Monday, December 27, 2010

Monday Watch


Night Trading
  • Asian indices are -.25% to +.50% on average.
  • Asia Ex-Japan Investment Grade CDS Index 104.0 +1 basis point.
  • Asia Pacific Sovereign CDS Index 104.0 +.5 basis point.
  • S&P 500 futures -.18%.
  • NASDAQ 100 futures -.11%.
Morning Preview Links

BOTTOM LINE:
Asian indices are mostly higher, boosted by technology and financial shares in the region. I expect US stocks to open modestly lower and to rally into the afternoon, finishing modestly higher. The Portfolio is 100% net long heading into the week.

No comments: