Sunday, December 06, 2020

Monday Watch

Today's Headlines
Bloomberg:          
Wall Street Journal:
Fox News:
CNBC:
Zero Hedge: 
MarketWatch.com:  
NewsMax:  
TheGatewayPundit.com:
The Epoch Times:
Politico:
Daily Caller:
ProtectTheVote.com: 
HereIsTheEvidence.com:
Digital Blackboard:
Worldometer:
Rt Covid-19:
KFF:
Night Trading
  • Asian indices are -.25% to +.5% on average.
  • Asia Ex-Japan Investment Grade CDS Index 57.0 -.5 basis point.
  • China Sovereign CDS 28.75 -.5 basis point.
  • Bloomberg Emerging Markets Currency Index 61.28 .
  • Bloomberg Global Risk-On/Risk Off Index 1,604.0 +20.0 points.
  • Volatility Index(VIX) futures 24.20 -.10%. 
  • Euro Stoxx 50 futures -.03%.
  • S&P 500 futures -.03%.
  • NASDAQ 100 futures +.15%.

Earnings of Note
Company/Estimate

Before the Open:
  • (JKS)/.85
After the Close:
  • (CASY)/2.82
  • (COUP)/.03
  • (HQY)/.36
  • (SFIX)/-.17
  • (TOL)/1.22
Economic Releases
3:00 pm EST
  • Consumer Credit for Oct. is estimated to rise to $17.5B versus $16.214B in Sept.
Upcoming Splits
  • None of note
Other Potential Market Movers
  • The German Industrial Production report, Raymond James Tech Conference and the UBS Media/Telecom/Communications Tech Conference could also impact trading today.
Market Hours
Normal:
  • 9:30 am - 4:00 pm EST
BOTTOM LINE: Asian indices are mostly higher, boosted 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 50% net long heading into the week.

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