Evening Headlines
Bloomberg:
- Chinese Billionaire Is Second-Biggest Foreign Owner of US Land.
- Xi, Biden and the $10 Trillion Cost of War Over Taiwan.
- UK Christmas Retail Sales Disappoint as Shoppers Pull Back.
- Asia Stocks Rise, Tracking Tech-Led Gains in US: Markets Wrap.
- Boeing 737 Max 9 Inspections Hit Snag as United Finds Loose Bolts.
- Boeing Supplier Spirit AeroSystems Tumbles After Plane Blowout.
- Bitcoin Rally Cools in Countdown to US Spot ETF Decision by SEC.
- Realtor Group President Resigns After Blackmail Threat.
- Jefferies Profit Drops by Half as Firm Closes ‘Trough Year’.
- First US Moon Lander Mission in 50 Years Goes Awry in Space.
- ESG Campaigns Seen Falling Out of Favor With Activist Investors.
- Nvidia Rolls Out New Chips, Claims Leadership of AI PC Race.
Zero Hedge:
- Parks Service Seeks To Remove William Penn Statue To Make Philadelphia More "Welcome And Inclusive".
- Shale Tycoon Harold Hamm Wants To Lure Gen Z To The Oil Industry.
- Here’s Where COVID Mask Mandates Are Coming Back Across The US.
- Victor Davis Hanson: A Culture In Collapse.
- The AARP Just Told Its 38 Million Members To Get An 8th (Yes, Eighth!!) Shot Of mRNA.
- Let The (Political) Games Begin.
- Israel Begins To Scale Back Gaza War, But Still Expects Fighting To Continue All Year.
- What Is Happening To College Sports?
- End The Cuba Embargo? Biden Begs Mexico To Stop Migrant Flows, But There's A Price.
- Tech led the US stock rally amid a softer yield environment - Newsquawk Asia-Pac Market Open.
- Supreme Court Declines X's Challenge To Surveillance Gag Order.
- CJ Hopkins Warns Americans: The 1st Amendment Will Not Save You.
- Trump Rips Austin For 'Improper Professional Conduct & Dereliction Of Duty' After Secretive Hospital Stay.
- Stocks jump on tech gains and falling inflation expectations - Newsquawk US Market Wrap.
- Bitcoin & Big-Tech Burst Higher Amid Bloodbath In Boeing & Black Gold.
Wall Street Journal:
CNBC.com:
- U.S. companies in no hurry to disclose beneficial ownership under Treasury rule.
- Samsung warns fourth-quarter profit could plunge 35%, misses expectations.
- JetBlue CEO Robin Hayes to step down in February, COO Joanna Geraghty to take helm.
- United Airlines finds loose bolts on several Boeing 737 Max 9s after grounding.
- Mysterious crypto ‘dark money’ group ramps up lobbying efforts ahead of 2024 election.
MarketWatch.com:
- Investors kick off busy week that could set the tone for stocks, crypto and other assets in 2024.
- Investors should expect easier financial conditions this summer, says BofA Global
- Fed’s Bowman says inflation could drop without further rate hikes.
- Unity Software to cut 25% of staff amid restructuring.
- Juniper Networks’ stock spikes 22% on report it could be soon acquired by HPE.
- Nvidia’s stock breaks new ground after healthcare partnerships and ahead of CES.
Newsmax:
Fox News:
TheGatewayPundit.com:
- BREAKING: Filing Accuses Fulton County DA Fani Willis of Having ‘Improper’ Romantic Relationship with Top Trump Prosecutor – Seeks to Disqualify Fani Willis From RICO Case.
- REPORT: Jeffrey Epstein’s Sex Slave Turned Accomplice Missing Following Release of Documents.
- Five House Republicans Vow to Shut Down the Government Until Biden Shuts Down Illegal Immigration at Southern Border (VIDEO).
- EPSTEIN DOCS: Hillary Clinton Sent Henchmen to Intimidate Victim – FOOTAGE OF CLINTON SEX TAPES BACKED UP ON USB STICKS – PAYOUTS FROM CLINTON FOUNDATION, FBI COVER-UP.
- EPSTEIN DOCS: New Pictures of Young Girls on Epstein’s ‘Pedo Island’ Emerge Amid Allegations of Bill Clinton Sex Tapes.
- Pittsburgh Police Union Warns the Public is ‘At Risk’ Due to Staffing Shortage.
- Outrageous! Secretary of State Brad Raffensperger Does Not Have to Testify in Upcoming Case Challenging Georgia Election Machines.
- Mexican President Demands Joe Biden Grant at Least 10 Million Hispanics Legal Status in US and $20 Billion to Latin America in Exchange for Assistance on the US Border.
- Rep. Stefanik Says She is Concerned About the ‘Treatment of January 6 Hostages’ on Meet the Press (VIDEO).
- NY Dem Rep. Yvette Clarke Says the Quiet Part Out Loud About Illegals -“I Need More People in My District Just for Redistricting Purposes” (Video).
- German Farmers Stage Largest Protest Ever, Blocking Roads All Over the Country – Movement Opposes Climate Alarmist Policies and End to Subsidies.
- CRIMINAL: Department of Health Paving the Way for the Next Lockdown.
The Epoch Times:
- China’s Private Security Companies: A CCP Tool.
- Free Artistic Expression Under Siege as CCP Attempts to Censor Shen Yun: Report.
OpenVAERS:
- VAERS US COVID Vaccine Adverse Event Reports. 997,917 Reports(+9,212 from prior week) Through November 3rd, 2023.
SKirsch.com:
- Using the MGH numbers with our own VAERS queries, we have 247 cases per million doses from the MGH study divided by 5.97 cases per million doses from VAERS. 247/5.97 = 41. This suggests that the VAERS under-reporting factor (URF) is 41X.
Night Trading
Morning Preview Links
BOTTOM LINE: Asian indices are modestly higher, boosted by technology and industrial 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 day.
- Asian equity indices are +.25% to +1.25% on average.
- Asia Ex-Japan Investment Grade CDS Index 102.5 unch.
- China Sovereign CDS 65.25 -.5 basis point.
- China Iron Ore Spot 137.0 USD/Metric Tonne -.69%.
- Bloomberg Emerging Markets Currency Index 41.3 +.01%.
- Bloomberg Global Risk-On/Risk Off Index 58.0 +.8%.
- Bloomberg US Financial Conditions Index n/a.
- Volatility Index(VIX) futures 14.8 +.08%.
- Euro Stoxx 50 futures +.27%.
- S&P 500 futures -.09%.
- NASDAQ 100 futures -.10%.
BOTTOM LINE: Asian indices are modestly higher, boosted by technology and industrial 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 day.
No comments:
Post a Comment