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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

**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: Long Yields lower Currencies:  USA -.06%

·       News:  USA: CPI 8:30ET; EUR: GDP -.1% q/q; ZEW 9.8% vs 6.1%
Stocks:  HD +.9% SE -11% ONON -9% CSIQ -13%  Earnings reactions 
Overview: USA SPY 440.6  support 437.5 435  and resistance   441 445 450  SPY expected move +/- 3.3   QQQ 378.2 with resistance   378.8 380 385 and support   375 370. QQQ expected move +/- 3.7.  *** Post CPI *** USA CPI 0.0% m/m below expectations leading to the expected drop in yields, US$ and move higher in commodities and USA listed stocks. Riskier equities tend to benefit and currently IWM and Nasdaq stocks are moving the most. Today’s daily expected move levels: SPY (443.5-436.9 QQQ (380.9-373.7), IWM (170.9-167.4) SPX (4444.35-4378.75). 

·       Stocks to watch TSLA, HD, TECK, KTOS, SNAP, CSIQ, ONON, SE     

·       Spec Names IONQ, PLUG, SHOP, NET, UPST 

Pre-800ET
Earnings   HD, BZ, SE, CSIQ, ONON, CAMT, VIPS, ENR

Indices EWZ, ARKK, GDX, XLY, JETS, SOXX, TLT, QQQ, /btc, KWEB, USO, XLV, VXX, UUP

S&P500 TSLA, MOS, CTLT, KHC, TTWO, VFC, HD, CF

IWM KTOS, AMRC, SGRY, HLF, FRO, MSTR, ENR 

WSB TSLA, MSTR, COIN
Movers SNAP, TECK, KTOS, XPEV, FMS, BZ, BEKE, MOS, TSLA, KHC, AU, PBR, TSEM, CSIQ, SE, ONON, CAMT, EQNR, VIPS, FRO, AER, DV, LI, COIN

Trade Idea: TSLA

Low CPI print is leading to short covering and outperformance of the most beaten down stocks. TSLA was strong Monday and leading Tues. Expected daily move 229.4-218.1 currently above the expected move so may run with 235 240,245 targets. Very stretched so reversal possible