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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 – Neutral set-up

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

·       Yields: 30Y Bond +0.16% Currencies: USA$ +0.02%, CAD +0.06%, YEN-0.05%, BTC/USD-0.49% Vix: 17.55

·       Stocks: PEP+0.15%, DAL+6%, TLRY+14%, NEOG+6.5%, HELE-17.5% EPS
Events: USA: Bessent and Fed speakers; 30Y auction 13ET
Equity: USA indices neutral premarket post-Wed pop driven by tech. No economy today, but Bessent speaking premarket.  NVDA is leading the MAGS with a price target raise to $300, and TSLA is lagging on news NHTSA is investigating FSD traffic violations. DAL has moved above the expected move and can watch the airlines which have high short interest. PEP flat post reporting earnings -2% y/y. TLRY jumped post earnings, where it actually made a profit. Copper and Palladium are popping while silver and gold take a break. NVO buying AKRO may add fuel to the biotech sector. Spec tech names: Rare earth (CRML, MP, UUUU) Battery (EOSE) are trading higher premarket. SPX 0DTE largest levels to watch are 6775 and 6720, likely one will be hit today
 
SPY 673.1 Resistance 675 Support 672 671 670, QQQ 611.3  Resistance 613 615  Support 610 607 605
Daily Expected Move. SPX(6784-6724), SPY(676-670), QQQ(615-607),  IWM(249-245)

Stocks to watch AMD, SLV, FCX Speculative CFLT, ASTS, CRML, QS RKLB, SRPT, PL, JOBY, NNE, RDW
Pre-800ET
Indices SLV, XME, XBI, IYT, NUKZ, QTUM, MSOS, ETHE, OIL, XLY, ARKK, IBIT

S&P500 DAL, FCX, NVDA, AMD, PYPL, TSLA, SMCI, MU, PLTR

Other AKRO, PATH, CRML, USAR, DAL, BILI, AAL, ZETA, ORBS, UUUU, MP, CCCX, FCX, CIFR, PGY, EOSE, OKLO, BULL, SBET, WRD, ONDS, XPEV, TSLA, BMNR, BABA, NVO, SMCI, CRWV, RKLB

POET

POET is a very speculative name that develops photonic packaging solutions with application to connecting very high speed devices to optical e.g. NVDA devices. Leap buyers active at 10 and 15 strike. Stock is extended and ideally a pullback would be a better entry. Expected move into Fri is +/-1.5 so expectation is for a large move. While above 9 potential to squeeze to 10 and higher but below 9 could drop to 8 so risky. Canadian company, which is rare in the space and has been around since 1972.