Thursday, September 23, 2021

Friday Watch

Evening Headlines

Bloomberg:           
Wall Street Journal:   
Fox News:  
Zero Hedge:
TheGatewayPundit.com:
Night Trading 
  • Asian equity indices are unch. to +.5% on average.
  • Asia Ex-Japan Investment Grade CDS Index 83.0 -1.75 basis points.
  • China Sovereign CDS 42.25 -.75 basis point.
  • Bloomberg Emerging Markets Currency Index 59.44 +.01%.
  • Bloomberg Global Risk-On/Risk Off Index 2,981.0 -96.0 points.
  • Volatility Index(VIX) futures 20.6 -.24%.
  • FTSE 100 futures +.16%.
  • S&P 500 futures +.06%
  • NASDAQ 100 futures unch. 
Morning Preview Links

Earnings of Note 
Company/Estimate 
 
Before the Open: 
  • (CCL)/-1.36
After the Close:
  • None of note
Economic Releases
10:00 am EST
  • New Home Sales for Aug. is estimated to rise to 715K versus 708K in July.
Upcoming Splits
  • None of note
Other Potential Market Movers
  • The Fed's Powell speaking and the Eurozone CFTC data could also impact global trading today.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST
BOTTOM LINE: Asian indices are mostly higher, boosted by industrial and technology shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher. The Portfolio is 100% net long heading into the day.

No comments: