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%
Today's Headlines
Bloomberg:
Wall Street Journal: 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.
Bloomberg:
- Had bullish commentary on (LLY).
CNBC:
Reuters:
MarketWatch.com:
Fox News:
TheGatewayPundit.com:
Epoch Times:
X:
- @OvertonLive - NEW- Iran’s Top Diplomat: U.S. ‘Will Not Be Spared from This Fire’ if It Continues to Support Israel. (video)
- @spectatorindex - BREAKING: Iran's foreign minister says its allies have 'their finger on the trigger' amid impending Israeli ground campaign in Gaza.
- @kylenabecker - Debunking the Media's Claim That All of Trump's 2020 Election Challenges Were 'Baseless'.
- @matttttt187 - Covid-19 shots were not owned or made by Pfizer or Moderna.
They were owned and made by the military. Pfizer and Moderna were paid
to make it appear like it came from the pharmaceutical industry.
(video) Turkish President Recep Tayyip Erdoğan warns Americans to stay away from the Israeli-Palestinian conflict: "We will defend Palestine at any price." (video) The subtext is that there can be some privacy and confidentiality safeguards built into CBDCs, but at the end of the day those would still be subject to being overridden or dispensed with.
- @WallStreetSilv - Remember this gem of a video that SBF did?
It was all about how SBF didn't care about money, he was going to give
away his billions of $$$ to save the world. Crypto was just a method to
make the world a better place. And the media praised him non-stop.
(video)
- @BillMelugin_ - BREAKING: New
CBP data reveals Border Patrol released over 900,000 migrants into the
U.S. in fiscal year 2023 after they were apprehended crossing illegally,
including a staggering 155,821 releases in September alone. These
numbers do not include ICE or ports of entry releases. For context,
900,000+ is a population size larger than several US states, including
Wyoming, Vermont, Alaska, & North & South Dakota. (table)
- @unusual_whales - BREAKING: The
average monthly mortgage payment is a whopping 52% higher than the
average monthly rent on a house or apartment, the highest amount since
the 2008 housing crash, per The Wall Street Journal.
- @Fxhedgers - SLUMP IN BIG PURCHASES CLASHES WITH GOVERNMENT’S STRONG CONSUMER DATA (Bloomberg). Sales of appliances, orthodontics and boats weaken, firms say. US needs Americans to keep up spending to avoid recession.
- @WatcherGuru - JUST IN: Elon Musk plans to turn X into a full on finance platform within a year, says you won't need a bank account anymore, Verge reports.
- @BenSwann_ - WATCH — US Senator @RonJohnsonWI says COVID was “pre-planned by an elite group of people.” (video) WOW — Pascal
Najadi, the son of WEF co-founder Hussain Najadi, is calling for the
arrests of Bill Gates, WHO leadership, the WEF, Klaus Schwab, Big Tech
and Pfizer. (video)
- @ImMeme0 - We live in Banana Republic. Shroyer NEVER enter the Capitol building during the riot. (pic)
- @TomFitton - Biden's authoritarian scheme to force us all to drive electric cars is faltering.
- @EndWokeness - Asian-American residents of Brighton Park, Chicago are furious about illegal migrants coming to their neighborhood. 87% of this area voted for Biden in 2020. (video)
- @TonyClimate - In 1923, the North Pole was melting, glaciers were vanishing and the Arctic was experiencing "unheard-of high temperatures." (pic)
- @IGSquawk - Weekend markets update: #DAX 14614 -0.06% #DOW 32355 -0.11% #NASDAQ 14143 -0.30% #FTSE 7269 +0.00% #HANGSENG 17195 0.00% #GBPUSD 12122.2 +0.07% #EURUSD 10564.4 -0.03% #USDJPY 14965.7 +0.05%.
Bloomberg:
Zero Hedge:
Wall Street Journal: CNBC:
Reuters:
MarketWatch.com:
Fox News:
TheGatewayPundit.com:
The Epoch Times:OpenVAERS: