Thursday, December 26, 2019

Friday Watch

Night Trading 
  • Asian equity indices are -.25% to +.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 53.0 unch.
  • China Sovereign CDS 32.0 +.75 basis point.
  • Bloomberg Emerging Markets Currency Index  66.45 +.01%.
  • FTSE 100 futures n/a.
  • S&P 500 futures +.08%.
  • NASDAQ 100 futures +.18%.

Earnings of Note 
Company/Estimate
Before the Open:
  • None of note
After the Close:
  • None of note
Economic Releases 
  • None of note
Upcoming Splits
  • None of note
Other Potential Market Movers
  • The UK House Price Index could also impact trading today.
Market Hours
Normal:
  • 9:30 am - 4:00 pm EST
BOTTOM LINE: Asian indices are slightly higher, boosted by technology 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 day.

No comments: