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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

Color Key: Positive – Neutral – Negative

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

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

·         Yields: Yields are lower

·         Currencies:  US $ +.04%; 

·         News: USA: JOLTS at 10:00 ET; Yellen warning that shutdown date moving into June UK: HPI m/m .5% vs -.5%

·         Stocks MAR, PFE, SFM, STNG, ANET, CHGG, DD, EPS; TSLA raising prices in USA;

·         General: Leading: volatility, bonds, Gold, large cap tech Lagging: EFA, materials, small caps, China 

·         Overview: USA i SPY 414.9 displays support of 412, 410, and 405 with resistance at 415, and 420. SPY expected move +/- 1.7. QQQ 322 with resistance at 323.5, and 325 displays support of 320, 318, and 315. QQQ expected move +/- 2.0.  Bifurcated USA market with large cap tech supporting and small caps  continuing to underperform premarket. Foreign equities are not supporting and SPY is below the key 415 level so potential for a weak/choppy day with FAANGMT key to supporting and MSFT&AAPL the Atlas of the premarket. JOLTS at 10:00 ET market moving data.

·          

·         Stocks to watch PFE, MAR, UBER, MSFT, AAPL, TSLA, CHGG, ANET, COIN, DD Spec Names BB, TOP

Pre-800ET
Earnings ANET, CHGG, DD, ITW, MAR, PFE, SFM, STNG

Indices VIX, TLT, /btc, GLD, GDX, faangmt, EFA, XLB, IWM, KWEB, XLE, XLF

S&P500 MAR, HPQ, PFE, ANET, DD, ETSY

IWM SFM, STAG, WRBY, STNG, CHGG, TVTX

WSB UBER, BB, SOFI, COIN, NIO, AFRM, NVDA, BABA, AMZN

Movers TOP, UBER, SFM, STAG, HSBC, ZI, LYFT, DASH, PENN, DELL, LOGI, PI, MAR, PFE, DB, CHGG, TVTX, ANET, DD, BP, INMD, DV, ETSY, GOOS, VSCO

Trade Idea: UBER

In my opinion, UBER is a post earnings name and potential short squeeze.  Premarket 35.5 with 36.4 high. In my analysis, High call open interest at 36 which can lead to a squeeze above.  Pullbacks >=35 may be long entries. Note: Speculative stock with market weak so take care.