Monday, March 24, 2025

Bear Radar

Style Underperformer:

  • Large-Cap Value 1.2%
Sector Underperformers:
  • 1) Agriculture -.5% 2) Pharma +.1% 3) Foods +.2%
Stocks Falling on Unusual Volume: 
  • MNSO, ERJ, LSPD, JKS, SCHL, PHH, ZIM and RGC
Stocks With Unusual Put Option Activity:
  • 1) WEN 2) EXE 3) WMB 4) AM 5) WW
Stocks With Most Negative News Mentions:
  • 1) MODV 2) MRK 3) MRVI 4) VG 5) NKE
Sector ETFs With Most Negative Money Flow:
  • 1) XLI 2) KRE 3) XAR 4) XLE 5) XLK

Bull Radar

Style Outperformer:

  • Mid-Cap Growth +2.6%
Sector Outperformers:
  • 1) Semis +3.2% 2) Networking +3.1% 3) Construction +2.8%
Stocks Rising on Unusual Volume:
  • AZEK, MARA, IONQ, TEM, OKLO, VSAT, COHR, ROOT, TSLA, HOOD, CVNA, W, HIMS, GAP, BROS, APP, SHOO, LMND, MSTR, CPRX, AMD, LZMH, KRUS, GLNG, TREE, RDDT, RH, BBIO, QXO, MAG, CAVA, GRPN, HQY, UAL, LIND, DECK, OUST, SHOP, FDX, HROW, VTS, DRI, PLTR, PVH, UPST, CARS, SOFI, RPD, RL, NUE, GENI, DOCS, FCX, AHCO, NVEE, LIF, ATRO, SKYW, CELH, SKYW, NVMI, ARES, CE, DLTR, CYTK, FWRG, ANAB, CENTA, RUSHA, GSHD, META, FRT, ALNY, TITN, ERO, BWIN, TREX, CRH, SN, BRDG and ENTG
Stocks With Unusual Call Option Activity:
  • 1) CE 2) NAK 3) CG 4) AMDL 5) GBTC
Stocks With Most Positive News Mentions:
  • 1) TNXP 2) TSLA 3) AZEK 4) COHR 5) LUNR
Sector ETFs With Most Positive Money Flow:
  • 1) XLF 2) OIH 3) XBI 4) SMH 5) IYF
Charts:

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (CSIQ)/-.09
  • (MKC)/.64
After the Close: 
  • (GME)/.08
  • (WOR)/.70
Economic Releases
8:30 am EST
  • They Philly Fed Non-Manufacturing Activity Index for March.
9:00 am EST
  • The FHFA House Price Index MoM for Jan. is estimated to rise +.3% versus a +.4% gain in Dec.
  • The S&P CoreLogic CS 20-City MoM SA for Jan. is estimated to rise +.3% versus a +.4% gain in Dec.

10:00 am EST

  • New Home Sales for Feb. is estimated to rise to 680K versus 657K in Jan.
  • Conference Board Consumer Confidence Index for March is estimated to fall to 93.9 versus 98.3 in Feb.
  • The Richmond Fed Manufacturing Index for March is estimated to fall to 2.0 versus 6.0 in Feb.

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The Fed's Williams speaking, Fed's Kuglar speaking, M2 Money Supply MoM for Feb., weekly US retail sales reports, weekly API crude oil stock report, 2Y T-Note auction,  and the UBS Energy/Utilities Conference could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

Mid-Day Market Internals

NYSE Composite Index:

  • Volume Running -6.3% Below 100-Day Average 
  • Nasdaq/NYSE Volume Ratio 13.9 +1.8
  • 0 Sectors Declining, 11 Sectors Rising
  • 84.5% of Issues Advancing, 14.2% Declining 
  • TRIN/Arms 1.05 +8.3%
  • Non-Block Money Flow +$357.9M
  • n/a New 52-Week Highs, n/a New Lows
  • 42.1% (+8.4%) of Issues Above 200-day Moving Average
  • Average 14-Day RSI 52.8 +2.2
Other:
  • Bloomberg Global Risk-On/Risk-Off Index 76.3 +3.1%
  • Bloomberg Cyclicals/Defensives Index 239.3 +1.4%
  • Russell 1000: Growth/Value 19,884.6 +.6%
  • CNN Fear & Greed Index 28.0 (FEAR) +6
  • 1-Day Vix 11.5 -30.9%
  • Vix 18.2 -5.7%
  • Total Put/Call .71 -15.5%

