Bear Radar

 Style Underperformer:

• Small-Cap Value -.7%

Sector Underperformers:

• 1) Oil Service -4.6% 2) Alt Energy -3.8% 3) Airlines -3.0%

Stocks Falling on Unusual Volume: 

• PEGA, OPEN, LB, FTOC, CURI, ROAD, MWK, ACCD, HEC, FSRV, UWMC, GM, APPN, PRVB, CRDF, CATM, ACTC, IPOD, BSY, GRBK, IEA, CLII, STIM, RSI, USAC and SOL
  

Stocks With Unusual Put Option Activity:

• 1) TJX 2) IRBT 3) AMCX 4) LB 5) XRT
  

Stocks With Most Negative News Mentions:

• 1) ZYME 2) QS 3) SYY 4) PLNT 5) TXRH
  

Charts:

• ETFs Falling on Unusual Volume
• Stocks Falling on Unusual Volume

Bull Radar

Style Outperformer:

• Large-Cap Growth +.5%

Sector Outperformers:

• 1) Retail +1.5% 2) Utilities +1.4% 3) Biotech +1.2%

Stocks Rising on Unusual Volume:

• AXDX, BNGO, GEVO, DBI, MAC, SPRQ, VUZI, SDC, GOGO, GME, IRBT, BYND, RKT, PETS, SI, FIZZ, PLCE, UNFI, CCIV, BGS, TDOC, BIGC, M, ATHA, AMCX, PACK, FUBO, CLNE, LGF/A, BBBY, BHVN, LGND, AERI, BALY, DMTK, SRG, CHRS, PRLB, DNMR, AKTS, KIDS, DDS, ACI, IRM, SUNQ, GSAH, NCNO, CLX, CLOV and EPR
  

Stocks With Unusual Call Option Activity:

• 1) EXPR 2) IRM 3) SIRI 4) BGS 5) PETS

Stocks With Most Positive News Mentions:

• 1) ACER 2) KMB 3) UPS 4) LMT 5) LLY
  

Charts:

• ETFs Rising on Unusual Volume
• Stocks Rising on Unusual Volume

Morning Market Internals

NYSE Composite Index:

• Volume Running +84.4% Above 100-Day Average 
• 5 Sectors Rising, 6 Sectors Declining
• 43.8% of Issues Advancing, 53.3% Declining
• 270 New 52-Week Highs, 1 New Lows
• 84.9% of Issues Above 200-day Moving Average
• Average 14-Day RSI 51.8% 
• Bloomberg Global Risk-On/Risk-Off Index 1,971.0 -156.0 points
• Vix 25.2 +14.8%
• Total Put/Call .67 +8.1%
• TRIN/Arms .93 -10.7%

Monday Watch

Today's Headlines

Bloomberg:  

• Emerging Markets Gripped by Greed Now Turn to Fed for Fresh Spur.  
• Germany Buys Covid Treatment Used by Donald Trump.
• Italian Premier Fights for Support Ahead of Critical Senate Vote.  
• Pandemic-Era Central Banking Is Creating Bubbles Everywhere.
• Asia Stocks Muted on Virus Concerns; Dollar Steady: Markets Wrap.
• Dubai Shares Drop on Restrictions, Kuwait Banks Rise: Inside EM.  
• Iraq to Lower Oil Production to Compensate for OPEC Breach.  
• Libya Guards to Halt Oil Exports at Eastern Ports in Pay Spat.  
• Saudi Exports Dropped in November, With Oil Revenue Down 40%.  
• Saudi Sovereign Fund Targets $1.1 Trillion in Assets by 2025.
• Fed Takes U.S. Fiscal Temperature in New Era of Biden: Eco Week.
• Why Dealmakers Expect Tech M&A to Keep Up Its Red-Hot Run.  
• Chicago Teachers Move Toward Strike; District Delays Return.   
• NCR Is Said Close to Reaching $1.7 Billion Deal with Cardtronics.

Wall Street Journal:

• Bullish Stock Bets Explode as Indexes Keep Hitting Highs.
• Biden’s Fossil-Fuel Freeze.
• Covid-19’s Financial Toll Mounts on Homeowners.
• Manufacturing Rebound Has Suppliers Struggling to Keep Up.
• Big Tech Tops Lobbying Spending.
  
