.

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 – Mild Posiive  equity global set-up

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

·         Yields: Yields are lower Currencies:  USA +.21% 

·         News:  CDN: Retail Sales

·         Stocks CMA +6% EPS HOG +3.7% Upgrade BABA +1.4% China Stimulus 

·          General: Leading: KWEB, ARKK, USO, XLY Lagging: VXX, EFA, GLD, DIA

·         Overview: USA SPY 453.8 displays support of 450, 448, 445, and 440  with resistance at 455. SPY expected move +/- 2. QQQ 379 with resistance at 380, 385, and 390 and displays support of 375, and 370 . QQQ expected move +/- 3.  Opex today with $2.3T of notional expiring today. Potential for puts bought Thursday leading to bounce today. Premarket leadership in large cap and spec tech, China internet, and earnings names.

·         Stocks to watch  AMZN, TSLA, GOOGL, CMA, HOG, BABA, SLB, AXP  Spec Names  IONQ, RIVN, AI, U, CHWY

Pre-800ET
Earnings CSX, ISRG, AXP, IPG, SLB, COF, CMA, HBAN 

Indices KWEB, ARKK, USO, XLY, QQQ, IWM, SOXX, SMH, XLK, faangmt, VXX, EFA, GLD, DIA

S&P500 CMA, AMZN, WBD, IPG, CSX, ISRG, SLB

IWM RXRX, IONQ, VIR, ENVX, SMCI

WSB BABA, AMZN, RIVN, TSLA, AI, AFRM

Movers EDU, ALV, CMA, HOG, RXRX, IONQ, CHWY, VIR, PDD, BABA, SMCI, AMZN, RIVN, U, TWLO, PATH, AI, KEY, IPG, CSX, AXP, ENVX, SLB, AU

Trade Idea: HOG

HOG upgraded to 47 ahead of July 27 earnings. High call open interest at 38 and 40 can lead to higher levels.  Look for pullback >= 37.5 for long.  Cheap stock with PE 6.5