Sunday, June 19, 2016

Monday Watch

Night Trading
  • Asian indices are +.5% to +1.5% on average.
  • Asia Ex-Japan Investment Grade CDS Index 144.25 -3.25 basis points.
  • Asia Pacific Sovereign CDS Index 53.75 -.75 basis point.
  • Bloomberg Emerging Markets Currency Index 71.92 +.20%.
  • S&P 500 futures +1.03%.
  • NASDAQ 100 futures +1.03%.

Earnings of Note
  • None of note
Economic Releases
  • None of note
Upcoming Splits
  • (SSNC) 2-for-1
  • (CORE) 2-for-1
Other Potential Market Movers
  • The Fed's Kashkari speaking, German PPI report and the Australia Home Price Index  could also impact trading today.
BOTTOM LINE: Asian indices are higher, boosted by industrial and technology shares in the region. I expect US stocks to open modestly higher and to maintain gains into the afternoon. The Portfolio is 50% net long heading into the week.

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