• On the 100th Anniversary of ‘Robot,’ They’re Finally Taking Over.
• For Wars of the Future, Pentagon Looks to Distant Past: the B-52.
• China Joins Push to Rein In Big Tech Companies.

Fox News:

• Left-wing riots rattle US cities even after President Biden's inauguration.
• NYT claim about Biden's Christian faith sparks conservative backlash.
• Dem senator says 'of course' Senate should consider ending filibuster if Republicans obstruct.
• Biden may force American taxpayers to pick up bill for San Francisco homeless hotels.
• Greenwald sounds alarm over cancel culture, warns it'll come for you one day.

CNBC: 

• China surpasses U.S. as largest recipient of foreign direct investment during Covid pandemic.
• The U.S. is racing to adapt against new Covid strains, says Biden surgeon general pick.
• Companies are racing to build digital passports for people to prove they’ve had the Covid vaccine.
• Biden’s stimulus may be too big amid economic recovery, should be targeted at those most impacted.
• Overall bitcoin-related crime fell last year, but one type of crypto hack is booming.
  

Zero Hedge: 

• Ray Dalio: "We Are On The Brink Of A Terrible Civil War".
• "You're Forgetting Who You Are As A Journalist": Rand Paul Slams Stephanopoulos In Sunday Spat Over Election Integrity.
• Morgan Stanley Asks What To Do About All This Optimism.
• Fearing Citywide Economic Collapse, Wall Street Firms Offer Help To Speed Up NYC Vaccinations.
• Biden 2020 Run Backed By $145 Million In 'Dark Money'.
• Biden To Ban Travelers From South Africa After Fauci Flip-Flops On 'Deadliness' Of New Strains.
• Goldman's Clients Are Freaking Out About A Stock Bubble: Here Is The Bank's Response.
• Bulls Continue To Push Stocks Higher As Risk Rises.
• Neuberger Portfolio Manager Benjamin Segal Is Retiring To Teach High School Math.
• Americans Are Fleeing Lockdowns, When They Can Afford It.
• High-Frequency Data Stumbles In Advanced Economies With Stocks At Record Highs.
• Amazon Demands In-Person Union Vote After Arguing Mail-In Ballots 'Raise Risk Of Fraud'.
• Competitive Currency Debasement 101 Class Is In Session.
• Not As Green As You Think - Global EV Push Sparks Cobalt Chaos.
• Is The Dis-Uniting Of America Now Inevitable?
• Putting The Cost Of COVID-19 In Perspective.
• "Here Are The Superheroes To Come And Save Us All": Media Waste No Time Fawning Over Biden.
• New Law Allows China's Coast Guard To Fire On Foreign Vessels.
• US Economy Set To Overheat As Households Are Flooded With $2 Trillion In Excess Savings.

NewsMax: 

• Sen. Rand Paul: 'Great Deal of Evidence' of Election Fraud.
• Democrats Facing Huge Risks With Biden's Immigration Plan.
• Britain's Boris Johnson Presses Biden for New Trade Deal.  
• Ex-DHS Leader Wolf: Biden Orders Will Trigger Border 'Crisis'.
• Gingrich: Biden Unity Undone by Pelosi's 'Circus Stunt'.
• Anarchists, Leftist Extremists Threaten Biden's Democrats.
• Mike Lindell: Media Attacked Me for Doing 'Good for Country'.

TheGatewayPundit.com:

• BREAKING EXCLUSIVE: Accurate List of 2020 Election Fraud Cases Shows 81 Cases Total, 30 Still Active – And NOT ONE SINGLE COURT Has Allowed Evidence to be Argued.
• SHOCKING: The Democrats’ First Bill of 2021 Is to Lock In Fraudulent Elections Forever.
• SHOCK VIDEO: Biden Signs Executive Orders But There Is No Evidence He Has Any Idea What He’s Signing.
• Biden’s Goal of Joining the Paris Climate Accord is to Cripple American Power.
• Biden Ends President Trump’s Policy of Reducing Medical Costs on Insulin and EpiPens to Please Big Pharma.
• President Trump Is Drafting ‘Enemies List’ of Dirtbag Republicans to Primary — Is Moving Forward with Plans to Create “Patriot Party” for the People.
• Facebook Permanently Bans Young Conservative Entrepreneurs After They Create “Patriots Against Joe Biden” Facebook Page.
• Mitt Romney: It is “Constitutional” to Impeach a Private Citizen like Donald Trump.
• Police SUV Plows Through Crowd that Was Mobbing His Car While Responding To Street Racing In Tacoma (VIDEO).
• Arizona Republicans Censure Cindy McCain, Jeff Flake and Governor Ducey.
• Insurrection! Portland Leftists Target Federal ICE Facility in Late Night ‘Protest’ (VIDEOS).
• Dr. Fauci Gushes To Rachel Maddow: ‘I’ve Been Wanting To Come On Your Show For Months’ (VIDEO).
• Instagram Is Forcing Users to Follow Biden White House Account So That It’s Not So Pathetic Even When Users Repeatedly Un-Follow the Page.
• HELP ENSURE A LEGITIMATE AUDIT: Contact These Arizona Officials to Demand a Deep Dive Audit of Arizona’s Maricopa County Election Results!
• Insurrection! Violent Antifa-Black Lives Matter Goons Storm Bellingham, WA City Hall – Mayor Forced to Be Evacuated.
• GOP Rep. Paul Gosar Calls for Investigation After Democrats Order 5,000 National Guard Members from US Capitol to Sleep in Cold DC Parking Garage in Dead of Winter.

The Epoch Times:

• Conditions for Shanghai Residents Rapidly Worsen as Authorities Report COVID-19 Outbreak.
• China’s Suspected COVID-19 Patients List Leaked Online, Sparking Outrage.
• Video: Communist China Is Committing Genocide in Xinjiang and Building Authoritarian Bloc—USCIRF Commissioners.
• China’s Sanctions on Former Trump Administration Officials an ‘Escalation’: Sen. Cotton.
• COVID-19 Outbreaks Worsen in Beijing, Shanghai.
• Residents in China’s Virus Hotspots Taken to Unknown Locations for Mass Quarantine.

HereIsTheEvidence.com:

• This is for aggregating publicly available items of voter fraud evidence in the US election that would be admissible in court.

Digital Blackboard:

• Daily New Cases by Region.

Worldometer:

• New Cases/Deaths by state.

Rt Covid-19:

• How fast virus is growing by state.

KFF:

• State Data(Tests/Hospitalizations).

Night Trading

• Asian indices are unch. to +.75% on average.
• Asia Ex-Japan Investment Grade CDS Index 61.25 +1.0 basis point.
• China Sovereign CDS 30.0 unch.
• Bloomberg Emerging Markets Currency Index 62.19 unch.
• Bloomberg Global Risk-On/Risk Off Index 2,164.0 +36.0 points.
• Volatility Index(VIX) futures 24.55 -1.31%. 
• Euro Stoxx 50 futures +.20%.
• S&P 500 futures +.31%.
• NASDAQ 100 futures +.56%.

Morning Preview Links

Earnings of Note

Company/Estimate

Before the Open:

• (BOH)/1.11
• (KMB)/1.62
• (PHG)/.83
  

After the Close:

• (BXS)/.62
• (BOOT)/.88
• (BRO)/.29
• (CR)/1.10
• (GGG)/.51
• (FUL)/.85
• (HXL)/-.19
• (STLD)/.84
• (XLNX)/.72
  

Economic Releases

8:30 am EST

• The Chicago Fed Nat Activity Index for Dec.

10:30 am EST

• The Dallas Fed Manufacturing Activity Index for Jan.
  

Upcoming Splits

• None of note
  

Other Potential Market Movers

• The 2Y T-Note auction, German IFO Index and the (VRNT) roadshow could also impact trading today.

Market Hours
Normal:

• 9:30 am - 4:00 pm EST

BOTTOM LINE: Asian indices are modestly higher, boosted by industrial and technology shares in the region. I expect US stocks to open modestly higher and to maintain gains into the afternoon.  The Portfolio is 75% net long heading into the week.

Today's Headlines

Bloomberg:  

• ‘Dark Money’ Helped Pave Joe Biden’s Path to the White House.
• Joint EU-U.S. Carbon Tax Proposed as Part of Alliance Relaunch.  
• Texas Case Against Biden Hinges on Legality of Last-Minute Deal.  
• N.Y. Vaccine Shortage Eases; California Cases Ease: Virus Update.
• A Pain Trade May Be Brewing for ‘Growth at Any Price’ Investors.
• ‘Frothy Squared’: Crypto Firms Are Lining Up to Tap Market Mania Oil Industry Reels as Biden Targets Fossil Fuels in First Days.  
• Shippers Saw a Need for Bigger Vessels. They Built Them Too Big.  
• Junk Sales Set to Break January Record: U.S. Credit Week Ahead.

Wall Street Journal:

• Covid-19 Is Speeding Up How Deaths Are Recorded.
• Samsung Eyes Investing Up to $17 Billion in New U.S. Chip Plant.
• Hundreds Detained Across Russia as Protesters Rally for Navalny.

CNBC:

• Why people are so obsessed with bitcoin: The psychology of crypto explained.
• Why some tech companies and billionaires are leaving California.
• The stock market is at or near the most-expensive levels ever by most measures. When will it matter?
• What the Biden administration means for Amazon: New union push, antitrust scrutiny could lie ahead.
•  Value-creating activist gets involved with a pure play in the growing animal health market.

IG:

• Weekend Markets Trading Live.

Barron's:

• Had bullish commentary on (MSFT), (LKQ), (CCI), (SBAC), (EQIX), (COR),(NFLX), (ASIX), (DHI), (NOC), (FOX), (NEP), (AGR) and (GLD).
• Had bearish commentary on .

MarketWatch.com:                

• Stock-market bulls brace for major gut check as earnings, Fed and GDP loom.
  
• New York is finally expected to legalize cannabis in 2021 as Gov. Cuomo goes all in.
  
• Opinion: 5 reasons why 2021 just might be the year GM’s stock price stands up to Tesla.

Fox News:

• 33 missing children rescued in major human trafficking investigation, FBI says.
• Washington city's mayor rushed to safety after left-wing rioters stormed City Hall.
• Biden admin under fire for removing Oval Office statue.

Newsmax:   

• Biden COVID Goal Topped Repeatedly Under Trump.
• 7 Reasons the Senate Trial Is a Sham (And Why They Really Want to Nail Trump).
• Ben Carson to Newsmax TV: Americans Need to Pay Attention to Biden's Actions.
  
• Biden Extends Jobless Benefits to Workers Who Quit Due to COVID-19 Concerns.
  

Zero Hedge:

• "It Was All A Lie": Biden-Linked WHO Adviser Says COVID-19 'Likely' Leaked From Wuhan Lab.
• Europe Scrambles To Stretch COVID Jab Supplies As Global Cases Near 100MM: Live Updates.
• Biden Expected To Soon Release CIA Report On Who Killed Khashoggi, Will 'Embarrass' MbS.
• California Refuses To Disclose COVID-19 Data Used To Drive Lockdowns.
• Amazon Demands In-Person Union Vote After Arguing Mail-In Ballots 'Raise Risk Of Fraud'.
• Pentagon Intelligence Purchased Troves Of Warrantless Phone Location Data On Americans.
• "Does Joe Biden Hate Black Teenagers?" Rand Paul Routs $15 Minimum Wage Miasma.
• Keynesians Going All-In.
• Elon Musk Now Wants To Drill For Natural Gas In Texas.
• ESG Investing Is A False God.
• A Large US Military Convoy Rolled Into Syria On 1st Day Of Biden Presidency.
• Senior MP: British Public Will "Rise Up And Bring Down" Lockdown If Exit Plan Isn't Outlined.
• Major Tour Operator Refuses To Book Holidays For The Unvaccinated.
• Homeless In Germany Offered Futuristic 'Coffin-Like' Pods To Sleep In.
• Cult: Government Is Now The New Religion?
• China Caught Importing 'Doctored' & Rebranded Venezuelan Oil To Evade US Sanctions.
• Big Tech, Big Brother, & The End Of Free Speech.
• Academic Study Finds Big-Tech Elites Are In Their "Own Class", Different To Rest Of Humanity.
• Winter Storm Could Batter Northeast Next Week .
• The Despicables.
• Microsoft Patents AI-Chatbots That Imitate Dead People.
• Google Threatens Shut Down In Australia Over Bill Designed To Better Compensate Content Providers.
• Are We Still Allowed To Ask Questions?
  

