Tuesday Watch

Around X:

• @Business 

• Japanese stock investors will focus on a meeting between Prime Minister Sanae Takaichi and US President Trump on Tuesday, where the leaders are expected to discuss defense spending and possible projects for a $550 billion investment fund. 
• South Korea’s economy gained momentum last quarter, bolstering the case for authorities to refrain from adding monetary stimulus as they weigh the need to rein in a sizzling housing market against the expected impact from US trade policies. 
• In the latest sign that Silicon Valley is gunning for Wall Street: Sequoia Capital is investing in a cool that could one day replace junior bankers.
• A wave of US rare-earth magnet plants is underway as the country scrambles to build its own supply chain, spurred by China's export curbs and surging global demand. 
• Five contenders are still standing in the high-stakes race to be the next Federal Reserve chair.
• PayPal and Bilt are teaming up to let customers use Venmo to make rent and mortgage payments starting early next year. 
• NextEra Energy plans to restart a nuclear power plant in Iowa, primarily to supply Google data centers. 
• Nvidia and Deutsche Telekom are preparing to announce plans for a €1 billion data center in Germany.
• More than half of the grades handed out at Harvard College are A’s, an increase from decades past even as school officials have sounded the alarm for years about rampant grade inflation. 
• AMD is teaming up with the US Energy Department to develop a pair of supercomputers at the Oak Ridge National Laboratory that will deploy the company’s AI chips to seek breakthroughs in energy and scientific research
  .
• Get up to speed on what’s moving global markets.
• Here's what you need to know to start your day. 

• @ZeroHedge

• I’m honestly at a loss for words right now. Category 5 #Melissa keeps drifting farther west - the eye is now nearly outside the National Hurricane Center’s forecast cone, which was issued only 1 hour ago... This storm is defying every environmental factor trying to pull it north. It’s baffling. It’s also getting stronger, which is wild considering it’s already pushing the limits of physics for how intense a hurricane can get. It may even be overpowering the trough that’s trying to steer it north. Unreal. (video)
• Luxury Hotels Boom While The Rest Of the Industry Slumps.
• The AI Revolution Runs Through America's Heartland.  
• Dallas Doctor Surrenders License After Texas AG Sues For Prescribing Gender Transition Drugs To Minors.
• The Hidden Architecture Of Debt: How Private Banks Captured The Global Economy.
• Venezuela Alleges It Detained CIA Group, Accuses U.S. Of Orchestrating "False Flag" Attack
  . 
• Victor Hanson: The Left Is 'Bleeding Kansas'.
• Mid-Atlantic Lawmakers Unite In Push To Stop "Climate Cultists" As Power Bill Crisis Worsens.
• MAHA's Moment To Prove Itself: The 2026 Midterms.
• NEXTERA, GOOGLE TO ACCELERATE NUCLEAR ENERGY DEPLOYMENT IN US.
• "A National Disgrace": Largest Federal Worker Union Sides With GOP Plan To End Shutdown.
• 'Imagine That': 24 Years After 9/11, Democrats Are Running A Jihadi Communist For NYC Mayor.
• NEW: Federal records reveal Jeffrey Epstein was jailed with Clinton Foundation donor and Hillary confidante Huma Abedin's cousin Omar Amanat.
• Gold Tests Down To $4000 As Big-Tech & Bitcoin Rally On China 'Deal' Hope.  

• @CNBC

• CNBC Daily Open: We are all farmers hoping for the end of the U.S.-China trade war.
• Stock futures are little changed after major U.S. indexes notch record highs: Live updates.
• Stocks making the biggest moves after hours: Nucor, Waste Management, F5, NXP and more. 
• OpenAI says U.S. needs more power to stay ahead of China in AI: 'Electrons are the new oil'.
• One chip stock and two health names to own for the long run, according to investor Hulick.
• Stocks from Carvana to Reddit are expected to have the wildest moves on earnings this week.

• @WSJ  

• From @WSJopinion: The parade of Democrats lining up behind Zohran Mamdani for mayor continues to grow, and the latest convert to the socialist’s cause is Hakeem Jeffries. Nobody is happier than Republicans who represent the New York suburbs.

• @TheTranscript 

• NXP CEO: "We experienced broad-based sequential improvement across all regions and end markets" $NXPI: +2% AH.
• Nucor CEO: "Thr'out a period of capital investment, Nucor continues to have the strongest balance sheet of any major steel producer in North America & has returned nearly $1B to shareholders year-to-date, representing >70% of net earnings through the third quarter". $NUE: +3% AH. 

• @newstart_2024 

• A landmark study from the Cleveland Clinic—a mainstream, pro-vaccine institution—has revealed alarming data about this year's flu shot. The research, tracking over 53,000 clinic employees during the 2024-25 respiratory virus season, found a shocking negative vaccine effectiveness of -26.9%. This isn't just low effectiveness; it's NEGATIVE efficacy. Key Findings: (video)

• @HustleBitch_

• CHEMTRAILS HIT THE WATER - HELICOPTER CAUGHT SPRAYING “SACRED LAKE”. A fisherman’s camera catches the unthinkable: a helicopter blasting chemicals straight into the lake where families fish, swim, and pull dinner from the water. He stares in total disbelief as a white mist spreads across the waves. "They're spraying into the water! I'm sure that's great for the fish... and for everybody." Officials call it “algae treatment.” Locals call it poison. No warnings. No signs. Just a low-flying chopper dumping mist over the water like it’s a test site. The state says it’s “eco-friendly.” The people say it’s bio-control. If this is how they “protect” the lakes that feed us what happens when they start “protecting” the food supply itself? (video)

• @TaraBull808

• Liberal admits to planning to lace candy with Fentanyl on Halloween for any MAGA supporters. I think the FBI needs to pay this guy a visit. (video)

• @Libsoftiktok

• This is the mainstream view on the left. This is not fringe. They want us all dead. (pics)

• @TheIntelSCIF

• Candace Owens calls out every single person covering up Charlie Kirk's assassination. "I want WAR with ALL OF YOU." We are going to find out what happened to Charlie Kirk on September 10, 2025 and take every single one of you that are involved down. I'll be standing right next to @RealCandaceO. It's time to wake up and stand up for the TRUTH and for what is RIGHT. It's time to stick up for Charlie and hold the people responsible, accountable. (video)
• Was Mickey McCoy on the phone with the shooter? Candace breaks it down and comes to the same conclusion that something is VERY WRONG with Mikey McCoy and his father lying about what took place. He never dialed, he already had someone on the phone, IMMEDIATELY after Charlie was shot, .834 milliseconds after Charlie was shot he lifted the phone to his ear, in my honest opinion, Mikey McCoy CONFIRMED the ASSASSINATION of Charlie Kirk. (video)

• @AndrewKerrNC

• NEW: Texas Rep. Jasmine Crockett owned a secret stock portfolio containing stakes in major pharmaceutical, fossil fuel, marijuana, technology, and automobile firms that she did not report in her Congressional financial disclosures, the @FreeBeacon has learned.

• @EndWokeness

• Zohran Mamdani's dad Mahmood wrote this 3 years after 9/11.

• @Jackunheard

• BREAKING: Palm Beach realtors say wealthy New Yorkers are rushing to buy homes, preparing to flee if Zohran Mamdani wins. (video)

• @WellsJorda89710

• The NAACP just endorsed a liberal white woman over the conservative Black woman running for Virginia governor. The NAACP is a joke — it should be dismantled. (video)

• @stkirsch

• BREAKING: Important new autism study just released. People like Dr. Paul Offiit
  @DrPaulOffit who have claimed vaccines don't cause autism are the real "misinformation spreaders." They have caused untold harm.

