Monday, March 31, 2025

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • None of note
After the Close: 
  • (NCNO)/.19
Economic Releases

10:00 am EST

  • Construction Spending MoM for Feb. is estimated to rise +.3% versus a -.2% decline in Jan.
  • JOLTS Job Openings for Feb. is estimated to fall to 7652K versus 7740K in Jan.
  • ISM Manufacturing for March is estimated to fall to 49.5 versus 50.3 in Feb.
  • ISM Prices Paid for March is estimated to rise to 64.6 versus 62.4 in Feb.

Afternoon

  • Total Vehicle Sales for March is estimated to rise to 16.2M versus 16.0M in February.

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The Fed's Barkin speaking, Atlanta Fed GDPNow Q1 update, IBD/TIPP Economic Optimism Index for April, weekly US retail sales reports and the Dallas Fed Services Revenues for March 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 +6.5% Above 100-Day Average 
  • Nasdaq/NYSE Volume Ratio 12.8 -7.0
  • 4 Sectors Declining, 7 Sectors Rising
  • 23.1% of Issues Advancing, 74.6% Declining 
  • TRIN/Arms .80 -51.8%
  • Non-Block Money Flow -$104.3M
  • 39 New 52-Week Highs, 133 New Lows
  • 34.4% (-4.2%) of Issues Above 200-day Moving Average
  • Average 14-Day RSI 41.3 -9.3
Other:
  • Bloomberg Global Risk-On/Risk-Off Index 68.2 -4.3%
  • Bloomberg Cyclicals/Defensives Index 231.4 -1.0%
  • Russell 1000: Growth/Value 19,089.4 -1.4%
  • CNN Fear & Greed Index 20.0 (EXTREME FEAR) -1.0
  • 1-Day Vix 19.1 -24.7%
  • Vix 22.4 +3.7%
  • Total Put/Call .99 -2.0%

Sunday, March 30, 2025

Monday Watch

Today's Headlines

Bloomberg:    
Zero Hedge: 
Barron's:
  • Had bullish commentary on (CARR).
Fox News:
TheGatewayPundit.com:

The Epoch Times:

Around X:
  • @elonmusk
  • @LauraLoomer
  • @JimFergusonUK
  • @MarioNawfal
  • PANAMA PORT DEAL DELAYED AS CHINA MOVES TO BLOCK BLACKROCK PURCHASE. CK Hutchison will not sign its $19B deal to sell 2 Panama Canal ports to a BlackRock-led group next week—after China launched an antitrust review to halt the sale. The ports, critical chokepoints for global trade, were praised by Trump as key to pushing back Chinese influence in the Western Hemisphere. Beijing is furious. State media slammed the deal as a betrayal, and Chinese regulators are now pressuring billionaire Li Ka-shing to abandon the sale altogether.
  • @WallStreetApes 
  • @wideawake_media
  • @RealDrJaneRuby
  • @StephenM
  • @OcrazioCornPop
  • @KevinnBass
  • @BGatesIsaPsycho
  • @RepJamesCorner
  • @Catturd2
  • BREAKING NEWS. The British Sentencing Council has decided that starting Tuesday, white men will be sentenced to longer prison sentences than women and ethnic minorities. UK has fallen. This is a government we want to protect and be friends with? No. The UK should no longer be considered an ally.
  • @JohnLeFevre
  • Headline: DOGE is slashing medical research funding. Reality: After you eliminate the bureaucratic and administrative skimming and kickbacks, actual medical research funding goes up. Headline: Social Security, Medicare, and Medicaid benefits are being taken away. Realty: Benefits and services to intended recipients go up after the elimination of waste, fraud, and abuse. Rinse and repeat this theme across the entire government to the tune of trillions of dollars in savings and efficiencies. Any person who opposes DOGE at this point is dishonest, stupid, or mad because they are in on the grift.
  • @EYakoby
  • BREAKING: The new president of Columbia University called the Congressional hearings on antisemitism "nonsense" and that the suspended student groups responsible for taking over buildings and canceling classes should be reinstated. Columbia is truly a lost cause at this point.
  • @DerrickEvans4WV 
  • @amuse
  • @karma44921039
  • @bespokeinvest
  • @IanJaeger29
  • @LaraLogan
  • @_NewsBarron
Night Trading
  • Asian indices are -2.0% to -1.0% on average.
  • Asia Ex-Japan Investment Grade CDS Index 80.0 +1.25 basis points.
  • China Sovereign CDS 51.5 +.5 basis point.
  • China Iron Ore Spot 101.8 USD/Metric Tonne -.5%.
  • Bloomberg Emerging Markets Currency Index 36.8 unch.
  • Bloomberg Global Risk-On/Risk Off Index 68.2 -4.2%.
  • Volatility Index(VIX) futures 22.0 +4.6%. 
  • Euro Stoxx 50 futures n/a.
  • S&P 500 futures -.57%.
  • NASDAQ 100 futures -1.04%.

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

Saturday, March 29, 2025

Today's Headlines

Bloomberg:

Zerohedge:

CNBC:

MarketWatch.com:  

NewsMax:       

Fox News:

TheGatewayPundit.com: 

Epoch Times:

Around X:
  • @elonmusk
  • @LauraLoomer 
  • @catturd2 
  • @kylenabecker
  • @BGatesIsaPsycho
  • @MJTruthUltra
  • @WallStreetApes
  • @JimFergusonUK
  • @matt_vanswol
  • @HealthRanger
  • @truckdriverpleb 
  • @glennbeck
OpenVAERS: 
SKirsch.com: