Sunday, September 18, 2022

Monday Watch

Today's Headlines

Bloomberg:           
Wall Street Journal:
Fox News:
CNBC:
Zero Hedge:
MarketWatch.com:        
NewsMax:
TheGatewayPundit.com:
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 128.0 +5.0 basis points.
  • China Sovereign CDS 74.25 +2.25 basis points.
  • Bloomberg Emerging Markets Currency Index 48.26 +.03%.
  • Bloomberg Global Risk-On/Risk Off Index 43.64 +.19%.
  • Bloomberg US Financial Conditions Index -.79 -4.0 basis points 
  • Volatility Index(VIX) futures 27.15 -.36%. 
  • Euro Stoxx 50 futures +.55%.
  • S&P 500 futures +.16%.
  • NASDAQ 100 futures +.07%.

Earnings of Note
Company/Estimate

Before the Open:
  • (AZO)/38.61
After the Close:
  • None of note
Economic Releases
10:00 am EST
  • The NAHB Housing Market Index for Sept. is estimated to fall to 47.0 versus 49.0 in Aug.
Upcoming Splits
  • None of note
Other Potential Market Movers
  • The EU Construction Output report and the (RL) investor day 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 mixed and to weaken into the afternoon, finishing modestly lower.  The Portfolio is 25% net long heading into the week.

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