Wednesday, July 24, 2024

Thursday Watch

Around X:

  • @JoshWalkos
  • @rawsalerts
  • @CollinRugg
  • @MikeBenzCyber
  • @JamesMelville
  • @LauraLoomer
  • @BGatesIsaPsycho
  • @kylenabecker
  • @Breaking911
  • @DC_Draino
  • @MJTruthUltra
  • @WallStreetApes
  • @legislationpage
  • @IsabellaMDeLuca
  • @choeshow
  • @EYakoby  
  • @MattBraynard
  • @The_Real_Fly
  • @MattWallace888
  • @TinaZimmermann4
  • @BehizyTweets
  • @disclosetv
Night Trading 
  • Asian equity indices are -1.75% to -.75% on average.
  • Asia Ex-Japan Investment Grade CDS Index 97.5 +3.0 basis points.
  • China Sovereign CDS 67.5 +5.25 basis points.
  • China Iron Ore Spot 99.7 USD/Metric Tonne -1.2%
  • Bloomberg Emerging Markets Currency Index 39.01 -.28%.
  • Bloomberg Global Risk-On/Risk Off Index 54.2 +2.7%.
  • Volatility Index(VIX) futures 17.2 +.5%.
  • Euro Stoxx 50 futures -.33%.
  • S&P 500 futures +.22%.
  • NASDAQ 100 futures +.34%.  
Morning Preview Links

BOTTOM LINE: Asian indices are lower, weighed down by commodity and technology shares in the region. I expect US stocks to open modestly higher and to weaken into the afternoon, finishing mixed.  The Portfolio is 50% net long heading into the day.

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