Sunday, March 20, 2022

Monday Watch

Today's Headlines

Bloomberg:          
Wall Street Journal:
Barron's:
  • Had bullish commentary on (WEN), (PANW), (TWTR) and (MMM).
Fox News:   
CNBC:
Zero Hedge:
MarketWatch.com:         
TheGatewayPundit.com:
GETTR: 
OpenVAERS:
SKirsch.com:
Covid-19(Data, Maps, Graphs):
Night Trading
  • Asian indices are -.25% to +.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 112.75 +7.75 basis points.
  • China Sovereign CDS 54.5 +2.5 basis points.
  • Bloomberg Emerging Markets Currency Index 51.83 -.22%.
  • Bloomberg Global Risk-On/Risk Off Index 3,536.0 +14.0 points.
  • Volatility Index(VIX) futures 26.0 +1.4%. 
  • Euro Stoxx 50 futures -.11%.
  • S&P 500 futures -.15%.
  • NASDAQ 100 futures -.25%.

Earnings of Note
Company/Estimate

Before the Open:
  • None of note
After the Close:
  • (NKE)/.72
  • (TME)/.51
Economic Releases
8:30 am EST
  • The Chicago Fed National Activity Index for Feb.
Upcoming Splits
  • (WRB) 3-for-2
  • (ACMR) 3-for-1
Other Potential Market Movers
  • The Fed's Powell speaking, Eurozone PPI report, Wolfe Research Software Conference and the BofA Electronic Payments Symposium could also impact trading today.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST
BOTTOM LINE: Asian indices are slightly higher, boosted by commodity and industrial shares in the region. I expect US stocks to open modestly lower and to rally into the afternoon, finishing mixed.  The Portfolio is 75% net long heading into the week.

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