.

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 – slight positive set-up

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

      •        Yields: 30Y Bond -0.17%  Currencies:  USA$-0.01% CAD +0.05% YEN +0.07%  BTC/USD+0.58%  Vix:16.9

      •        Events USA: home sales 10ET 

      •        Stock News SE+4.9%    RKLB-7% ESLT-6%    EPS  
Comments USA indices rising in NY premarket as WTIC fell from a peak of 84.7  after rising premarket with no obvious resolution to SoH. QQQ is leading as monkeys jump back into NVDA and MU and semi sector. INTC outlier semi lower with an increase in share offering.  Neoclouds and AI hardware providers are trading higher before SMCI earnings release AMC. NVDA consortium to raise $500B for datacenters Mon means circular financing is alive and well and can boost AI suppliers and neoclouds since there is obviously no limit to debt.   SE (higher) RIOT (higher) , RKLB (lower) are post earnings names to watch. LITE AMC will be interesting read on the AI optical meme. 10Y yield > 4.7% and WTIC >80 usually provokes a response from WH but I havent seen a tweet so would watch oil when the market opens as equity is following oil. SPX 7750 is the largest 0DTE level which can at as a pivot with 7800 and 7000 potential range. CPI Wed BMO is the big event for the week so may see some moves into the close front running.

Stock NVDA MU SMCI  INTC APP RKLB     Speculative  SE RIOT   ONON
Indices   DRAM SMH ETHE MSOS XLK IBIT QQQ MAGS  KWEB UNG SLV USO XLE

S&P500 SMCI NVDA   APP INTC
Other RIOT SE CLSK CIFR SMCI WULF IREN NBIS ASTS TSM SAN   ONON BG HIMS RKLB USAR RDW APP BABA AAOI

RIOT

RIOT is a post earnings idea with an outsized move and retracing premarket. Signed a deal with Anthropic but missed on earnings. Large call positions at 21.5 and 20 which potentially can lead to a bounce.  21.5 is a high volume level which can act as support.  CLSK, NBIS are sympathy names.