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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 – positive set-up

·       Commodities: Gold, Silver, Copper, Palladium, Oil, natgas, AGGS, Bitcoin

·       Yields: 30Y Bond +0.22%, Currencies: USA$-0.10%, CAD -0.17%, YEN -0.02%, BTC/USD+0.24%, Vix:19.95

·       Events USA: Payroll report 830ET
Stock News: MNST+4.5%, RKLB+6.7%, SONY+2.5%, AKAM+24%, FLNC+23%, NET-17.4%, CRWV-6.2%, COIN-2.9%, FLR-3%, TTD-13%, KODK-9.9% Earnings
Equity: USA indices bounced overnight yet again after dipping Thurs with missiles being fired in SoH, which WH says is no big deal and that the ceasefire is still on. Therefore, sell oil and US$, which is positive for metals, bonds, and equities. Premarket, it’s buy the dip in AI stocks and semis and sell software. MAGS are led by TSLA, AAPL, with GOOGL, MSFT lagging.  Large earnings reactions: Software:  NET, HUBS, TTD lower and AKAM higher AI data center: CRWV lower IREN higher Space: RKLB higher. Other notable names MNST, SONY higher. One can watch the reaction in RTH for continuation or reversal. SPX 0DTE is well supported 7430-7220. Thurs 60% of SPX flow was 0DTE, which indicates a lack of longer-term commitment.  Non-farm payrolls print is usually market-moving, and watch for more tweets on missiles or imminent deals.

·       Stock AAPL, TSLA, QCOM, AKAM, TTD, COIN Speculative IREN, RKLB,  CRWV, UPWK, HUBS
Indices SLV, UFO, SMH, AIPO, GDX, KWEB, ARKX, XLK, QQQ, XME, NUKZ, SPY, USO, ETHE, IGV, US$

S&P500 AKAM, QCOM, MU, GLW, SNDK, LITE, COHR, AMD, AVGO, TSLA, TTD, COIN, PFE, ORCL
Other  INOD, FLNC, IREN, RKLB, AAOI, AXTI, HIMX, BE, BIDU, XNDU,  UPWK, HUBS, NET, TOST, CRWV, GMAB, UMC, ZLAB

AAPL

AAPL is one of the leading MAGs premarket with Wedbush the perennially bullish setting a 400 price target and AAPL CEO to accompany Trump to China. AAPL is at the top of the weekly expected  move so extended with potential for pullback but while > 290 can squeeze towards a large option strike at 300 over the next 2 weeks.