Sunday, February 04, 2024

Monday Watch

Today's Headlines

Bloomberg:
Zero Hedge:
 Wall Street Journal:
TheGatewayPundit.com:
OpenVAERS:
SKirsch.com:
Night Trading
  • Asian indices are -1.0% to unch. on average.
  • Asia Ex-Japan Investment Grade CDS Index 100.25 -1.75 basis points.
  • China Sovereign CDS 64.0 -1.5 basis points.
  • China Iron Ore Spot 127.9 USD/Metric Tonne +1.3%.
  • Bloomberg Emerging Markets Currency Index 40.6 -.15%
  • Bloomberg Global Risk-On/Risk Off Index 59.4 +2.6%.
  • Volatility Index(VIX) futures 15.7 +.7%. 
  • Euro Stoxx 50 futures -.13%.
  • S&P 500 futures -.24%.
  • NASDAQ 100 futures -.27%.

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

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