Sunday, December 05, 2021

Monday Watch

Today's Headlines

Wall Street Journal:
Fox News:     
Zero Hedge:
Covid-19(Data, Maps, Graphs):
Night Trading
  • Asian indices are -.75% to -.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 93.5 +.5 basis point.
  • China Sovereign CDS 52.5 -.25 basis point.
  • Bloomberg Emerging Markets Currency Index 53.42 -.03%.
  • Bloomberg Global Risk-On/Risk Off Index 1,683.0 +42.0 points.
  • Volatility Index(VIX) futures 28.0 -2.3%. 
  • Euro Stoxx 50 futures +.98%.
  • S&P 500 futures +.45%.
  • NASDAQ 100 futures +.06%.

Earnings of Note

Before the Open:
  • (SAIC)/1.46
After the Close:
  • (CMTL)/-.22
  • (COUP)/.02
  • (HQY)/.35
  • (MDB)/-.38
Economic Releases
  • None of note
Upcoming Splits
  • None of note
Other Potential Market Movers
  • The Eurozone Factory Orders report, Capital One Energy Conference, Raymond James Tech Conference, UBS Media/Telecom/Tech Conference and the BofA Home Care Conference could also impact trading today.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST
BOTTOM LINE: Asian indices are mostly lower, weighed down by industrial and financial shares in the region. I expect US stocks to open modestly higher and to weaken into the afternoon, finishing modestly lower.  The Portfolio is 50% net long heading into the week.

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