Thursday, March 02, 2023

Friday Watch

Evening Headlines

Bloomberg:     

Fox News:
Zero Hedge:
Newsmax:     
OpenVAERS:
SKirsch.com:
Night Trading 
  • Asian equity indices are -.25% to +.75% on average.
  • Asia Ex-Japan Investment Grade CDS Index 112.5 +.25 basis point. 
  • China Sovereign CDS 67.5 -.25 basis point. 
  • China Iron Ore Spot 126.4 USD/Metric Tonne -.02%.
  • Bloomberg Emerging Markets Currency Index 47.6 +.08%.
  • Bloomberg Global Risk-On/Risk Off Index  66.6 +1.6%. 
  • Bloomberg US Financial Conditions Index .20 -8.0 basis points.
  • Volatility Index(VIX) futures 21.4 +.7%.
  • Euro Stoxx 50 futures +.54%.
  • S&P 500 futures -.18%.
  • NASDAQ 100 futures -.23%.  
Morning Preview Links

BOTTOM LINE: Asian indices are mostly higher, boosted by consumer and industrial shares in the region. I expect US stocks to open mixed and to weaken into the afternoon, finishing modestly lower.  The Portfolio is 25% net long heading into the day.

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