Sunday, March 23, 2025

Monday Watch

Today's Headlines

Zero Hedge: 
Fox News:
TheGatewayPundit.com:

The Epoch Times:

Around X:
  • @elonmusk
  • @OliLondonTV
  • @WallStreetApes
  • The Elon Musk Tesla protests ARE PAID. Watch as these protesters pick through a pile of pre-made signs provided to them. This is all BEING FUNDED by Democrat donors and activist NGO groups. We demand investigations and accountability into the money trail. (video)
  • ER Nurse in Aurora, Colorado says if you are against ICE mass deportations, you don’t know what being a victim of illegal immigrants looks like. “I have seen personally in the ER: (video) 
  • Victor Davis Hanson talks about how California Democrat politicians amass UNBELIEVABLE wealth, “but their policies made sure that people where I live can't buy a house”. “Nancy Pelosi, Barbara Boxer, Dianne Feinstein, Kamala Harris, Jerry Brown, Gavin Newsom. They're all from the same place. They're all from the same class. They're all very wealthy. They all have estates, cabin's living in a $9 million home. Jerry's got a big Grass Valley estate. Feinstein had one of the most beautiful homes of Tahoe, Barbara Boxer's at Rancho Mirage.” (video)
  • Canada healthcare is horrifying. “My MRI to see if I have a brain tumor is in 2026. It's March 2025 right now”. “If you thought this was bad, it's actually worse than you thought. Because the appointment where we decided that I need this MRI was in December of last year. So it's not like it's 10 months from now. It's 13 months. It's a 13 month wait to see if I have a brain tumor”. (video)
  • @ItsJulliansRum
  • @MarioNawfal
  • @BigFish3000
  • @LeadingReport
  • BREAKING: HHS Secretary Robert F. Kennedy Jr. has unveiled an online tool that allows users to search for chemical contaminants in their food and other products.
  • @amuse
  • @MilaLovesJoe
  • @OcrazioCornPop
  • @TonySeruga
  • @RealHickory
  • @ShadowofEzra
Night Trading
  • Asian indices are +.25% to +.75% on average.
  • Asia Ex-Japan Investment Grade CDS Index 77.5 +1.0 basis point.
  • China Sovereign CDS 52.0 +2.5 basis points.
  • China Iron Ore Spot 100.3 USD/Metric Tonne +.3%.
  • Bloomberg Emerging Markets Currency Index 36.9 -.01%.
  • Bloomberg Global Risk-On/Risk Off Index 74.4 +.3%.
  • Volatility Index(VIX) futures 18.9 -2.4%. 
  • Euro Stoxx 50 futures +.28%.
  • S&P 500 futures +.61%.
  • NASDAQ 100 futures +.76%.

BOTTOM LINE: Asian indices are mostly higher, boosted by technology and financial 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.

Saturday, March 22, 2025

Today's Headlines

Zerohedge:
WSJ.com:   

CNBC:

MarketWatch.com:  

NewsMax:       

Fox News:

TheGatewayPundit.com: 

Epoch Times:

Around X:
  • @elonmusk
  • @LauraLoomer
  • @amuse
  • @BehizyTweets
  • @DC_Draino 
  • Remember when CNN just magically happened to be at Roger Stone’s house when it was raided early AM by the FBI? Wonder how they got that tip. And how they knew to livestream Trump’s Butler PA rally. Puzzle pieces starting to connect.
  • @EricLDaugh
  • @MilaLovesJoe
  • @nataliegwinters 
  • @charliekirk11
  • @TimCast
  • @VigilantFox
  • @LIz_Wheeler
OpenVAERS: 
SKirsch.com: