Sunday, July 18, 2021

Monday Watch

Today's Headlines
Bloomberg:                   
Wall Street Journal:
Fox News:  
CNBC:
Zero Hedge: 
MarketWatch.com:         
NewsMax: 
TheGatewayPundit.com:
Covid-19(Data, Maps, Graphs):
Night Trading
  • Asian indices are -1.25% to -.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 84.5 unch.
  • China Sovereign CDS 37.5 unch.
  • Bloomberg Emerging Markets Currency Index 60.05 -.09%.
  • Bloomberg Global Risk-On/Risk Off Index 2,820.0 -46.0 points.
  • Volatility Index(VIX) futures 20.96 +1.6%. 
  • Euro Stoxx 50 futures -.65%.
  • S&P 500 futures -.40%.
  • NASDAQ 100 futures -.24%

Earnings of Note
Company/Estimate

Before the Open:
  • (AN)/2.57
  • (CALM)/.26
  • (PLD)/.99
  • (TSCO)/2.96
After the Close:
  • (IBM)/2.29
  • (JBHT)/1.57
  • (PPG)/2.19
  • (STLD)/3.46
  • (ZION)/1.26
Economic Releases
10:00 am EST
  • The NAHB Housing Market Index for July is estimated to rise to 82 versus 81 in June.
Upcoming Splits
  • (NVDA) 4-for-1
Other Potential Market Movers
  • The Japan inflation data report could also impact trading today.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST
BOTTOM LINE: Asian indices are lower, weighed down by commodity and technology shares in the region. I expect US stocks to open modestly lower and to maintain losses into the afternoon.  The Portfolio is 50% net long heading into the week.

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