Sunday, June 16, 2024

Monday Watch

Around X:

  • @wideawake_media
  • @TheMilkBarTV
  • @JamesMelville 
  • @KanekoaTheGreat
  • @newstart_2024
  • @WallStreetSilv
  • This is a huge red flag for OpenAI. Former head of the National Security Agency, retired Gen. Paul Nakasone has joined OpenAI. Anyone using OpenAI going forward, you just need to understand that the US govt has full operating control and influence over this app. There is no other reason to add someone like that to your company.
  • @VigilantFox
  • @OvertonLive
  • @WallStreetApes
  • @P_McCulloughMD
OpenVAERS: 
SKirsch.com:
Night Trading
  • Asian indices are -1.0% to unch. on average.
  • Asia Ex-Japan Investment Grade CDS Index 99.75 +2.5 basis points.
  • China Sovereign CDS 68.25 +3.0 basis points.
  • China Iron Ore Spot 106.4 USD/Metric Tonne -.9%.
  • Bloomberg Emerging Markets Currency Index 39.1 unch.
  • Bloomberg Global Risk-On/Risk Off Index 59.2 +.7%.
  • Volatility Index(VIX) futures 14.3 -.7%. 
  • Euro Stoxx 50 futures +.29%.
  • S&P 500 futures -.02%.
  • NASDAQ 100 futures +.08%.

BOTTOM LINE: Asian indices are mostly lower, weighed down by industrial and financial 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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