Night Trading
- Asian equity indices are -.5% to +.25% on average.
- Asia Ex-Japan Investment Grade CDS Index 69.25 -.75 basis point.
- China Sovereign CDS 39.25 -.25 basis point.
- Bloomberg Emerging Markets Currency Index 66.10 +.02%.
- FTSE 100 futures unch.
- S&P 500 futures -.09%.
- NASDAQ 100 futures -.12%.
Earnings of Note
Company/Estimate
Before the Open:
- (ABB)/.25
- (ALXN)/2.47
- (ANTM)/4.82
- (BX)/.55
- (BA)/2.14
- (BSX)/.38
- (CAT)/2.90
- (CLF)/.26
- (CMC)/.70
- (LLY)/1.41
- (FCX)/.01
- (GD)/3.06
- (HLT)/1.02
- (KNX)/.48
- (NDAQ)/1.21
- (NSC)/2.59
- (OC)/1.51
- (PNR)/.55
- (WGO)/1.01
After the Close:
- (ALGN)/1.14
- (AMP)/4.09
- (CP)/4.50
- (EBAY)/.64
- (FFIV)/2.55
- (F)/.26
- (LRCX)/3.02
- (LSTR)/1.41
- (LVS)/.75
- (MSFT)/1.24
- (ORLY)/4.79
- (PYPL)/.62
- (RJF)/1.91
- (RHI)/1.00
- (NOW)/.89
- (TSLA)/-.28
- (VMI)/2.30
- (VAR)/1.21
- (XLNX)/.92
Economic Releases
9:00 am EST
- The FHFA House Price Index MoM for Aug. is estimated to rise +.3% versus a +.4% gain in July.
10:30 am EST
- Bloomberg
consensus estimates call for a weekly crude oil inventory gain of
+2,397,330 barrels versus a +9,281,000 barrel gain the prior
week.Gasoline supplies are estimated to fall by -2,106,550 barrels
versus a -2,562,000 barrel decline the prior week. Distillate
inventories are estimated to fall by -2,711,550 barrels versus a
-3,823,000 barrel decline the prior week. Finally, Refinery Utilization
is estimated to rise by +.96% versus a -2.6% decline prior.
Upcoming Splits
- None of note
Other Potential Market Movers
- The Japan manufacturing data, $41B 5Y T-Note auction, weekly MBA Mortgage Applications report, Zuckerberg(FB) testimony to House regarding Libra and the (HPE) analyst meeting could also impact trading today.
BOTTOM LINE:
Asian indices are slightly lower, weighed down by technology and
commodity shares in the region. I expect US stocks to open mixed and to
weaken into the afternoon, finishing modestly lower. The Portfolio is
75% net long heading into the day.
No comments:
Post a Comment