Night Trading 

• Asian equity indices are -.5% to +.25% on average. 
• Asia Ex-Japan Investment Grade CDS Index 64.75 -2.5 basis points.
• China Sovereign CDS 41.5 -.75 basis point.
• China Iron Ore Spot 105.2 USD/Metric Tonne -.04%. 
• Swiss Franc/Offshore Chinese Renminbi Cross 8.94 -.04%
• Bloomberg Emerging Markets Currency Index 36.32 -.1%.
• Bloomberg Global Risk-On/Risk Off Index 86.2 -.4%.
• US 10-Year Yield 3.98% unch.
• Volatility Index(VIX) futures 18.1 -.1%.
• Euro Stoxx 50 futures -.14%. 
• S&P 500 futures unch.
• NASDAQ 100 futures +.05%.

Morning Preview Links

BOTTOM LINE: Asian indices are mostly lower, weighed down by consumer and real estate shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher.  The Portfolio is 100% net long heading into the day.

Stocks Surging into Final Hour on US-China Trade Deal Hopes, Earnings Outlook Optimism, Stable Long-Term Rates, Tech/Biotech Sector Strength

Economic Gauges:

• Bloomberg Emerging Markets Currency Index 36.3 +.11%
• US 10-Year T-Note Yield 3.99% -1.0 basis point
• 3-Month T-Bill Yield 3.80% -4.0 basis points

• China Iron Ore Spot 105.6 USD/Metric Tonne +.3%
• Dutch TTF Nat Gas(European benchmark) 31.4 euros/megawatt-hour -1.9%

• Citi US Economic Surprise Index 9.8 -1.0 point

• Citi Eurozone Economic Surprise Index 4.3 +8.6 points

• Citi Emerging Markets Economic Surprise Index 14.6 +4.8 points
• S&P 500 Current Quarter EPS Growth Rate YoY(147 of 500 reporting) +15.0% +1.8 percentage points
• S&P 500 Blended Forward 12 Months Mean EPS Estimate 297.27 +.54:  Growth Rate +13.5% +.2 percentage point, P/E 23.1 +.4
• S&P 500 Current Year Estimated Profit Margin 13.54% -2.0 basis points
• NYSE FANG+ Current Quarter EPS Growth Rate YoY(1 of 10 reporting) +7.6% unch.
• NYSE FANG+ Blended Forward 12 Months Mean EPS Estimate 483.64 +.86: Growth Rate +19.0% +.2 percentage point, P/E 34.6 +.8
• Bloomberg US Financial Conditions Index .65 +15.0 basis points
• Bloomberg Euro-Zone Financial Conditions Index 1.23 +13.0 basis points
• Bloomberg Global Trade Policy Uncertainty Index 2.9 -.4 point
• US Yield Curve 49.25 basis points (2s/10s) -1.5 basis points
• US Atlanta Fed GDPNow Q2 Forecast +3.9% unch.
• US Recession Within 6 Months Probability(3M/18M Forward Yld Curve Spread) 37.3% -1.7 percentage points

• Cleveland Fed Inflation Nowcast Core PCE YoY +2.85% -2.0 basis points: CPI YoY +2.97% -2.0 basis points
• 1-Year TIPS Spread 2.91 -4.0 basis points
• 10-Year TIPS Spread 2.29 -1.0 basis point
• Highest target rate probability for Dec. 10th FOMC meeting: 93.0% (+1.3 percentage points) chance of 3.5%-3.75%. Highest target rate probability for Jan. 28th meeting: 49.1%(+4.2 percentage points) chance of 3.5%-3.75%. (current target rate is 4.0-4.25%)
  

Overseas Futures:

• Nikkei 225 Futures: Indicating +8 open in Japan 
• China A50 Futures: Indicating +14 open in China

• DAX Futures: Indicating +80 open in Germany

Portfolio:

• Higher: On gains in my tech/industrial/consumer discretionary/biotech sector longs 
• Disclosed Trades: None
• Market Exposure: 100% Net Long

Bull Radar

Style Outperformer:

• Large-Cap Growth +1.6%

Sector Outperformers:

• 1) Semis +2.5% 2) AI/Innovation +2.2% 3) Biotech +1.6%

Stocks Rising on Unusual Volume:

