Monday, October 30, 2023

Morning Market Internals

NYSE Composite Index:

  • NYSE Volume Running -4.2% Below 100-Day Average 
  • Nasdaq/NYSE Volume Ratio 8.1 +.5
  • 4 Sectors Declining, 7 Sectors Rising
  • 61.2% of Issues Advancing, 36.2% Declining
  • 13 New 52-Week Highs, 177 New Lows
  • 25.0%(+5.0%) of Issues Above 200-day Moving Average
  • Average 14-Day RSI 33.0 +2.0
  • Bloomberg Global Risk-On/Risk-Off Index 62.8 +1.5%
  • Russell 1000: Growth/Value 18,027.6 +.67%
  • 1-Day Vix 14.0 -32.8%
  • Vix 20.3 -4.4%
  • Total Put/Call .93 -24.4%
  • TRIN/Arms 1.20 -15.5%

Sunday, October 29, 2023

Monday Watch

Today's Headlines

Bloomberg:
Zero Hedge:
Wall Street Journal:
TheGatewayPundit.com:
The Epoch Times:
OpenVAERS:
SKirsch.com:
Night Trading
  • Asian indices are -1.0% to unch. on average.
  • Asia Ex-Japan Investment Grade CDS Index 138.75 unch.
  • China Sovereign CDS 84.0 -.25 basis point.
  • China Iron Ore Spot 119.7 USD/Metric Tonne +.03%.
  • Bloomberg Emerging Markets Currency Index 41.25 +.02%.
  • Bloomberg Global Risk-On/Risk Off Index 62.6 +1.2%.
  • Bloomberg US Financial Conditions Index -.30 -1.0 basis point. 
  • Volatility Index(VIX) futures 20.9 -1.6%. 
  • Euro Stoxx 50 futures -.22%.
  • S&P 500 futures +.34%.
  • NASDAQ 100 futures +.49%.

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

Saturday, October 28, 2023

Today's Headlines

Bloomberg:

Zero Hedge:
Barron's:
  • Had bullish commentary on (LLY).

CNBC:

Reuters:

MarketWatch.com:

Fox News:

TheGatewayPundit.com:

Epoch Times:

X:
OpenVAERS:
SKirsch.com:

Friday, October 27, 2023

Evening Headlines

Bloomberg:

Zero Hedge:
Wall Street Journal:

CNBC:

Reuters:

MarketWatch.com:

Fox News:

TheGatewayPundit.com:

SKirsch.com: