Sunday, June 07, 2026

Monday Watch

Around X:

  • @Business   
  • @Zerohedge 
  • @CNBC 
  • @MarioNawful
  • @WallStreetApes
  • Here we go, the Los Angeles Times is admitting that yes, tens of thousands of mail in ballots did get processed for only Mayor Karen Bass and Nithya Raman but it was “a glitch”. They say the system just “glitched” for a minute and didn’t process any ballots for Spencer Pratt but really there were ballots for Spencer, they just didn’t get processed during the “glitch”. No, we don’t believe you. This is fraud and Democrats are cheating. (video)
  • @Megatron_ron
  • @JodyChaseTN
  • @MJTruthUltra
  • @Polymarket
  • @robbystarbuck
  • @EricLDaugh
  • @DiligentDenizen
  • @ShaneCashman
  • There’s literally nothing weird about Thomas Matthew Crooks emailing a deputy from Butler, PA before the assassination attempt. It’s not weird that he practiced shooting at the same range Homeland Security used. It’s not weird that the local police and Secret Service spotted Crooks with a rangefinder, photographed him, and texted about him for over an hour and still let him climb the roof with a rifle. It’s not weird that the Secret Service wasn’t flying drones that day, but Crooks was. It’s not weird that Butler was the first Trump rally of the year with Secret Service anti-sniper agents on the roofs. It’s not weird that Crooks’ house looked like a sterile lab with no trash or silverware. And it’s not weird that his body was cremated ten days later before Congress could see it. This is like when people say the CIA was shadowing Oswald before he, and he alone, shot JFK.
  • @C_3C_3
  • @NicHulscher
  • @EndWokeness
  • Mail-ins arriving before Election Day: Bass: 38.1%. Pratt: 27.9%. Raman: 20%. Mail-ins arriving after Election Day: Raman: 37% (+17% surge). Bass: 34.9% (-3% drop). Pratt: 19% (-9% drop). Who are we kidding here? This is fraud.
  • @GeneralMCNews
  • @FTT1776
  • @DavidJHarrisjr
  • @financeLancelot
  • @BullTheoryio
  • @OCOCReport
Night Trading
  • Asian indices are -3.75% to -1.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 74.0 +2.0 basis points.
  • China Sovereign CDS 41.5 +1.0 basis point.
  • China Iron Ore Spot 101.1 USD/Metric Tonne -.6%.
  • Crude Oil 93.37/bbl. +3.1%
  • Gold 4,348.1 USD/t oz. -.4% 
  • Swiss Franc/Offshore Chinese Renminbi Cross 8.51 +.26%. 
  • Bloomberg Emerging Markets Currency Index 34.98 -.05%.
  • Bloomberg Global Risk-On/Risk Off Index 118.9 -.7%.
  • US 10-Year Yield 4.56% +3.0 basis points. 
  • Japan 30-Year Yield 3.95% +4.0 basis points. 
  • Volatility Index(VIX) futures 20.7 +.8%. 
  • Euro Stoxx 50 futures -1.1%.
  • S&P 500 futures +.05%.
  • NASDAQ 100 futures +.46%.

BOTTOM LINE: Asian indices are sharply lower, weighed down by consumer discretionary and technology 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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