• RNA, DYN, BBAR, GGAL, BMA, CEPU, LOMA, TGS, ZBIO, TEO, SMLR, GSIT, IRS, CRESY, PAM, YPF, UMAC, ETHZ, VIST, BBIO, DQ, IMVT, QCOM, JHG, ARQQ, KURA, DGNX, IDYA, GLNG, AAOI, QBTS, URGN, GLUE, CDTX, KDP, NRIX, FDMT, XNCR, NUVL, RMBS, RVMD, XPEV, LITE, MELI, CEPT, COGT, GEOS, TSLA, PPTA, BL, BUR, CLF, FCN, ZIM, ARLP, TVTX, RIVN, SEPN, OUST, TSEM, AVBP, APGE, SYRE, CADE, ZYME, ARM, SIMO, CRI, ABVX, LSPD, DECK, CSIQ, CRI, MUSA, TX, R, SOFI, NUE, ROIV, QUBT, IVZ and KMTS

Stocks With Unusual Call Option Activity:

• 1) ASST 2) REPL 3) HUN 4) ALIT 5) QCOM

Stocks With Most Positive News Mentions:

• 1) QCOM 2) DYN 3) ASST 4) BBIO 5) RNA

Sector ETFs With Most Positive Money Flow:

• 1) XLK 2) IYH 3) KRE 4) IYJ 5) ARKK

Charts:

• ETFs Rising on Unusual Volume
• Stocks Rising on Unusual Volume

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

Earnings of Note 
Company/Estimate 

Before the Open:

• (AMT)/2.66
• (AWI)/2.03
• (CARR)/.56
• (CECO)/.25
• (CHKP)/2.45
• (CVLT)/.94
• (GLW)/.66
• (DHI)/3.27
• (HUBB)/4.98
• (JBLU)/-.43
• (LH)/4.13
• (MSCI)/4.37
• (NEE)/1.04
• (PYPL)/1.20
• (REGN)/9.65
• (RGEN)/.42
• (RCL)/5.69
• (SHW)/3.44
• (SYY)/1.12
• (THC)/3.34
• (UNH)/2.80
• (UPS)/1.30
• (VFC)/.43
• (W)/.44 
• (SCCO)/1.23 

After the Close: 

• (BE)/.10
• (BKNG)/95.70
• (CAKE)/.60
• (EIX)/2.15
• (EA)/1.30
• (FLS)/.80
• (LSTR)/1.24
• (MTH)/1.63
• (MIR)//.10
• (MOD)/1.01
• (PPG)/2.08
• (RRR)/.39
• (STX)/2.40
• (LRN)/1.07
• (TER)/.79
• (V)/2.97 

Economic Releases 

9:00 am EST 

• The FHFA House Price Index MoM for Aug. is estimated to fall -.1% versus a -.1% decline in July.
• S&P Cotality CS 20-City MoM SA for Aug. is estimated to fall -.1% versus a -.07% decline in July.

10:00 am EST

• The Richmond Fed Manufacturing Index for Oct. is estimated to rise to -12.0 versus -17.0 in Sept.
• The Conference Board Consumer Confidence Index for Oct. is estimated to fall to 93.4 versus 94.2 in Sept. 

10:30 am EST

• Dallas Fed Services Activity Index for Oct. 

Upcoming Splits

• (NVA) 5-for-1

Other Potential Market Movers

• The weekly US retail sales reports, 7Y T-Note auction, M2 Money Supply (MoM) for Sept., API weekly crude oil stock report, (CTAS) annual meeting, (SYNA) annual meeting, (ADBE) investor meeting and the (SYNA) annual general meeting 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% Above 100-Day Average 
• Nasdaq/NYSE Volume Ratio 18.9 +.3
• 4 Sectors Declining, 7 Sectors Rising
• 58.3% of Issues Advancing, 39.5% Declining 
• TRIN/Arms 1.29 +2.4% 
  
• Non-Block Money Flow +$98.5M
  
• 112 New 52-Week Highs, 18 New Lows
• 65.9% (+1.3%) of Issues Above 200-day Moving Average
• Average 14-Day RSI 59.3 +2.3

Polymarket:

