Monday, December 23, 2024

Bull Radar

Style Outperformer:

  • Mid-Cap Growth +2.1%
Sector Outperformers:
  • 1) Semis +3.1% 2) Shipping +1.7% 3) Pharma +1.5%
Stocks Rising on Unusual Volume:
  • RUM, DESP, AVXL, PLYA, RGTI, NFE, HMC, NNE, MESO, AXGN, FORM, HSAI, LUNR, QUBT, TSM, AVGO, PONY, BWLP, AMD, INVX, NVO, ASX, RCAT, STNG
Stocks With Unusual Call Option Activity:
  • 1) INVZ 2) RUM 3) TLRY 4) APA 5) ALK
Stocks With Most Positive News Mentions:
  • 1) TXRP 2) RUM 3) OCC 4) AVGO 5) FPAY
Sector ETFs With Most Positive Money Flow:
  • 1) MSTY 2) VGT 3) XLF 4) QTUM 5) XBI
Charts:

Tomorrow's Earnings/Economic Releases of Note; Market Movers

Earnings of Note 
Company/Estimate 

Before the Open:
  • None of note
After the Close: 
  • None of note
Economic Releases

8:30 am EST

  • The Philly Fed Non-Manufacturing Index for Dec.

10:00 am EST

  • The Richmond Fed Manufacturing Index for Dec. is estimated to rise to -10 from -14 in Nov.

Upcoming Splits

  • (CRVL) 3-for-1
Other Potential Market Movers
  • The Atlanta Fed GDPNow Q4 update, 5Y T-Note auction, M2 Money Supply MoM, Dallas Fed PCE for Nov., weekly US retail sales reports and the API weekly crude oil stock report could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 1:00 pm EST

Mid-Day Market Internals

NYSE Composite Index:

  • Volume Running -8.8% Below 100-Day Average 
  • Nasdaq/NYSE Volume Ratio 16.5 +7.5
  • 8 Sectors Declining, 3 Sectors Rising
  • 29.9% of Issues Advancing, 68.0% Declining 
  • TRIN/Arms .96 +65.5%
  • Non-Block Money Flow -$277.2M
  • 10 New 52-Week Highs, 109 New Lows
  • 51.1% (-2.4%) of Issues Above 200-day Moving Average
  • Average 14-Day RSI 28.0 -4.0
Other:
  • Bloomberg Global Risk-On/Risk-Off Index 67.5 +1.8%
  • Bloomberg Cyclicals/Defensives Index 253.2 +.4%
  • Russell 1000: Growth/Value 22,148.6 +.9%
  • CNN Fear & Greed Index 27.0 (FEAR) -1.0
  • 1-Day Vix 12.6 -27.7%
  • Vix 18.7 +1.9%
  • Total Put/Call 1.15 +17.4%

Sunday, December 22, 2024

Monday Watch

Today's Headlines

Bloomberg:     
Zero Hedge: 

Wall Street Journal:

CNBC:  
MarketWatch.com:  
Fox News:
TheGatewayPundit.com:

The Epoch Times:

Around X:
  • @elonmusk
  • @WallStreetMav
  • @JohnStossel
  • @MarioNawful
  • CHINA’S WEALTHY PROVINCES ARE BROKE — AND EVERYONE’S FEELING IT. Suzhou and Zhejiang, once economic powerhouses, are now playing the world’s saddest game of “Where’s My Money?” Suzhou’s exports are tanking, foreign companies are thinking about bailing, and local governments are so broke they’re slashing salaries, delaying projects, and even cutting back on office supplies. (pic)
  • @ricwe123
  • @WallStreetApes
  • @BGatesIsaPsycho
  • @Overton_news
  • @CollinRugg
  • @ShadowofEzra
  • @atensnut
  • @BillAckman
  • With drones in the headlines, a modern war in @Ukraine, and Chinese drone shows in the air, it has become increasingly apparent that we have been overinvesting in F-35s and underinvesting in military drone technology. (video)
  • @SaiKate108
OpenVAERS: 
SKirsch.com:
Night Trading
  • Asian indices are +.25% to +1.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 76.75 +.5 basis point.
  • China Sovereign CDS 65.0 -.75 basis point.
  • China Iron Ore Spot 101.0 USD/Metric Tonne +.3%.
  • Bloomberg Emerging Markets Currency Index 37.1 -.01%.
  • Bloomberg Global Risk-On/Risk Off Index 67.0 +1.0%.
  • Volatility Index(VIX) futures 17.8 -2.5%. 
  • Euro Stoxx 50 futures -.22%.
  • S&P 500 futures +.25%.
  • NASDAQ 100 futures +.32%.

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

Saturday, December 21, 2024

Today's Headlines

Bloomberg:

Zerohedge:
Barron's:
  • Had bullish commentary on (WMT).
  • Had bearish commentary on (COST).

CNBC:

MarketWatch.com:  

NewsMax:     

Fox News:

TheGatewayPundit.com: 

Epoch Times:

Around X:
  • @elonmusk
  • @Bennyjohnson
  • @Inevitablewest
  • @KoibeissiLetter
  • @ShadowofEzra
  • @CollinRugg
  • @MarioNawfal
  • TUCKER: THE CORE SIN THAT'S DESTROYING AMERICA IS DEBT. "I really think the fastest way to destroy the United States is connected to a few key issues. I think the reason we're trillions of dollars in debt, the reason our social cohesion is frayed, and the reason we opened the borders—it’s all connected. (video)
  • @joma_gc
  • @BGatesIsAPsycho
  • @WallStreetApes
  • @GeneralMCNews
  • @TonySeruga
  • Tucker Carlson Is About To Ruin Anthony Fauci's Life. Tucker Carlson Network’s new documentary, Thank You Dr. Fauci, is available now. Its creator, award-winning producer Jenner Furst, is worth hearing out to add important context to the film. Furst is far from your typical “right-wing conspiracy theorist” filmmaker. As a Brookline, Massachusetts native, he fits the demographic profile of the kind of person you’d least expect to grow suspicious of America’s authoritarian COVID response. But he did. Despite his town’s adoration of Anthony Fauci, masks, “social distancing,” and unnecessary vaccinations, Furst sees the government’s pandemic reaction for what it was: a deliberate and dystopian crackdown on our sacred civil liberties. Jenner Furst joined today’s Tucker Carlson Show to preview his groundbreaking film, explain why COVID was 100 times bigger than any crime he’d previously investigated, expose Fauci’s lies, and more. Click the image below to watch Thank You Dr. Fauci. (video)
  • @WarClandestine
  • @IGSquawk 
OpenVAERS: 
SKirsch.com: