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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 –  Neutral/positive  equity global set-up

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

·         Yields: Yields are higher

·         Currencies:  US $ +.15

·         News: USA: UofM Consumer Sentiment  10ET; Bowman FOMC at 15:00 ET ; UK: GDPm/m  -0.3% vs 0%

·         Stocks NWSA, PBR. EPS. TSL +2% on either TWTR hiring CEO or price increases FSLR +4% on acq,short squeeze

·         General: Leading: Regional banks, biotech, small caps   Lagging: bitcoin, China internet, gold miners, bonds

·         Overview: USA SPY 413.4 displays support of 412.35, 410, and 405 with resistance at 415, 417.3. SPY expected move +/- 2.8. QQQ 326.6 with resistance 330, 328 displays support of 325, 320, 316, and 315. QQQ expected move +/- 2.4. Macro setup is negative with US$ and yields higher. USA equities indicating a rotation into laggards /  shorted areas with financials and small cap names bid. FAANGMT being led by TSLA, META with others muted. Consumer sentiment data 10AM will be market moving with focus on inflation expectations

·         Stocks to watch FSLR, TSLA, NWSA, IEP, MT, FCX, FOXA, JD     

Spec Names AMLX, NNOX. VKTX

Pre-800ET
Earnings NWSA. PBR

Indices KRE, XBI, XLF, XLY, IWM, ICLN, DIA, ARKK, XLU, XLE, /btc, KWEB, VXX, GDX, EEM, GLD, TLT

S&P500 FSLR, NWSA, TSLA, CMA, ZION, FOXA

IWM AMLX, NNOX, BE, CPRX, ARWR, RIOT, MSTR

WSB TSLA, UPST, AFRM, RIVN, BABA, RIOT

Movers AMLX, FSLR, IEP, WAL, NNOX, TSLA, VKTX, MT, BE, EQNR, KSS, XPEV, AU, BILI, JD, RIOT, BABA, TWLO, GFI, SE

Trade Idea: FSLR

In my opinion, FSLR in play with a larger than expected move on a small acquisition. Potential short squeeze idea with long over premarket high 193.75 or  pullback >= 190.  Below 190 could be a fade. Upside target 200 which is a gap fill. Other solar names like RUN, ENPH worth watching. Note short squeeze idea not fundamental