• Will Congress pass a funding bill by Oct. 31st?  8.0% -1.0 percentage point
• US tariff rate on China on Nov. 12th? 25-40% 75.0% +3.0 percentage points
• Will China invade Taiwan by end of 2026? 17.0% -1.0 percentage point
• US-Venezuela military engagement by Dec. 31st 50.0% -6.0 percentage points 

Other:

• Bloomberg Global Risk-On/Risk-Off Index 87.0 +3.5%
• US High-Yield All Sectors OAS Index 337.0 -6.5 basis points
• Bloomberg Cyclicals/Defensives Index 252.0 +1.0%
  
• Morgan Stanley Growth vs Value Index 171.6 -1.1%
• CNN Fear & Greed Index 37.0 (FEAR) +4.0
• 1-Day Vix 8.5 -41.8%
  
• Vix 16.0 -2.3%
  
• Total Put/Call .73 -11.0%

Monday Watch

Around X:

• @Business 

• China will make “substantial” purchases of US soybeans, Treasury Secretary Scott Bessent said Sunday after talks with Chinese counterparts. 
• American and Chinese officials are hashing out final details of a proposal for a trade deal in Malaysia, US Trade Representative Jamieson Greer says
  . 
• President Donald Trump said he believed he would strike a trade deal with Brazil as he met with counterpart Luiz Inacio Lula da Silva on Sunday.
• President Javier Milei’s party is on track to finish first in Argentina’s midterm vote in early counting, putting him on the brink of a major comeback from a September local election defeat that prompted a market selloff and a US financial lifeline.
• "We had an excellent - fruitful meeting with President Donald Trump. We got him to dance initially so that things cool off," Malaysia's Prime Minister Dato' Seri Anwar Ibrahim on his meeting with President Donald Trump at #BBGAsean. 
• Prime Minister Mark Carney’s government appeared to distance itself from the Ontario premier’s interventions on trade following Trump’s decision to increase tariffs because of an Ontario government television ad. 
• President Donald Trump oversaw the formalization of an agreement between Thailand and Cambodia to manage their border dispute, advancing a ceasefire he helped broker as he looks to bolster his case for a Nobel Peace Prize.
• Investors in the US Treasuries market, confident the Federal Reserve will deliver another interest-rate cut this week, are turning their attention to what policymakers signal about the path ahead.
• Trading houses, hedge funds and banks are on a hiring spree for specialist gold traders, creating a battle for talent that is driving up pay packages.
• US Transportation Secretary Sean Duffy warned that travelers will face more flight delays and cancellations as the shutdown exacerbates the air-traffic controller staffing crunch. 
• Novartis AG is nearing a deal to buy biotechnology company Avidity Biosciences Inc., according to a person familiar with the matter.
• The storm Melissa barrels toward a Tuesday landfall on Jamaica as a major hurricane and threatens deadly floods in Haiti, the Dominican Republic and Cuba.
• Get up to speed on what's moving global markets.
• Here's what you need to know to start your day.   

• @Zerohedge 

• How AI Is Becoming Weak Link In Cybersecurity. 
• Milei's Mandate Marches On In Decisive Midterms Win For His Party.
• BREAKING - A video of Democrat Katie Porter handing out free stuff to young students waiting in line to vote at UC Irvine is trending, showing exactly why California Democrats like Gavin Newsom oppose having people monitor their polling locations. (video)
• Did any journalist even bother to fact check Zohran Mamdani’s teary eyed claims about an aunt in NYC or were they too busy jerking off to this story? Because it looks like Mamdani’s only aunt doesn’t even wear a hijab and has never lived in New York: 
• Wow, Amy was warning about Mamdani five years ago… (video)
• Reports Of Low Voter Turnout For Key Midterm As Milei's Chainsaw Austerity & Big Beautiful Bailout On The Line.
• *DUFFY: ABOUT TO PULL $160M FROM CALIFORNIA OVER DRIVER LICENSES.
• French Socialists Pitch Scaled-Down Wealth Tax Bill As Offer To Save Lecornu, Macron, Avert Elections
  .
• Louvre Heist Suspects Caught, Crown Jewels Still Missing
  .
• Antifa Retreats From Portland ICE Facility After Police Dismantle Encampment
  .
• Miller Eviscerates TBS (Trump Ballroom Syndrome) Leftists
  . 
• Goldilocks Continues To Evade The Bears: These Are The 10 Top Charts That Goldman Traders Are Watching
  .
• IRS Reinstates $20,000 / 200-Transaction Threshold For Form 1099-K
  .
• Trump Brokers Thailand-Cambodia Peace Deal, Secures Asian Trade Deals; Bessent Says US, China Reach Trade "Framework"
  .
• Europe's Suicide Pact: Debt, War Economy, And The Climate Cult
  .   
   