TheGatewayPundit.com:

• SURPRISE! Gretchen Whitmer Reopens Michigan Restaurants Now That Biden Has Been Sworn In.
• Buyer’s Remorse: New Mexico’s Leaders Say Biden Energy Bans Will Devastate State’s Economy.
• “Release Them All, Immediately” – Joe Biden Orders ICE Agents to Release All Illegal Aliens in Custody.
• DATA EXPERT: 200,000 Pennsylvania Ballots Were Modified After Election – A Sampling of 100,000 Arizona Ballots Show ‘Material Amount’ Aren’t Even Real People.
• In Text Messages, Biden Voters Already Regret Their Vote.
• “Insulting”- Labor Unions That Endorsed Biden Now Lashing Out At Him.
• Facebook Fascists Disable All Commenting on New “Patriot Party” Page — They Won’t Want Alternative Party to Replace the Modern Day GOP Bootlickers.
• The Numbers Are In: Cuomo’s Draconian Lockdowns Cost New York 1 Million Jobs.
• Effort to Recall California Governor Gavin Newsom Attracts More Than 1.2 Million Signatures.
• “Republicans Are Better than That” – GOP Minority Leader Kevin McCarthy Blames Trump for DC Rioting Earlier in Week — Then Calls Rep. Marjorie Greene to Disagree with Her on Biden Impeachment.
• Regime Fears the People: Thousands of National Guard Asked to Remain in DC Until Mid-March.
• Washington Post Scrubs Unflattering Report on Kamala Harris Mocking Starving Prisoners — The Same Woman Who Kept Black Men in Prison for Their Cheap Labor.
• No Dissent Tolerated: Biden White House Channel Disables Comments on All YouTube Videos, Scrubs Thousands of Comments.
• New Report Finds CDC Fumbled the Ball on Coronavirus and Actually Refused to Approve Early Study on Spread of China Virus.
• Biden Warns ‘Economic Crisis Deepening’ After Killing Tens of Thousands of Jobs His First Day in Office (VIDEO).

The Epoch Times:

• Taiwan Reports Large Incursion by Chinese Air Force.

HereIsTheEvidence.com:

• This is for aggregating publicly available items of voter fraud evidence in the 2020 US election that would be admissible in court.
  

Digital Blackboard:

• Daily New Cases by Region.

Worldometer:

• New Cases/Deaths by state.

Rt Covid-19:

• How fast virus is growing by state.

KFF:

• State Data(Tests/Hospitalizations).

Evening Headlines

Bloomberg:  

• U.K. Warns More Deadly Strain Makes Lifting Lockdown Harder.  
• London New-Home Sales Slump as Covid Lockdowns Deter Investors.
• U.S. Hospital Rates Fall; N.Y. Vaccines Run Short: Virus Update.
• ‘Unstoppable’ Luxury Stocks Remind Some Investors of U.S. Tech.
• GameStop Mania Fueled by Record Options and White-Knuckle Shorts.  
• Singer Says Long-Term Bonds Are a ‘Senseless’ Speculative Trade.
• Cancelled Keystone XL Pipeline May Yield 48,000 Tons of Scrap.  
• Charting Global Economy: Home Construction a U.S. Bright Spot.  
• Pipeline Giants’ Houston Oil Futures Seen Launching in Months.

Wall Street Journal:

• Anger at China’s Covid-19 Response Smolders in Wuhan.
• Biden’s Orders Signal Collision Course With GOP.
• The Covid-19 Origin Investigation.
• Joe Biden’s First Day Began the End of Girls’ Sports.
• Surging Grain Prices Fuel Surprise Farm Recovery.

CNBC:

• United Airlines CEO wants to make Covid vaccines mandatory for employees.
• Cramer’s lightning round: Nvidia is the chipmaker to own.
• Apple and Tesla earnings, along with the Fed and GDP will drive markets in the week ahead.
• NBC Sports Network will shut down in 2021 and sports rights will move to USA Network.
• CDC quietly changes Covid vaccine guidance to OK mixing shots in ‘exceptional situations’.
• Biden signs executive orders to boost food benefits, workers’ rights as part of Covid relief push.

IG:

• Weekend Markets Trading Live.

MarketWatch.com:            

• Get ready for Apple’s first $100 billion quarter in history.  
• Here’s another sign that markets have gone nuts and everyone is chasing everything.

Fox News:

• Psaki hasn't discussed post-inauguration violence with Biden as critics condemn his silence.
• Biden giving Putin 'exactly what he wanted' on nuclear arms treaty: Cotton.
• Iranian supreme leader's website shares threatening image of Trump.

Newsmax:

• Former Trump Adviser Stephen Miller: Biden's Immigration Actions at Odds With His Words.
• Sen. Collins Appears to Dismiss Biden COVID-19 Proposal.
• Sen. Marshall to Newsmax TV: Biden's Order on Keystone XL Must Be Stopped.
• UK Prime Minister: New COVID Variant Arriving in US May Be Deadlier.
  

Zero Hedge:

• National Guard Allowed Back Into Capitol After Eviction To Parking Garage; Trump Offers DC Hotel Rooms.
• Is It Almost Over: US Sees Record One-Day Drop In COVID Hospitalizations.
• The Big Short Squeeze - Did Michael Burry Just Make A Killing In Gamestop?
• Black Prof Shreds 'Anti-Racist' Activists For "Bluffing", Confronts What They "Don't Want To Talk About".
• Most.Popular.President.Ever...?
• Americans Are Suffering Through The Most Painful Economic Crisis Since The Great Depression.
• Trust In The Media Hits An All-Time Low In New Polling.
• How The Fed Fails.
• Investing Legend Sees "Spectacular" Crash In "The Next Few Months".
• Texas AG Sues Biden Administration Over Deportation Freeze For Unlawful Migrants.
• Biden's Big Week Buoys Big-Tech & Bullion, Batters Bitcoin & Black Gold.
  

TheGatewayPundit.com:

• Biden Warns ‘Economic Crisis Deepening’ After Killing Tens of Thousands of Jobs His First Day in Office (VIDEO).
• NEW: Schumer Says Senate Impeachment Trial to Begin Week of February 8.
• BREAKING EXCLUSIVE: Arizona’s Maricopa Board of Supervisors Is Playing Games – Trying to Block a LEGITIMATE Forensic Audit of 2020 Election Ballots – Why?
• President Trump Gives Permission for US Troops to Stay at Trump Hotel in Washington DC (VIDEO).
• Biden’s Covid Cluster: Hundreds of National Guard Troops in D.C. Test Positive or Are in Quarantine After Deployment for Inaugural.
• Report: McConnell Privately Says He Wants Trump Gone – DC Elites Pressure Republicans to Impeach Private Citizen Trump.
• Joe Biden Now Admits He ‘Cannot Change the Trajectory of the Pandemic’ After Claiming he ‘Had a Plan to Get Covid Under Control’ (VIDEO).
• “They’re Soldiers, They’re Not Nancy Pelosi’s Servants” – FL Governor DeSantis Orders His National Guard Troops in DC Back to Florida (VIDEO).

The Epoch Times:

• Rep. Boebert Introduces House Bill to Stop US Funding of WHO.
• CCP Virus Rampant in China’s Hebei Province, as Vice Premier Blames Religious Gatherings.
• Residents in China’s Virus Hotspots Share Their Experiences Under Lockdown.

HereIsTheEvidence.com:

• This is for aggregating publicly available items of voter fraud evidence in the US election that would be admissible in court.
  

Digital Blackboard:

• Daily New Cases by Region.

Worldometer:

• New Cases/Deaths by state.

Rt Covid-19:

• How fast virus is growing by state.

KFF:

• State Data(Tests/Hospitalizations).