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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 – Neutral equity global set-up

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

·       Yields: 30Y Bond +.4% Currencies:  USA  -.16%

·       News: USA: JOLTS, Consumer Confidence 10ET Europe: GDP ex-Germany better than expectations
Stocks:   SMCI  +12% FFIV +9% WWD +5.8% GM +7% UPS -6.7% JCI -2% PII -3.5% JBLU -1.8% WHR -4%  eps  
Overview: USA SPY 490.3  support 490 489   and resistance 493.5 495.  SPY expected move +/- 2.2  QQQ 427.3 with resistance  430 431.5 and support  425; expected move 3.3.   USA indices surged Mon on the Treasury funding amount less than forecast but weakening in premarket. Macro factors positive with yields and US$ lower. SMCI earnings providing a lift to AI related names and spec tech.  UPS and WHR earnings are a negative for the traditional economy. JOLTS and consumer confidence 10ET will be market moving. Potential caution into the close with major names reporting after the close.  Look for late day movement in indices today.  Today daily expected move levels: SPY (493.5-489)  QQQ (431.5-424.9), IWM (203.8-195) SPX(4950-4906). 

Stocks to watch MSFT TSLA SMCI FFIV GM SQ UPS AAPL AMZN Spec Names MARA COIN GFI 

Pre-800ET
Earnings   PFE GM MSCI SMCI PHM FFIV WWD GLW  DHR UPS JCI

Indices MSOS faangmt ARKK /btc TLT euro ARKF XLY HACK KWEB USO EEM ICLN XLE XLI EWZ XLV IBB IWM  

S&P500  GM F TSLA NVDA C UPS SLB WHR VTX DHR BKR FDX
Movers SMCI GM KURA CLS RCUS MARA SQ TSLA COIN RIOT STLA NVDA VERA C S CALX UPS SLB WHR JD HAL MNSO PDD CLF TAL DEO VRTX 

Trade Idea: GLW

GLW is a post-earnings idea that has broken out post earnings. Premarket high 32.7 vs expected move 32.5. While above 32.5 potential for  higher to 32 and squeeze above 32. Pullback may be buyable if > 31.