• Chinese Nationals Arrested In Georgia For Attempting To Buy Black Market Uranium.
• Over 100 'BSL-4' Bioweapons Labs Now Operate Worldwide, With More Under Construction.
• Queensland LNP Government Restores Biological Definition Of 'Woman'.

• @CNBC

• Earnings playbook: Five 'Magnificent Seven' members are set to report in busy week.
• CNBC Daily Open: Cooler-than-expected U.S. consumer inflation adds to market cheer.
• Asia-Pacific markets set to jump after U.S.-China trade talks show progress.
• Stock futures climb ahead of Big Tech earnings, widely expected Fed rate cut: Live updates.

• @WSJ.com

• Heard on the Street: Anthropic is a less-flashy competitor to OpenAI, but it might have a better business model.
• Top U.S. and Chinese negotiators sounded a positive note on weekend trade talks, hailing what they called constructive discussions ahead of a meeting between President Trump and Chinese leader Xi Jinping.

• @CollinRugg

• Democrat New Jersey governor candidate Mikie Sherrill malfunctions after getting questioned on allegedly making millions from stock trades. Sherrill has been a U.S. Rep. since 2019. Charlamagne: Did you make $7 million in stock trades? Sherrill: I, I haven't, uh, I, I don't believe I did, but I'd have to go see what, what that was alluding to… (video)

• @EricLDaugh

• EPIC! The moment President Trump notices the Malaysian dancers and JOINS IN! It’s impossible NOT to love this. (video)

• @TheIntelSCIF

• "The 2020 Presidential Election, being rigged and stolen, is a far bigger SCANDAL." The Democrats, USAID, AWEB, the CCP, left-wing billionaires, Big Tech, Smartmatic, Dominion, fake IDs, fake ballots, rigged election software and machines, etc., are all involved. "WE KNOW EVERYTHING." - President Trump. (video)

• @WallStreetApes

• Everyone Take The Time To Really Listen To This. Eva Vlaardingerbroek. “If we don't start to seriously fight for our continent, for our religion, for our people, our countries, then this time that we live in will go down in history as the time in which Western nations no longer had to get invaded by hostile armies in order to be conquered, this time will then go down in history as the period in which the invader was actively invited in by a corrupt elite. And not only did this corrupt elite invite the enemy in, they made the native population pay for it too.” (video)
• Under Biden Democrats laundered SO MUCH MONEY. The government tracks ‘improper payments’ sent out. Here are the numbers. 2015: $43.3B. 2016: $41.1B. 2017: $36.2B. 2018: $31.6B. 2019: $31.6B. 2020: $81.9B. 2021: $281.09B. 2022: $247B. 2023: $236B. (video)

• @ProjectConstitu 

• BOMBSHELL: Steve Bannon EXPOSES the TRUTH on Charlie Kirk's Assassination! Bannon just dropped a nuke: Tyler Robinson DIDN'T act alone. This wasn't some lone wolf BS—it's a MASSIVE DEEP STATE CONSPIRACY pulling strings from the shadows! Global elites are at WAR right now—not with tanks, but with proxies. They're weaponizing the SHEEPLE as foot soldiers to sow chaos and seize control. Charlie Kirk was just the start. Unless our govt WAKES UP and CRACKS DOWN HARD, expect MORE assassinations, MORE political bloodshed. We're on the brink, patriots. Who's with me? Demand justice NOW! RT if you're ready to FIGHT BACK! (video)

