Thursday, February 15, 2024

Friday Watch

Night Trading 

  • Asian equity indices are +.25% to +1.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 100.75 -.75 basis point.
  • China Sovereign CDS 64.5 -.5 basis point.
  • China Iron Ore Spot 129.5 USD/Metric Tonne +.04%.
  • Bloomberg Emerging Markets Currency Index 40.3 -.11%.
  • Bloomberg Global Risk-On/Risk Off Index 72.7 +1.0%.
  • Volatility Index(VIX) futures 15.1 +.21%.
  • Euro Stoxx 50 futures +.36%
  • S&P 500 futures -.09%.
  • NASDAQ 100 futures +.09%.  
Morning Preview Links

BOTTOM LINE: Asian indices are modestly higher, boosted by industrial and technology shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher.  The Portfolio is 100% net long heading into the day.

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