Tuesday, June 25, 2024

Wednesday Watch

Around X:

  • @libsoftiktok
  • @WallStreetApes
  • @OilLondonTV 
  • @wideawake_media
  • @amuse
  • @AlexBerenson  
  • @MJTruthUltra
  • @ChrisMartzWX
Night Trading 
  • Asian equity indices are -.5% to +.5% on average.
  • Asia Ex-Japan Investment Grade CDS Index 101.0 +1.0 basis point.
  • China Sovereign CDS 69.0 +1.0 basis point.
  • China Iron Ore Spot 103.5 USD/Metric Tonne +.2%.
  • Bloomberg Emerging Markets Currency Index 39.0 -.04%.
  • Bloomberg Global Risk-On/Risk Off Index 56.5 +.2%.
  • Volatility Index(VIX) futures 14.2 +.5%.
  • Euro Stoxx 50 futures unch.
  • S&P 500 futures -.05%.
  • NASDAQ 100 futures -.03%.  
Morning Preview Links

BOTTOM LINE: Asian indices are mostly higher, boosted by technology 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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