Thursday Watch

Night Trading 

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

• Asia Ex-Japan Investment Grade CDS Index 58.25 -.25 basis point.

• China Sovereign CDS 29.0 -.25 basis point.

• Bloomberg Emerging Markets Currency Index 62.39 +.03%.
• Bloomberg Global Risk-On/Risk Off Index 1,375.0 -10.0 points.
• Volatility Index(VIX) futures 24.45 -.71%
• FTSE 100 futures +.26%.

• S&P 500 futures +.13%.

• NASDAQ 100 futures +.05%.

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

• None of note
  

Other Potential Market Movers

• The Japan Unemployment Rate and the Bloomberg Weekly Consumer Comforit Index could also impact trading today.

Market Hours
Normal:

• 9:30 am - 1:00 pm EST
  

BOTTOM LINE: Asian indices are mostly higher, weighed boosted by commodity and technology shares in the region. I expect US stocks to open modestly lower and to rally into the afternoon, finishing mixed. The Portfolio is 50% net long heading into the day.