Monday Watch

Today's Headlines

Bloomberg:         

• Johnson and EU Keep Brexit Talks Alive, Raising Hopes of a Deal.  
• China Pledges Better Supervision of Bond Credit Rating Industry.   
• U.S. Stock Futures Rise, Dollar Slips; Pound Jumps: Markets Wrap.
• Five Things You Need to Know to Start Your Day.
• Mutual Funds Bleed $469 Billion as ETFs Triumph in Zero-Sum 2020.  
• Strategists in a Major Struggle to Reach a 2021 Stock Consensus.  
• Deutsche Bank May Move Half of New York Staff Elsewhere.  
• Oil Rises From the Ashes as the Big Coronavirus Recovery Trade.
• Gold Steadies as Investors Track Vaccine Rollout, Stimulus Talks.  
• Lawmakers to Unveil $908 Billion Pandemic Relief Plan Monday.

Wall Street Journal:

• Next Step Is Getting People to Take Vaccine.
• Another Green Subsidy Bust.
• Hong Kong’s Freedom Fighters.
• U.S. Poised for Wave of Evictions in January.
• One of the Pandemic's Big Winners: Hunting.
• Rollout Will Cost States Billions They Don’t Have.
• Sizzling Tech IPO Market Leaves Investors Befuddled.
• The Fate of Home Exercise Equipment When Covid-19 Ends.
• Warning Signs in the Best-Managed Companies.
• Elliott Management Has Significant Stake in Public Storage.

Fox News:

• White House confirms reports of cyberattack on US Treasury Dept. by foreign government; FBI probing.

CNBC:

• Former Cuomo staffer accuses NY governor of sexually harassing her for years — he denies it.
• Companies that help the web stay speedy are having a moment.
• Coronavirus updates: Pfizer vaccine shipping to all 50 states today with delivery expected Monday.
  

Zero Hedge: 

• NIH Director Begs Americans To Swallow Vaccine Skepticism As Bill Gates Eyes Unofficial Role.
• Here Is The Little-Known Provision In The CARES Act That Could Trigger A Year-End "Selling Deluge".
• The 'Hannibal Trap' Will Crush Global Wealth.
• Deutsche Bank Warns 50% Of NYC Bankers Might Be Headed To Jacksonville In Latest Cost Cuts.
• The Biggest Janet Yellen Red Flag Is George Akerlof.
• Pound Jumps In Early NJ's Murphy Warns Next Few Weeks "Are Going To Be Hell"; Germans Furious Over Christmas COVID Lockdown: Live Updates Trading After Brexit Talks Extension.
• Irrational Exuberance – The Bulls Remain In Control.
• Ultra-High-End Shopping Explodes As Wealthy Splurge On Luxury Goods.
• 48% Of US Small Businesses Fear That They May Be Forced To "Shut Down Permanently" Soon.
• Night Of Chaos: 4 Stabbed, 23 Arrested After Proud Boys & Antifa Clash in Washington.
• London & Brussels Agree To One Last Round Of Trade Talks As Optimism For A Deal Sours.
• Why Did The WHO Bury This Damning Report On Italy's COVID-19 Response?
• A Secret Agreement That Allows Chinese Spies To Roam Free In Switzerland Was Exposed This Week.
• Massive Riot Breaks Out At India iPhone Factory Over Unpaid Wages.
• No Need For Vaccine This Year: Australia's Chief Medical Officer.
• 2020 Is Ending With 93% Of Global Economies Contracting... And With Markets At All Time Highs.
• Newt Gingrich On Georgia Runoff: "We Need To Win By A Bigger Margin Than The Left Can Steal".
• People Were Pouring Out Of US Cities Like LA And New York Even Before COVID Started.
  

NewsMax:  

• Republicans Angry, Energized for Crucial Georgia Senate Vote.
• Dick Morris: Dems Preemptively 'Intimidated' SCOTUS on Packing.
• Thousands of Trump Supporters again Rally in Washington.
• Grenell: Gang of Eight Should Probe Swalwell's Ties to China.

TheGatewayPundit.com:

• THIS IS HUGE: “It’s a Real Simple Fact to Prove that There Was Massive Fraud in This Election” – Inventor of QR Code Can Prove It.
• MUST SEE: Evidence? Election Night Errors Caught on Video – Retweeted by Sidney Powell (VIDEO).
• Antifa Seen Cowering Behind the Police Last Night in DC After Being Confronted by the Proud Boys.
• Crazy Liberal Wisconsin Supreme Court Justice, Jill Karofsky, Claims Trump Case Is “Racist” and Is Filed to “Overturn the Election So Your King Can Stay In Power”.
• The Investigation Into Hunter Biden and China Is Suddenly Discovered by the Liberal Media – Why Is This All Coming Out Now?

@kylenabecker:

• CHINA. "There has now been a major leak of official records from the Chinese Communist Party. It is believed to be the first leak of its kind in the world." Massive database of 2.4 mln targets of Zhenhua Data was *LEAKED.* The list includes Australians, Britons & Americans. (video)
• GEORGIA. "Democrats are prepared to win this election... We know from the numbers we are in a good place. 1.2 million absentee ballots have been requested thus far... 1.3 million were requested for all of the general election," Stacey Abrams said. GEORGIA HAS LEARNED NOTHING.

@SidneyPowell1:

• Because #Georgia is hiding massive fraud and corruption that includes the state's highest elected officials "People who have nothing to hide hide nothing." - www.Kr@kenWood.com The documents are available there. Twitter banned link.
• Important new evidence of #Georgia #ElectionFraud. Anyone having trouble finding #Evidence of fraud, read the exhibits to #SupremeCourt docs http://SidneyPowell.com.

Geller Report: 

• LOOK Who Owns Dominion Voting Systems: Politically Motivated PRIVATE Equity NY Hedge Fund.

The Atlantic:

• The End of the Filibuster—No, Really. Many activists will not tolerate a Democratic-controlled Senate that allows Republicans to block legislation next year.

Politico:

• AOC Lays Out Progressive Wish List for Biden.

Glenn Beck:

• Elizabeth Warren’s ‘progressive wish list’ will destroy America. (video)

Daily Caller:

• Trump Urges Supporters Not To Boycott Georgia Senate Elections. President Donald Trump urged his supporters not to boycott the upcoming runoff Senate elections in Georgia on Friday, saying a boycott would be “playing right into the hands” of Democrats.

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 indices are -.25% to +.5% on average.
• Asia Ex-Japan Investment Grade CDS Index 58.5 +.25 basis point.
• China Sovereign CDS 29.25 +.25 basis point.
• Bloomberg Emerging Markets Currency Index 62.37 -.04%.
• Bloomberg Global Risk-On/Risk Off Index 1,258.0 +57.0 points.
• Volatility Index(VIX) futures 25.10 -1.86%. 
• Euro Stoxx 50 futures +.72%.
• S&P 500 futures +.51%.
• NASDAQ 100 futures +.39%.

Morning Preview Links

Earnings of Note

Company/Estimate

Before the Open:

• None of note
  

After the Close:

• (EZPW)/-.09
  

Economic Releases

• None of note
  

Upcoming Splits

• None of note
  

Other Potential Market Movers

• The Electoral College Certification day, China Yuan loan data report and the (AEIS) investor 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 financial and commodity shares in the region. I expect US stocks to open modestly higher and to weaken into the afternoon, finishing mixed.  The Portfolio is 50% net long heading into the week.