Monday, December 30, 2024

Tuesday Watch

Around X:
  • @elonmusk
  • @TheChiefNerd
  • @WallStreetMav
  • @ShadowofEzra
  • @DouglasAMacgregor
  • @PeterSweden7
  • @newstart_2024
  • @MJTruthUltra
  • @Libsoftiktok
  • JUST IN: Biden announced $2.5 billion in security assistance for Ukraine. Treasury Secretary Janet Yellen announced $3.4 billion in budget aid to Ukraine. Nearly $6 billion authorized for Ukraine today. Meanwhile North Carolina looks like this: (video)
  • @WallStreetApes
  • @MarioNawful
  • 'EXHAUSTED' AMERICA TUNES OUT CABLE NEWS AS RATINGS CRASH 50%. NYT columnist unleashes brutal reality check: Americans are over the political drama. Progressive networks' ratings have plunged since November – CNN down 46%, MSNBC hemorrhaging 55% of viewers. "I'm thrilled," says David Brooks, skewering cable's identity politics circus:
Night Trading 
  • Asian equity indices are -.75% to -.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 77.25 +2.75 basis points.
  • China Sovereign CDS 65.5 +.5 basis point.
  • China Iron Ore Spot 100.7 USD/Metric Tonne +.05%
  • Bloomberg Emerging Markets Currency Index 36.8 -.02%.
  • Bloomberg Global Risk-On/Risk Off Index 68.8 -.06%.
  • Volatility Index(VIX) futures 17.5 +.4%.
  • Euro Stoxx 50 futures n/a.
  • S&P 500 futures +.01%.
  • NASDAQ 100 futures unch.  
Morning Preview Links

BOTTOM LINE: Asian indices are modestly lower, weighed down by technology and commodity shares in the region. I expect US stocks to open modestly higher and to weaken into the afternoon, finishing mixed.  The Portfolio is 50% net long heading into the day.

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