Sunday, December 03, 2023

Monday Watch

Today's Headlines

Bloomberg:
Zero Hedge:
Wall Street Journal:
CNBC:
TheGatewayPundit.com:
The Epoch Times:
OpenVAERS:
SKirsch.com:
Night Trading
  • Asian indices are -.25% to +.5% on average.
  • Asia Ex-Japan Investment Grade CDS Index 97.25 -1.5 basis points.
  • China Sovereign CDS 57.0 -2.5 basis points.
  • China Iron Ore Spot 131.15 USD/Metric Tonne +.03%.
  • Bloomberg Emerging Markets Currency Index 41.81 +.05%.
  • Bloomberg Global Risk-On/Risk Off Index 61.69 +1.4%.
  • Bloomberg US Financial Conditions Index .52 +6.0 basis points. 
  • Volatility Index(VIX) futures 15.5 +.01%. 
  • Euro Stoxx 50 futures +.07%.
  • S&P 500 futures -.15%.
  • NASDAQ 100 futures -.25%.

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

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