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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 +.26% Currencies:  USA  +.06% 

·         News: USA: FOMC Barkin Bowman  UK: Bailey 13ET
Stocks:  MNDY -10%, TRMB -5.8%  eps
Overview: USA SPY 501.2  support 500 498   and resistance 504 505.  SPY expected move +/- 2.6 QQQ 437.3 with resistance  440  and support  435 433; expected move +/-3.3 USA indices are flattish premarket with leadership yet again by small caps and speculative tech (IPO, ARKK). Macro factors are supportive with long yields lower, US$ flattish and oil lower. Pre-earnings runners to watch today: ANET HOOD, SHOP, CDNS. AI basket including NVDA AMD SMCI is still running. Incessant call buying in AI and MAG7 last week and look to see if it continues. Premarket SPY 495 remains the key level.   Today’s daily expected move levels: SPY (503.8-498.6),  QQQ (440.4-433.8), IWM (201.4-197.2), SPX(5052.8-5000.4). 

Stocks to watch: NVDA, AMD, SHOP,  ARKK, IWM, EXPE, AFRM,  

Spec Names: ANET, SMCI, VKTX, AI,  RIVN 

Pre-800ET
Earnings:   MNDY, TRMB
Indices: MSOS, /btc, TAN, IWM, TLT, SMH, GDX, ARKK, USO, VXX, GLD, JETS

S&P500: ANET, ENPH, CDNS, FANG, TRMB, C
Movers: ANET, TEVA, KD, FRO, HOOD, AI, PATH, SMCI, SHOP, VRT, VKTX, CLSK, ENPH, CDNS, MNDY, MANU, RIVN, TRMB, AZN, ASML, U, MARA, PLTR, BSM

Trade Idea: SHOP

SHOP reports earnings Feb13 BMO and potential run into earnings name. Premarket high 92.99 can be used for momentum long or pullback >=90. High call OI at 95 is potential resistance and above 95 target is 100.