Sunday, April 09, 2023

Monday Watch

Today's Headlines

Bloomberg:
Wall Street Journal:
Fox News:
CNBC:
Zero Hedge: 
MarketWatch.com: 
TheGatewayPundit.com: 
The Epoch Times:
Twitter:
OpenVAERS:
SKirsch.com:
Night Trading
  • Asian indices are unch. to +.5% on average.
  • Asia Ex-Japan Investment Grade CDS Index 132.25 unch.
  • China Sovereign CDS 73.75 -.75 basis point.
  • China Iron Ore Spot 118.4 USD/Metric Tonne +2.1%
  • Bloomberg Emerging Markets Currency Index 47.7 -.03%.
  • Bloomberg Global Risk-On/Risk Off Index 53.6 +1.8%.
  • Bloomberg US Financial Conditions Index -.28 +1.0 basis point. 
  • Volatility Index(VIX) futures 21.5 -.13%. 
  • Euro Stoxx 50 futures n/a.
  • S&P 500 futures +.02%.
  • NASDAQ 100 futures -.20%.

BOTTOM LINE: Asian indices are mostly higher, boosted by technology and industrial shares in the region. I expect US stocks to open mixed and to rally into the afternoon, finishing modestly higher.  The Portfolio is 50% net long heading into the week.

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