Sunday, October 01, 2023

Monday Watch

Today's Headlines

Bloomberg:
Zero Hedge:
Barron's:
  • Had bullish commentary on (GD) and (SOFI).
TheGatewayPundit.com:
OpenVAERS:
SKirsch.com:
Night Trading
  • Asian indices are -.25% to +.75% on average.
  • Asia Ex-Japan Investment Grade CDS Index 127.75 -.75 basis point.
  • China Sovereign CDS 82.75 +.75 basis point.
  • China Iron Ore Spot 119.5 USD/Metric Tonne -.09%.
  • Bloomberg Emerging Markets Currency Index 41.7 -.04%.
  • Bloomberg Global Risk-On/Risk Off Index 73.0 +5.8%.
  • Bloomberg US Financial Conditions Index .10 +3.0 basis points. 
  • Volatility Index(VIX) futures 17.8 -2.4%. 
  • Euro Stoxx 50 futures +.38%.
  • S&P 500 futures +.54%.
  • NASDAQ 100 futures +.71%.

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

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