Tuesday, February 06, 2024

Wednesday Watch

X:

OpenVAERS:
SKirsch.com:
Night Trading 
  • Asian equity indices are +.25% to +1.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 98.5 -2.75 basis points.
  • China Sovereign CDS 62.5 -3.0 basis points.
  • China Iron Ore Spot 125.6 USD/Metric Tonne +.5%.
  • Bloomberg Emerging Markets Currency Index 40.56 -.10%.
  • Bloomberg Global Risk-On/Risk Off Index 60.97 +.16%.
  • Volatility Index(VIX) futures 14.6 -.3%.
  • Euro Stoxx 50 futures +.15%
  • S&P 500 futures +.07%.
  • NASDAQ 100 futures +.10%.  
Morning Preview Links

BOTTOM LINE: Asian indices are modestly higher, boosted by industrial 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 100% net long heading into the day.

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