Wednesday, May 08, 2024

Thursday Watch

Evening Headlines

Bloomberg:

Zerohedge:  

Wall Street Journal:

CNBC.com:

TheGatewayPundit.com:

The Epoch Times:

OpenVAERS:
SKirsch.com:
Night Trading 
  • Asian equity indices are -.25% to +.5% on average.
  • Asia Ex-Japan Investment Grade CDS Index 104.0 +2.0 basis points.
  • China Sovereign CDS 65.0 +2.0 basis points.
  • China Iron Ore Spot 116.6 USD/Metric Tonne +1.7%.
  • Bloomberg Emerging Markets Currency Index 39.6 -.13%.
  • Bloomberg Global Risk-On/Risk Off Index 64.3 -.02%.
  • Volatility Index(VIX) futures 14.6 +.05%.
  • Euro Stoxx 50 futures unch.
  • S&P 500 futures -.03%.
  • NASDAQ 100 futures -.11%.  
Morning Preview Links

BOTTOM LINE: Asian indices are mostly higher, boosted by technology and financial 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 day.

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