• @WideAwake_media

• Many people know about Bill Gates' Apeel coating—a product designed to abnormally extend the shelf life of fruit and vegetables—but did you know an "organic" version is also being sprayed on organic produce? "Organipeel is registered as a pesticide with the EPA, but it still qualifies for that organic sticker." "You need safety glasses to use this, but it's okay to eat?" (video)

• @MJTruthUltra

• Rep Luna on Epstein: “I think based on what we’re being told, I think he was likely Foreign Intelligence, definitely gathering information…” We’re getting closer. She also said if they had anything on Trump, he would not be president right now… and based on what she’s seen, It’s very possible democrats did tamper with evidence. Also, more interestingly she says this is an ongoing “ACTIVE Legal Case” where the Treasury is getting involved. (video)

• @EYakoby

• NYC’s longest-serving top cop is warning of an “exodus” of New York Police Department cops if Zohran Mamdani wins. NYC will become unlivable if Zohran wins.

• @ValerieAnne1970

• "Remdesivir Was Too Unethical To Put Into Ebola Clinical Trials In Africa Because It Had A 53% Kill Rate." Dr David Martin, PhD. "The Gov't Chose Remdesivir That Kills 53% Of People...As The 'Drug Of Choice' For Covid." Still Prescribed Today & Now Approved For Newborn Infants. Remdesivir, under the brand name Veklury, is still the 1st line treatment in hospitals & outpatient clinics for the treatment of Covid. (video)
• Vaccines Are Now Considered 'Necessary Medical Biogenics'...You Will Be Vaccinated Against Your Will While Under Anesthesia. Do Not Sign Any Form Or Agree To Receive 'Biogenics' In A Medical Facility. This Gives Medical Staff Permission To Inject Any & All Vaccines They Choose. It is now more important than ever to read every word of all medical consent documents. Being admitted to a surgery facility, hospitalization, outpatient clinic or any medical office will put you or your loved ones at risk to receive vaccines, infusions, blood products & other treatments without your knowledge. 

• @akafaceUS

• BREAKING: People are digging up a 2010 CNN clip showing Obama’s $376M White House makeover — all paid for by taxpayers. Meanwhile President Trump’s $250M ballroom is coming out of his own pocket. (video)

• @EndWokeness

• Zohran is a textbook sociopath. Look at him trying to imitate human emotions. Obvious detachment. (video)

• @winwithsinsome

• Abigail Spanberger thinks moms are “confused” about men in girls’ locker rooms. No, Abigail. The only one confused here is you.

• @mazemoore

• Zohran Mamdani's father: America is the root of all evil and was the inspiration for the nazis. Hitler learned genocide from Abraham Lincoln. I'm sure Zohran loves America though. Nice job NYC. (video)

• @wallstengine

• Japan’s new PM Sanae Takaichi is considering buying around 100 Ford F 150s for government use as a goodwill move before Trump’s visit. Trump praised the plan aboard Air Force One, calling the F 150 “a hot truck” and saying Takaichi “has good taste.”

Night Trading

• Asian indices are +.75% to +1.75% on average.
• Asia Ex-Japan Investment Grade CDS Index 67.25 -2.5 basis points.
• China Sovereign CDS 42.25 -2.0 basis points.
• China Iron Ore Spot 104.5 USD/Metric Tonne +.2%.
• Swiss Franc/Offshore Chinese Renminbi Cross 8.94 +.03% 
  
• Bloomberg Emerging Markets Currency Index 36.29 -.04%.
• Bloomberg Global Risk-On/Risk Off Index 85.9 +2.2%.
• US 10-Year Yield 4.03% +3.0 basis points.
  
• Volatility Index(VIX) futures 17.9 -4.2%. 
• Euro Stoxx 50 futures +.39%.
• S&P 500 futures +.63%.
• NASDAQ 100 futures +.82%.

Morning Preview Links

BOTTOM LINE: Asian indices are modestly higher, boosted by technology and industrial shares in the region. I expect US stocks to open modestly higher and to maintain gains into the afternoon. The Portfolio is 100% net long heading into the week.