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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 – Positive equity global set-up

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

·         Yields: 30Y Bond +.5% Currencies:  USA  -.15% 

·         News: USA: Retail Sales; UE claims, Empire state Mfg, Philly Fed 830ET; Ind Prod 915ET; Waller 1315ET;  JPN: GDP q/q -0.1% UK: GDP q/q -0.3%
Stocks:  CSCO -4%, ALB -3.9%, DE -3.5%, FSLY -19%, YETI -14%,     SHAK +22%, FROG +18%, CROX +7%, UPWK +1%, APP +22%,  eps,  NVDA ,F,  ARM, RXRX +20%,  SOUN, TSP, NNOX, lifting the names
Overview: USA SPY 499.8  support 496 495 and resistance 500 501.  SPY expected to move +/- 2.6, QQQ 434 with resistance  435 436.8 and support  430 425; expected move +/- 3.5. USA indices are positive prior to retail sales and UE claims premarket data which may move markets. USA equity markets are poised risk off with small caps and spec tech leading . All concerns regarding sticky inflation and fewer FED rate cuts supplanted by algos flowing into momentum and high short interest names. AAPL sale by buffet weighing on stock and OpenAI developing websearch weighing on GOOGL – likely overdone but will require money to shift to other MAG7 if QQQ holds up. Japan and UK entering technical recession irrelevant. Breaches of daily expected moves can lead to larger moves LIKE YESTERDAY. Today’s daily expected move levels: SPY (501.2-496),  QQQ (436.8-429.8), IWM (201.8-196.5), SPX(5026.4-4974.8). 

Stocks to watch  ENPH, TSLA, NFLX,  CSCO, GOOGL, AAPL, Spec Names RXRX, APP, CROX, FSLY

Pre-800ET
Earnings  
Indices ARKK, /btc, IPO, IWM, XBI, ARKF, GDX, TLT, SMH, MSOS, VXX, USO

S&P500 ENPH, NEM, AAL, CSCO, PARA, ALB, DE, F, GOOGL, MMM
Movers RXRX, APP, SHAK, FROG, DWAC, CROX, COIN, PTEN, SMCI, STLA, MARA, RUN, CLSK, ENPH, SEDG, CRWD, IONQ, AI, ARM, U, HLF, FSLY, MANU, YETI, PENN, PBF, CSCO, PARA, WEN

Trade Idea: ARKK

ARKK is a way to trade the algo flow into profitless tech and high short interest.  Risk is slew of premarket data which can move markets.  Momentum long > 50.5 or pullback buy > 50