Monday, June 14, 2021

Monday Watch

Today's Headlines
Bloomberg:           
Wall Street Journal:
Fox News:
CNBC: 
Zero Hedge: 
MarketWatch.com:   
TheGatewayPundit.com:
Night Trading
  • Asian indices are -.25% to +.5% on average.
  • Asia Ex-Japan Investment Grade CDS Index 82.75 -1.0 basis point.
  • China Sovereign CDS 35.5 unch.
  • Bloomberg Emerging Markets Currency Index 61.71 -.04%.
  • Bloomberg Global Risk-On/Risk Off Index 3,3352.0 +34.0 points.
  • Volatility Index(VIX) futures 18.80 -.27%. 
  • Euro Stoxx 50 futures +.22%.
  • S&P 500 futures +.08%.
  • NASDAQ 100 futures +.17%

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 Industrial Production report and the Credit Suisse Communications Conference could also impact trading today.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST
BOTTOM LINE: Asian indices are mostly higher, boosted by technology and industrial shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher.  The Portfolio is 75% net long heading into the week.

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