Sunday, October 22, 2023

Monday Watch

Today's Headlines

Bloomberg:
Zero Hedge:
Wall Street Journal:
CNBC:
NewsMax:
Fox News: TheGatewayPundit.com:
OpenVAERS:
SKirsch.com:
Night Trading
  • Asian indices are -.75% to -.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 137.5 +2.0 basis points.
  • China Sovereign CDS 87.0 +.5 basis point.
  • China Iron Ore Spot 111.7 USD/Metric Tonne -.8%.
  • Bloomberg Emerging Markets Currency Index 41.2 -.04%.
  • Bloomberg Global Risk-On/Risk Off Index 67.1 +2.1%.
  • Bloomberg US Financial Conditions Index -.25 +2.0 basis points. 
  • Volatility Index(VIX) futures 20.6 -.7%. 
  • Euro Stoxx 50 futures +.05%.
  • S&P 500 futures +.22%.
  • NASDAQ 100 futures +.25%.

BOTTOM LINE: Asian indices are modestly lower, weighed down by commodity and industrial shares in the region. I expect US stocks to open modestly higher and to weaken into the afternoon, finishing mixed.  The Portfolio is 25% net long heading into the week.

No comments: