Night Trading
- Asian indices are -.75% to +.25% on average.
- Asia Ex-Japan Investment Grade CDS Index 135.0 -1.25 basis points.
- Asia Pacific Sovereign CDS Index 86.0 +.5 basis point.
- S&P 500 futures +.20%.
- NASDAQ 100 futures +.14%.
Earnings of Note
Company/Estimate
- None of note
Economic Releases
- None of note
- (MDVN) 2-for-1
Other Potential Market Movers
- The China August Retail Sales/Industrial Production/FDI reports, Eurozone Industrial Production report, UBS Transport/Leisure conference and the (MYGN) analyst day could also impact trading today.
BOTTOM LINE: Asian
indices are mostly lower, weighed down by technology and
industrial shares in the region. I expect US stocks to open modestly
higher and to weaken into the afternoon, finishing modestly lower. The Portfolio is 50% net long heading into the week.
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