Wednesday, December 20, 2023

Thursday Watch

X:

OpenVAERS:
SKirsch.com:
Night Trading 
  • Asian equity indices are -1.25% to -.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 90.5 +.5 basis point.
  • China Sovereign CDS 58.5 unch.
  • China Iron Ore Spot 134.3 USD/Metric Tonne +.29%.
  • Bloomberg Emerging Markets Currency Index 41.7 +.04%.
  • Bloomberg Global Risk-On/Risk Off Index 55.0 +.2%.
  • Bloomberg US Financial Conditions Index .67 n/a.
  • Volatility Index(VIX) futures 15.7 -.67%.
  • Euro Stoxx 50 futures -.72%.
  • S&P 500 futures +.17%.
  • NASDAQ 100 futures +.24%.  
Morning Preview Links

BOTTOM LINE: Asian indices are modestly lower, weighed down by technology and consumer shares in the region. I expect US stocks to open modestly higher and weaken into the afternoon, finishing modestly lower.  The Portfolio is 50% net long heading into the day.

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