Friday Watch

Night Trading

• Asian equity indices are -1.25% to -.5% on average.

• Asia Ex-Japan Investment Grade CDS Index 59.75 +.5 basis point.

• China Sovereign CDS 30.75 +.5 basis point.

• Bloomberg Emerging Markets Currency Index 61.61 -.08%.
• Bloomberg Global Risk-On/Risk Off Index 2,960.0 -12.0 points.
• Volatility Index(VIX) futures 23.9 -1.44%.
• FTSE 100 futures n/a

• S&P 500 futures +.24%.

• NASDAQ 100 futures +.25%.

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 German PPI report and the (UEIC) could also impact trading today.

Market Hours
Normal:

• 9:30 am - 4:00 pm EST
  

BOTTOM LINE: Asian indices are lower, weighed down by technology and energy 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 day.