Friday Watch

Evening Headlines

Bloomberg:            

• Bank of Canada Chief Defends Bond Purchases From Political Attacks.
• Libya’s Oil Comeback Has Legs Even If Reliability Is in Doubt.
• Caution Sets in for Stock Market; Treasuries Climb: Markets Wrap.  
• Race to Recovery, China Stimulus Exit, Swedish Surprise: Eco Day  
• Oil Falls From Eight-Month High on OPEC+ Tensions Before Meeting.  
• Bitcoin Steadies After Biggest Slump Since March Market Meltdown.  
• Holiday Goes Dark in California as Edison Cuts Power.
  

Wall Street Journal:

• U.S. Airports See Busiest Travel Day Since March.
• How Three TikTok Stars Beat Back U.S. Plans to Ban the App.
• Fireworks Over Religious Liberty.
• GM Drives in Political Reverse.
• With Slack, Salesforce Would Put Heat on Microsoft.
• Mexico Arrests Alleged Mastermind of Attack That Killed American Women and Children.

Fox News: 

• Trump insists there was 'massive fraud,' says he will visit Georgia in Q & A with reporters.
• Twitter claims it has reversed ban of link to Sidney Powell's Georgia election lawsuit.
• WaPo story on world's 'dread' about US Thanksgiving celebrations ripped.
  

CNBC.com:

• AstraZeneca and Oxford defend Covid vaccine trials after questions raised in the U.S.
• Google and Facebook to be scrutinized by new U.K. antitrust unit from next year.
• Amazon gives front-line workers a $300 holiday bonus.
• Take a look at the electric trucks coming from Tesla, Rivian, Ford and GM.

Zero Hedge:

• "The Fraud Was Executed By Many Means": Sidney Powell "Releases Kraken" With Dual Lawsuits In Michigan, Georgia
• YouTube Attempts To Silence The Mises Institute.
• Watch: Obama Blames Trump For His Own Border "Cages".
• Black Friday Shoppers Expected To Spend More Online Than In Stores For First Time.
• Illinois Senators Durbin and Duckworth Are Among The Book Burners Happy With Big Tech Censorship.
• Cuomo Calls Supreme Court Ruling On Churches 'Irrelevant'
• 'Kraken' Lawsuit Accuses Iran Of 'Monitoring And Manipulating' 2020 Election, Stoking Deep Dive By Journalist.
• Doctor Who Demanded Mandatory Mask Law Pictured Partying Maskless On Boat Surrounded By Bikini-Clad Women.
• Politico Exposes Secretive Consulting Firm Set To Dominate Biden Cabinet.
• Snitchgiving: Americans Are Being Urged To Report Families Gathering For The Holiday.
• "Zero Masks And Zero Concern": Underground Parties Rage In Los Angeles In Defiance Of COVID-19 Restrictions.
• Disney's Thanksgiving Present: Another 4,000 Layoffs.
• "I Humbly Ask For Your Forgiveness" - Yet Another Democrat Leader Busted Breaking His Own COVID Rules.

Newsmax:

• Newsmax/McLaughlin Poll: Two-Thirds of Nation Back Trump on Recounts.  
• Report: Trump Says He'll Exit if Electoral College Backs Biden.
• Lou Dobbs Scolds 'Dismissive' Fox News Reporter on Fraud Hearing.
• WashPost: Obama Take on Hispanic Evangelical Trump Voters Misses Mark.

@Breaking911:

• TRUMP: “I know one thing; Joe Biden did not get 80 Million votes. — I got 74 Million. 74 Million is 11 Million more than I got last time. — Joe Biden did not beat Barack Obama with the black vote.”“It was a rigged election, 100%... and people know it!” (video)

@SydneyPowell1:

• Thank You President @realDonaldTrump for Re-Tweeting this post which includes my interview with @PatrickByrne! I shared @justin_hart's data showing pattern of 4:00 AM data dumps for Biden ... Piece about clearly algorithmic addition of votes to push Biden over the top in GA and PA WATCH THIS, NOW!

The Epoch Times:

• Chinese Leader Xi Congratulates Biden As Trump Reportedly Moving to Take Tough Action Against Regime.
• Chinese Hacker Reveals How He Helped Beijing Steal Secrets From Foreign Governments, Companies.

ProtectTheVote.com: 

• Serious allegations of misconduct in the 2020 elections have resulted in unprecedented legal action to ensure our elections are -- and remain -- free and fair. Find out where we’re exposing fraud and how you can help.

HereIsTheEvidence.com:

• This is for aggregating publicly available items of voter fraud evidence in the US election that would be admissible in court.
  

Digital Blackboard:

• Daily New Cases by Region.

Worldometer:

• New Cases/Deaths by state.

Rt Covid-19:

• How fast virus is growing by state.

KFF:

• State Data(Tests/Hospitalizations).

Night Trading 

• Asian equity indices are -.5% to +.25% on average.

• Asia Ex-Japan Investment Grade CDS Index 59.25 +.25 basis point.

• China Sovereign CDS 30.25 +.5 basis point.

• Bloomberg Emerging Markets Currency Index 61.23 -.02%.
• Bloomberg Global Risk-On/Risk Off Index 1,286.0 +23.0 points.
• Volatility Index(VIX) futures 22.95 +1.44%
• FTSE 100 futures -.23%.

• S&P 500 futures -.23%.

• NASDAQ 100 futures +.03%.

Morning Preview Links

Earnings of Note 
Company/Estimate 

 

Before the Open: 

• None of note
  

After the Close:

• None of note
  

Economic Releases 

• None of note

Upcoming Splits

• (MKC) 2-for-1
  

Other Potential Market Movers

• The Roche Diagnostics Day could also impact trading today.

Market Hours
Normal:

• 9:30 am - 1:00 pm EST
  

BOTTOM LINE: Asian indices are mostly lower, weighed down by financial 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 50% net long heading into the day.