Sunday, July 16, 2023

Monday Watch

Today's Headlines

Bloomberg: Zero Hedge:
Barron's:
  • Had bullish commentary on (TOST), (FYBR) and (BIIB).
NewsMax:
Fox News:
TheGatewayPundit.com:
The Epoch Times:
Twitter:
OpenVAERS:
SKirsch.com:
Night Trading
  • Asian indices are -.5% to unch. on average.
  • Asia Ex-Japan Investment Grade CDS Index 111.25 +.25 basis point.
  • China Sovereign CDS 61.5 +.25 basis point.
  • China Iron Ore Spot 112.5 USD/Metric Tonne -1.5%.
  • Bloomberg Emerging Markets Currency Index 43.9 -.05%.
  • Bloomberg Global Risk-On/Risk Off Index 65.3 -.18%.
  • Bloomberg US Financial Conditions Index .40 unch. 
  • Volatility Index(VIX) futures 15.7 -.21%. 
  • Euro Stoxx 50 futures -.47%.
  • S&P 500 futures -.07%.
  • NASDAQ 100 futures -.06%.

BOTTOM LINE: Asian indices are mostly lower, weighed down by financial and technology 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.

No comments: