Thursday Watch

Around X:

• @elonmusk

• Trending Well. (electoral map)
  

• @TuckerCarlson

• This is openly totalitarian. If we don’t resist this, we’re done: “Just because you legally possess a gun in the sanctity of your locked home doesn't mean that we're not going to walk into that home and check to see if you're being responsible.” (video)

• @bennyjohnson
  

• President Trump reacts to Teamsters not endorsing either candidate for the 2024 Presidential Election: "It's a great honor. They're not going to endorse the Democrats. That's a big thing!" (video)
  

• @DC_Draino
  

• I’m confused. For the first time in 30+ years the Teamsters Union will not be endorsing a Presidential candidate. They said they didn’t have “majority support” among their members for 1 or the other. I’m sorry but doesn’t 58% count as a majority? The members want Trump. The corrupt bosses want Kamala. (pic)

• @nicksortor

• WATCH: A Springfield City Council Member was caught on a hit mic saying “literally I really don't give a sht about the business of the city”. And a resident CALLED HER OUT! The entire council needs to be FIRED! (video)
• #BREAKING: Iranian hackers sent Joe Biden’s campaign information that was stolen from Donald Trump’s campaign, according to the FBI. IRANIAN COLLUSION! IMPEACH BIDEN! (That’s how this works, right?)
• The sea of patriots here to see Trump on Long Island is INSANE. Local media is reporting over 50,000 PEOPLE (and climbing!) in the overflow area already, and Trump doesn't speak for several more hours. This TERRIFIES Kamala. New York is turning out for Trump! (video)

• @WallStreetApes

• Import The 3rd World, Become The 3rd World. “Horses missing after a barn break in — Animals found butchered about a mile away.” Butchered and eaten for food. “They’re our children, and they were abducted and killed for meat” “This is the same thing as going into somebody’s yard, taking their dog and cooking it — Our children are heartbroken, my wife’s heartbroken”. (video) 
• Former Rep Tulsi Gabbard exposing Congress Reps quickly become multimillionaires by making decisions that influence our markets. Former Rep George Santos exposing Congress Reps get classified information & are actually told THE EXACT DAY to do certain trades in the stock market. Tulsi Gabbard “The reality is you're in a position where you're making decisions either in committee or on the house floor that influence our markets, that influence the outcomes of certain industries, either causing some to tank or others to skyrocket.” Lobbyists are also paying for Congress Reps tuition at fancy Ivy League schools.
• This Video Is A Collection Of Clips Of Springfield Ohio Residents Trying To Get Their Stories About What’s Happening To Them Out To Fellow Americans. Illegal Migrants are “Paying cash for houses”. “It's called displacement. They're displacing our community. What they're doing is drop, they dropped all these people in our community, which crank the prices of everything up. Everything, the houses, the groceries, everything. Everything is through the roof. The prices of used cars on marketplace, they're buying everything with cash. They're paying cash for houses. I've never been able to pay cash for a house in my life.” (video)

• @scrippsnews

• A majority of Americans support the mass deportation of undocumented immigrants, according to a new Scripps News/Ipsos survey.

• @BehizyTweets
  

• BREAKING: JD Vance reveals that journalists who cover Kamala Harris's campaign are telling him that she is PANICKING about her internal polling numbers behind closed doors. While pollsters publish fake polls to influence public perception, Kamala is scared of the real numbers. This is just more proof that everything they do is fake. We all need to DISTRUST anything the pollsters say. Our job is to vote and make sure everyone around us is registered to do the same. (video)
  

• @MarioNawfal
  

• IRAN VOWS RESPONSE TO ATTACK ON ENVOY IN LEBANON. Iran will follow up on the pager explosion attacks against its envoy in Lebanon, reserving its rights under international law to take "necessary measures," according to a letter from Iran's UN envoy. The letter emphasizes Iran’s commitment to responding to the incident. (pic)
  

• @MarioNawful

• HEZBOLLAH RADIO EXPLOSIONS LARGER THAN PAGER BLASTS. Today’s Hezbollah radio explosions caused far more damage than yesterday’s pager blasts. Casualties are now in the hundreds, however, expected to rise, but compared to thousands from the previous day it appears that Hezbollah operatives may have stopped using some of the impacted devices.
• DIDDY'S LIFE 'IN DANGER' AT NYC JAIL, FORMER WARDEN WARNS. Sean "Diddy" Combs is in serious danger at Brooklyn's Metropolitan Detention Center (MDC), where violent inmates may target him, according to former warden Cameron Lindsay. Diddy, 54, is being held in the Special Housing Unit awaiting trial for sex trafficking, after being denied bail.
  

• @amuse
  

• TX ELECTION INTEGRITY: Something is rotten in Texas. Around March of this year a number of independent journalists began reporting that Texas was registering a record number of voters without ID using the Social Security Administration's HAVV No-ID Voter Database. Based on the data the SSA was reporting it appeared as if Texas was registering around a million voters per month without ID. Very quickly
  @GovAbbott's Secretary of State @TXsecofstate issued a statement that Texas voter rolls had only increased 57,711 in 2024.

Night Trading 

• Asian equity indices are -.25% to +.75% on average.

• Asia Ex-Japan Investment Grade CDS Index 95.75 -.75 basis point.

• China Sovereign CDS 58.0 -.5 basis point.
  
• China Iron Ore Spot 91.2 USD/Metric Tonne +.5%

• Bloomberg Emerging Markets Currency Index 39.94 -.08%.
• Bloomberg Global Risk-On/Risk Off Index 52.0 +2.8%.
• Volatility Index(VIX) futures 18.8 +.32%.
• Euro Stoxx 50 futures +.70%.

• S&P 500 futures +.49%.

• NASDAQ 100 futures +.75%.  

Morning Preview Links

BOTTOM LINE: Asian indices are mostly higher, boosted by industrial 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 75% net long heading into the day.