Sunday, February 12, 2023

Monday Watch

Today's Headlines

Bloomberg:                                
Wall Street Journal:
Fox News:
CNBC:
Zero Hedge:    
MarketWatch.com:          
TheGatewayPundit.com:  
Twitter:
OpenVAERS:
SKirsch.com:
Night Trading
  • Asian indices are -1.25% to -.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 109.75 +4.25 basis points.
  • China Sovereign CDS 61.0 +2.5 basis points.
  • China Iron Ore Spot 122.4 USD/Metric Tonne -1.9%
  • Bloomberg Emerging Markets Currency Index 47.9 -.12%.
  • Bloomberg Global Risk-On/Risk Off Index 60.5 +.3%.
  • Bloomberg US Financial Conditions Index .36 -7.0 basis points. 
  • Volatility Index(VIX) futures 22.2 +.68%. 
  • Euro Stoxx 50 futures -.21%.
  • S&P 500 futures -.46%.
  • NASDAQ 100 futures -.58%.

BOTTOM LINE: Asian indices are modestly lower, weighed down by financial and industrial 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.

No comments: