Monday, July 17, 2017

Monday Watch

Night Trading
  • Asian indices are -.25% to +.50% on average.
  • Asia Ex-Japan Investment Grade CDS Index 84.75 -.5 basis point.
  • Asia Pacific Sovereign CDS Index 21.75 unch.
  • Bloomberg Emerging Markets Currency Index 73.43 -.01%.
  • S&P 500 futures +.03%.
  • NASDAQ 100 futures +.10%.

Earnings of Note
  • (BLK)/5.38
  • (JBHT)/.91
  • (BRO)/.47
  • (NFLX)/.16
  • (SCSS)/.05
Economic Releases 
8:30 am EST
  • Empire Manufacturing for July is estimated to fall to 15.0 versus 19.8 in June.
Upcoming Splits
  • None of note
Other Potential Market Movers
  • The Canada Wholesale inventory report could also impact trading today.
BOTTOM LINE: Asian indices are mostly higher, boosted by industrial and technology shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher. The Portfolio is 100% net long heading into the week.

1 comment:

Wealth It Global said...

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Wealth It Global