Monday, September 02, 2024

Tuesday Watch

Around X:

  • @elonmusk
  • @amuse
  • @LauraLoomer
  • @Rasmussen_Poll
  • @HealthRanger
  • @stkirsch
  • @catturd2
  • @DC_Draino
  • @wideawake_media
  • @WallStreetSilv
Night Trading
  • Asian indices are unch. to +.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 93.75 +1.75 basis points.
  • China Sovereign CDS 57.75 +.25 basis point.
  • China Iron Ore Spot 97.2 USD/Metric Tonne +.4%.
  • Bloomberg Emerging Markets Currency Index 38.9 -.06%.
  • Bloomberg Global Risk-On/Risk Off Index 58.4 +3.4%.
  • Volatility Index(VIX) futures 17.4 +.05%. 
  • Euro Stoxx 50 futures -.06%.
  • S&P 500 futures -.07%.
  • NASDAQ 100 futures -.22%.

BOTTOM LINE: Asian indices are slightly 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 100% net long heading into the week.

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