Monday, March 18, 2024

Mid-Day Market Internals

NYSE Composite Index:

  • Volume Running -1.3% Below 100-Day Average 
  • Nasdaq/NYSE Volume Ratio 10.1 +4.5
  • 0 Sectors Declining, 11 Sectors Rising
  • 55.2% of Issues Advancing, 41.6% Declining 
  • TRIN/Arms 1.37 +39.8%
  • Non-Block Money Flow +$72.3M
  • 88 New 52-Week Highs, 26 New Lows
  • 58.7% (+1.7%) of Issues Above 200-day Moving Average
  • Average 14-Day RSI 64.0 unch.
Other:
  • Bloomberg Global Risk-On/Risk-Off Index 69.7 +1.8%
  • Bloomberg Cyclicals/Defensives Pair Index 140.84 -.23%
  • Russell 1000: Growth/Value 19,207.1 +1.2%
  • CNN Fear & Greed Index 74.0 (Greed) +3.0
  • 1-Day Vix 9.3 -21.5%
  • Vix 14.3 -.5%
  • Total Put/Call .94 +19.0%

Sunday, March 17, 2024

Monday Watch

Today's Headlines

Bloomberg:
Zero Hedge:

Wall Street Journal:

Reuters:
MarketWatch.com: 
TheGatewayPundit.com:
X:
  • @elonmusk 
  • @WideAwakeMedia
  • @StillGray
  • Missouri is fighting the biggest free speech case in US history in its lawsuit against Biden. "At the core of the lawsuit, is the idea that the federal government can't outsource censorship to social media companies to trample on Americans' speech, which is exactly what they were doing. At the behest of some of the highest ranking government officials in the country the biggest social media companies in the world censored speech on topics like the lab leak theory, the Hunter Biden laptop story, the origins of COVID, the efficacy of masks, and much much more. (video)
  • @kylenabecker
  • @songpinganq
  • @KobeissiLetter
  • @TheInsiderPaper
  • @crushthemarket
  • @WallStreetSilv
  • @CraigKellyPHON
  • @unlimited_ls
  • @RandPaul
  • @PierreKory
OpenVAERS: 
SKirsch.com:
Night Trading
  • Asian indices are -.5% to +.5% on average.
  • Asia Ex-Japan Investment Grade CDS Index 100.5 +.75 basis point.
  • China Sovereign CDS 69.5 +1.25 basis points.
  • China Iron Ore Spot 101.5 USD/Metric Tonne +.5%.
  • Bloomberg Emerging Markets Currency Index 39.9 -.04%
  • Bloomberg Global Risk-On/Risk Off Index 70.1 +2.3%.
  • Volatility Index(VIX) futures 15.6 -.5%. 
  • Euro Stoxx 50 futures -.04%.
  • S&P 500 futures -.07%.
  • NASDAQ 100 futures +.18%.

BOTTOM LINE: Asian indices are mostly higher, boosted by industrial and technology shares in the region. I expect US stocks to open modstly higher and to weaken into the afternoon, finishing mixed.  The Portfolio is 50% net long heading into the week.

Saturday, March 16, 2024

Today's Headlines

Bloomberg:

Zero Hedge:
Wall Street Journal:
Barron's:
  • Had bullish commentary on (PYPL), (DECK), (RL), (BBWI), (BURL), (ANF) and (TJX).

CNBC:

MarketWatch.com:

NewsMax:

Fox News:

TheGatewayPundit.com:

Epoch Times:

X:
  • @elonmusk
  • @CharlieKirk
  • @JKernerOT
  • @MikeBenzCyber
  • @wideawake_media
  • @JimFergusonUK
  • @WallStreetApes
  • If The TikTok Bill Goes Through We Can Almost Certainly Expect X To Be Next. Joe Biden has already made it clear he believes @elonmusk needed to be looked at due to his “foreign relationships” when acquiring X. When the people in charge tell you their plan, believe them. Everyone agrees the bill is intentionally vague to give the Government broad interpretation of how they can enforce what’s defined as a "foreign adversary controlled applications"
  • @StillGray
  • @MJTruthUltra
  • @HealthRanger
  • @annvandersteel
  • @BreitbartNews
  • @songpinganq
  • @IGSquawk 
OpenVAERS:
SKirsch.com:

Friday, March 15, 2024

Evening Headlines

X:

  • @BGatesIsaPsycho
  • @OvertonLive
  • @naomirwolf
  • @Breaking911
  • @wideawake_media
  • @BorderHawkNews
  • @VigilantFox
  • @WallStreetApes
  • @WallStreetSilv
  • @TonyClimate
  • @StillGray
  • @RealCandaceO
  • @robinmonotti
  • @toobaffled
OpenVAERS:
SKirsch.com: