.

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, Copper,  Palladium, Oil, natgas, AGGS,  Bitcoin

      •        Yields: 30Y Bond -0.11%  Currencies:  USA$ -0.44% CAD +0.07% YEN +0.34%  BTC/USD+2.15%  Vix:24.3

      •        Events:USA: Oil below 90 and equity bounced after Trump comments on war end close
Stock News:NIO+6% BNTX-18% KSS-2%  Earnings 
Equity:  USA markets squeezed higher after Trump comments late in the day that the Iran war is close to an end. Resulted in oil, US$ falling and equity bouncing with large cap growth outperforming. Foreign markets are playing catch up and USA markets are profit taking with small caps leading to the downside. MAGs are generally lower with TSLA only one higher and NVDA leading to the downside. The Iranian war is still unresolved and oil is still high despite the Mon pullback. As long as missiles are still flying and tanker traffic is reduced, the market will remain on edge and as yesterday demonstrated, sharp moves on news are to be expected. Equity market is trading inverse to oil prices and the US$ which are moving on the war situation which is still unknown. Vix futures remain inverted indicating institutions are still short term hedged. VRT, LITE, COHR, SATS are being added to the S&P500 Mar 23 and are seeing some forced buying. ORCL is reporting after the close and will be an important mover of the AI and software cloud space.

      •       
Stock ORCL CRWD LITE COHR  NVDA PLTR TLT    Speculative ASTS PBR
Indices IBIT SLV ETHE KWEB MSOS GLD UNG GDX  /CL ARKG IWM TLT SMH XBI XLE XLF

S&P500 VRTX BG BWA CRWD ROL RLV HRL SWK   STT ODFL SHW QCOM GDDY IVZ MRNA BIIB BAX SPG
Other RIVN LITE COHR SAN ERIC BABA MSTR ASTS AG HL  BNTX PBR NVO CUK TTL MRVL

COHR

COHR is an optical company that is being added to the S&P500. NVDA is an investor in the company as optical interconnect is increasing in importance as AI processing speeds increase. Stock has already had a big move on the announcement hence one can look for weakness to enter. Upside call buyers are targeting 285/290