Sunday, April 20, 2025

Monday Watch

Around X:

  • @elonmusk
  • @LauraLoomer 
  • @MarioNawfal
  • @ZeroHedge
  • @EYakoby
  • Hamas: “we will repeat the October 7 massacre time and again, 1M times if we need to, until we end the occupation.“ Journalist: “occupation of Gaza?” Hamas: “no, all of Israel.” (video)
  • @TheInsidePaper
  • @BGatesIsaPsycho
  • People who think it’s normal to take 5 experimental vaccines for a virus you have to test to know you have, also think these skies are perfectly normal too. Truly insane. (video)
  • @WallStreetApes
  • California Democrats continue to shut down family farms, now expanding to more counties. “Now there's a fight going on in Point Reyes. They just shut down a dozen farms. They really doubled down on those farmers — They put a gag order on them so they couldn't even ask the community to stand up for them” “They can't even have cows or anything. They've got to move off the property. — Our local RCD even came up with money to upgrade the ranches if needed. And the environmental group said, no. They wanted to take the land over. And so they forced these farmers to sign an agreement that are pushing them all out.” “So we're going to lose half of our dairies in Marin county and a bunch of the beef ranches that provide local food.” (video)
  • RESTORE THE SMITH–MUNDT ACT. Scott Bessent “When I was on the other side of the wall, I never really liked the term fake news. Now that I am on the inside and I can see what they're reporting, I think the term fake news probably isn't strong enough. It's really not”. (video)
  • @DC_Draino 
  • I’ll be honest, I don’t think Covid-19 leaked from a Wuhan lab. I’m serious. I actually think it was intentionally unleashed. A carefully engineered bioweapon designed to cripple the booming American economy, facilitate orwellian medical tyranny, and provide cover for mass mail-in ballots that would help Democrats steal the 2020 election. And I’m not alone.
  • @amuse
  • @WarClandestine
  • @MikeZaccardi
  • @annvandersteel
  • @Kylenabecker 
  • @catturd2
  • @WallStreetMav
  • @TRHLofficial
  • @WesternLensman
  • @EndWokeness
  • @matt_vanswol
  • @KobeissiLetter
  • @TexasRepublic71
  • @ValerieAnne1970
  • @bennyjohnson
Night Trading
  • Asian indices are -.5% to unch. on average.
  • Asia Ex-Japan Investment Grade CDS Index 103.75 -2.0 basis points.
  • China Sovereign CDS 69.25 +.25 basis point.
  • China Iron Ore Spot 98.5 USD/Metric Tonne +1.0%.
  • Swiss Franc/Offshore Chinese Renminbi Cross 9.0 +.55% 
  • Bloomberg Emerging Markets Currency Index 36.9 +.1%.
  • Bloomberg Global Risk-On/Risk Off Index 52.6 -2.6%.
  • US 10-Year Yield 4.35% +3.0 bps
  • Volatility Index(VIX) futures 27.0 +.9%. 
  • Euro Stoxx 50 futures n/a.
  • S&P 500 futures -.49%.
  • NASDAQ 100 futures -.43%.

BOTTOM LINE: Asian indices are mostly lower, weighed down by technology and industrial shares in the region. I expect US stocks to open mixed and to weaken into the afternoon, finishing modestly lower.  The Portfolio is 25% net long heading into the week.

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