Sunday, March 28, 2021

Monday Watch

Today's Headlines
Bloomberg:             
Wall Street Journal:
Fox News:
CNBC:  
Zero Hedge: 
MarketWatch.com:    
NewsMax:  
TheGatewayPundit.com:
Night Trading
  • Asian indices are -.25% to +.75% on average.
  • Asia Ex-Japan Investment Grade CDS Index 63.5 -.5 basis point.
  • China Sovereign CDS 34.0 unch.
  • Bloomberg Emerging Markets Currency Index 60.15 -.06%.
  • Bloomberg Global Risk-On/Risk Off Index 2,865.0 +6.0 points.
  • Volatility Index(VIX) futures 21.75 +1.7%. 
  • Euro Stoxx 50 futures +.1%.
  • S&P 500 futures -.38%.
  • NASDAQ 100 futures -.42%

Earnings of Note
Company/Estimate

Before the Open:
  • (CALM)/.06
After the Close:
  • (SEER)/-.31
Economic Releases
10:30 am EST
  • The Dallas Fed Manufacturing Activity Index for March is estimated to fall to 14.5 versus 17.2 in Feb.
Upcoming Splits
  • (SHW) 3-for-1
Other Potential Market Movers
  • The Japan unemployment rate could also impact trading today.
Market Hours
Normal:
  • 9:30 am - 4:00 pm EST
BOTTOM LINE: Asian indices are mostly higher, boosted by technology and industrial shares in the region. I expect US stocks to open modestly lower and to rally into the afternoon, finishing mixed.  The Portfolio is 75% net long heading into the week.

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