Tuesday, April 15, 2025

Wednesday Watch

Around X:

  • @elonmusk
  • @LauraLoomer
  • @MarioNawful
  • @zerohedge
  • @VigilantFox
  • @sheislaurenlee
  • @CartlandDavid
  • @RodDMartin
Night Trading 
  • Asian equity indices are -.75% to +.25% on average. 
  • Asia Ex-Japan Investment Grade CDS Index 106.5 -1.25 basis points. 
  • China Sovereign CDS 66.75 -4.0 basis points.
  • China Iron Ore Spot 97.7 USD/Metric Tonne -1.0%
  • Swiss Franc/Offshore Chinese Renminbi Cross 8.95 +.52%.
  • Bloomberg Emerging Markets Currency Index 36.7 -.07%.
  • Bloomberg Global Risk-On/Risk Off Index 55.1 -1.6%.
  • US 10-Year Yield 4.32% -1.0 basis point
  • Volatility Index(VIX) futures 26.7 +4.6%.
  • Euro Stoxx 50 futures -.7%. 
  • S&P 500 futures -1.0%. 
  • NASDAQ 100 futures -1.5%.
Morning Preview Links

BOTTOM LINE: Asian indices are mostly lower, weighed down by technology and consumer discretionary shares in the region. I expect US stocks to open modestly lower and to maintain losses into the afternoon.  The Portfolio is 25% net long heading into the day.

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