Sunday, September 10, 2023

Monday Watch

Today's Headlines

Bloomberg:
Zero Hedge:
Wall Street Journal:
CNBC:
TheGatewayPundit.com:
OpenVAERS:
SKirsch.com:
Night Trading
  • Asian indices are -.25% to +.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 122.0 -1.5 basis points.
  • China Sovereign CDS 72.0 -.25 basis point.
  • China Iron Ore Spot 114.6 USD/Metric Tonne +1.12%.
  • Bloomberg Emerging Markets Currency Index 42.18 +.01%.
  • Bloomberg Global Risk-On/Risk Off Index 72.3 +2.6%.
  • Bloomberg US Financial Conditions Index .45 unch. 
  • Volatility Index(VIX) futures 16.0 -.61%. 
  • Euro Stoxx 50 futures -.02%.
  • S&P 500 futures +.02%.
  • NASDAQ 100 futures +.09%.

BOTTOM LINE: Asian indices are mostly lower, weighed down by financial and commodity shares in the region. I expect US stocks to open mixed and rally into the afternoon, finishing modestly higher.  The Portfolio is 75% net long heading into the week.

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