.

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

Market Setup- Pre-730ET

Global Markets: USA, Europe, Japan, China, Hong Kong – Neutral set-up

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

·       Yields: 30Y Bond -0.03% Currencies: USA$ +0.17%, CAD -0.13%, YEN-0.19%, BTC/USD+4%, Vix: 20.8

·       Stocks: CLF+9%, SMMT-5.4%, HBT EPS
Events: China: Industrial production Y/Y and GDP Q/Y better than expected but retail sales Y/Y weaker.
Equity: USA indices higher premarket with volatility falling due to absence of any negative Trump tweets.  In absence of news the hedge fund short names and popular retail sectors are leading with IWM, bitcoin, ARKG, ARKK, UFO top of my leader board. MAGS are led by AAPL after iPhone17 report but all positive despite AMZN AWS issues. Semis are being squeezed with MU AMD TSM strong. Speculative rare earth names UAMY CRML having another squeeze attempt. Bitcoin weekend pop has the monkeys chasing the miners and treasury companies.

SPY 666 Resistance 668 670 Support 664 660, QQQ 606 Resistance 607 610 611 Support 605 600
Daily Expected Move. SPX(6716-6612), SPY(670-659) QQQ(611-597)  IWM(246-240)

Stocks to watch MU, TSLA, AAPL, AMD, SMCI, ORCL, NVDA, MU Speculative UAMY, CLF, CRML, CLSK
 Pre-800ET
Indices ETHE, UNG, IBIT, XME, ARKG, ARKQ, UFO, MSOS, QTUM, ARKF, /CL, TLT

S&P500 SMCI, MU, AMD, INTC, AAPL, TSLA 

Other CELC, UAMY, CLF, CRML, CLSK, SMR, BMNR, CIFR, MARA, EOSE, RKLB, IBIT 

TSLA

TSLA reports earnings this week and may see a run into earnings . Above 440 target 445 and 450 with daily move ~18. Higher premarket, once can consider momentum long > 445 or look for pullback to 440. Expected move into EOW +/-36 post earnings.