Sunday, October 08, 2017

Monday Watch

Night Trading
  • Asian indices are unch. to +.75% on average.
  • Asia Ex-Japan Investment Grade CDS Index 77.75 unch.
  • Asia Pacific Sovereign CDS Index 16.50 -1.5 basis points.
  • Bloomberg Emerging Markets Currency Index 73.22 -.10%.
  • S&P 500 futures +.13%.
  • NASDAQ 100 futures +.18%.

Earnings of Note
Company/Estimate
  • None of note
Economic Releases 
  • None of note
Upcoming Splits
  • None of note
Other Potential Market Movers
  • The China Manufacturing PMI report and the (PSMT) monthly sales report could also impact trading today.
BOTTOM LINE: Asian indices are mostly higher, boosted by financial and industrial 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.

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