Sunday, April 02, 2023

Monday Watch

Today's Headlines

Bloomberg:                     
Wall Street Journal:
Fox News:
CNBC:
Zero Hedge: 
MarketWatch.com:  
NewsMax:
TheGatewayPundit.com: 
Twitter:
OpenVAERS:
SKirsch.com:
Night Trading
  • Asian indices are -.25% to +.5% on average.
  • Asia Ex-Japan Investment Grade CDS Index 131.0 -3.75 basis points.
  • China Sovereign CDS 73.0 -4.0 basis points.
  • China Iron Ore Spot 125.6 USD/Metric Tonne +.18%
  • Bloomberg Emerging Markets Currency Index 47.8 -.10%.
  • Bloomberg Global Risk-On/Risk Off Index 55.2 +2.1%.
  • Bloomberg US Financial Conditions Index -.45 -4.0 basis points. 
  • Volatility Index(VIX) futures 22.5 +1.7%. 
  • Euro Stoxx 50 futures n/a.
  • S&P 500 futures -.20%.
  • NASDAQ 100 futures -.48%.

BOTTOM LINE: Asian indices are mostly higher, boosted by energy 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 50% net long heading into the week.

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