Tuesday, October 29, 2024

Wednesday Watch

Around X:

  • @elonmusk
  • @LauraLoomer
  • @CollinRugg
  • @MTGrepp
  • @nicksortor
  • @VigilantFox
  • @JackPosobiec
  • @LibsOfTikTok
  • @Polymarket
  • @Joma_gc
  • @WallStreetApes
  • Hurricane Helene Victims are now being threatened to have their children taken away. “DSS is threatening to take away children from parents in Western North Carolina because they're homeless” “Red Cross, the one that people donated millions of dollars to, has decided there's no longer a need for them in Western North Carolina and has started closing down their shelter with almost zero notice.” “Basically telling them to figure it out themselves and then having DSS come in and say, well if you can't figure it out I'm gonna take your kid because you're homeless. You've got to be freaking kidding me.” “You have people over here trying to donate campers and tiny homes, but the county wants to fight people about having permits to put tiny homes down.” (video)
  • @patrickbetdavid
  • @EricLDaugh
  • @jackunheard
  • @BobbyJindal
  • @LaraLogan
  • @MikeBenzCyber
  • @EndWokeness
  • NY Mayor Adams obliterates the media: "Stop asking silly questions like about if Trump is a fascist or HitIer.. It gives you headlines and clicks, but it is not what Americans are dealing with." (video)
Night Trading 
  • Asian equity indices are -.25% to +.75% on average.
  • Asia Ex-Japan Investment Grade CDS Index 71.5 -.5 basis point.
  • China Sovereign CDS 62.75 -.75 basis point.
  • China Iron Ore Spot 103.8 USD/Metric Tonne +.16%
  • Bloomberg Emerging Markets Currency Index 38.2 +.01%.
  • Bloomberg Global Risk-On/Risk Off Index 64.5 +.6%.
  • Volatility Index(VIX) futures 18.7 +.6%.
  • Euro Stoxx 50 futures +.04%.
  • S&P 500 futures +.32%.
  • NASDAQ 100 futures +.34%.  
Morning Preview Links

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

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