Thursday, November 22, 2012

Friday Watch

Night Trading
  • Asian equity indices are -.25% to +.75% on average.
  • Asia Ex-Japan Investment Grade CDS Index 115.5 -6.75 basis points.
  • Asia Pacific Sovereign CDS Index 85.0 -3.75 basis points.
  • FTSE-100 futures -.04%.
  • S&P 500 futures +.24%.
  • NASDAQ 100 futures +.23%.
Morning Preview Links

Earnings of Note

Company/Estimate
  • None of note
Economic Releases
  • None of note
Upcoming Splits
  • None of note
Other Potential Market Movers
  • The Germany GDP report could also impact trading today.
BOTTOM LINE: Asian indices are mostly higher, boosted by technology and real estate shares in the region. I expect US stocks to open modestly higher and to maintain gains into the afternoon. The Portfolio is 75% net long heading into the day.

1 comment:

theyenguy said...

The stocks seen in the linked Finviz portfolio/screener are worthy of short selling towards the end of the day as stocks will be trading lower next week; these include the following: LPX, IP, BLL, SYT, AME, SNA, VMI, RS, WOR, ACET, EMN, GRA, GGC, IR, FBHS, LUX, HD, LZB, SHW, ETH, DLPH, ARMH, CREE, SPNC, CYBX, HAE, USG, MAS, NTK, WGO, URI, RMD, POOL, CAKE, CUK, LAD, ABG, ITW, KUB, THO, WHR, LL, EXP, SSI, CPSS, AGM, MMS, FLT, RAX, CSV