
Indices ARKK, KWEB, GDX, FXI, GLD, SLV, SMH, SLV, EFA, XLY, TLT, XLU, IWM, IGV, XME, ETHE, USO, UNG, US$ 

S&P500 SCHW, VST, MRNA, MMM, DHI, INTC, TSLA, PLTR, AVGO, SMCI, HAL, GM, AMZN, GOOGL, NFLX, NEM, WBA, KEY, AAPL
Other TEM, RKLB, SMR, XPEV, OKLO, LUNR, LI, SCHW, GFI, VST, HOOD, MRNA, MMM, RIOT, DHI, INTC, JD, SOFI, SOUN, PDD, NU, FTAI, EDU, DJT, WBA, AAPL, RIVN

Trade Idea: JD

China stocks are bouncing as US$ pulls back. JD is at 40 which is a major call level which can act as resistance or a launch level with call positions at 41 45 50 which can act as targets. Tariffs are a wild card which can strike at any time. Large order for March 60 calls on Friday is an indication that someone thinks JD can move higher.