Evening Headlines
Bloomberg:
- Shadowy China Firms Spend Billions on Land Shunned by Developers.
- GOP Lawmakers Press NBC to Address Human Rights in Olympics Coverage.
- Bear Market Looms for China’s Equity Benchmark During Volatility.
- Asia Stocks, U.S. Futures Steady Ahead of Fed: Markets Wrap.
- Oil Holds Above $85 as Traders Focus on Stockpile Draw, Ukraine.
- Stocks Trading on Fumes Probably Aren’t Keeping the Fed Awake.
- These 12 U.S. States Have Restored Employment to Pre-Covid Levels.
- Retail Dip-Buyers Get Whiplashed Big Time by Historic Volatility.
- Mark Zuckerberg’s Stablecoin Ambitions Unravel With Diem Sale Talks.
- Bank of America Employees to Share Stock Award of $1 Billion.
- Retail’s Latest Challenge Is a ‘Problematic’ Number of Returns.
- A Nor’easter Approaching New York Risks Becoming a Bomb Cyclone.
- California's Plan to Slash Solar Subsidies Seen Cutting Market in Half.
- Self-Driving Car Users Should Not Be Responsible ‘If Anything Goes Wrong’: Report.
Wall Street Journal:
- Fidelity, Once Stodgy and Adrift, Bets on the Reddit Crowd.
- SAT Changes Will Make Exam Shorter, Simpler and Digital.
- Covid-19 Fuels Best-Ever Commercial Real-Estate Sales.
- Cryptocurrency Doesn’t Amount to Much. Blockchain merely mirrors rudimentary parts of the regulated financial system.
Fox News:
- Pelosi sees her power slip in chaotic 2021, with Democratic retirements, infighting.
- Bill Hemmer calls out fine print on those at-home COVID tests WH sent you.
- One state wants to make it illegal to ask for your vaccine status.
CNBC.com:
- The Fed is likely to signal a March interest rate hike and that further policy tightening is coming.
- Logitech turns in strong quarter, but CEO says supply woes still held back sales.
- Trillion-dollar tech companies set to report results amid worst January slump since 2008.
- A more than $761 billion dilemma: Returns jump as retailers’ online sales grow.
- Stocks making the biggest moves after the bell: Microsoft, F5, Navient & more.
MarketWatch:
Zero Hedge:
- 'It's Him Or Me': Neil Young Throws Tantrum Over Joe Rogan, Demands Spotify Remove His Songs.
- Joe Biden's Gasoline Problem Is Back.
- Biden Family Made $31 Million From Individuals With 'Direct Ties To Chinese Spy Apparatus': Schweizer.
- Flashback: Fauci Spreading False Information On AIDS.
- Pfizer Board Member Suggests End To Mask, Vaccine Mandates.
- FBI Searches Illinois 'Center For COVID Control' Headquarters Following Complaints: Officials.
- Yep, They're Still Riding The "Omicron" Wave...
- Judge Saves New York's Mask Mandate After Last-Minute Appeal From Democrats.
- Russia-Ukraine Crisis Deescalating As NATO Countries Break From Bellicose US-UK Stance.
- Woman Who Came Into Contact With Escaped Monkeys Says She Developed Symptoms.
- WTI Dips After Smaller Than Expected Crude Draw.
- Buzzfeed Shares Crater: Down 60% As SPAC Bloodbath Worsens.
- 2nd NYPD Officer Dies After Being Shot During Harlem Ambush.
- A Bearish Bank Of America Says It's Time To "Buy Some Dips".
- Durham: DNC Lawyer Marc Elias Has Given Grand Jury Testimony.
- Microsoft Tumbles Despite Beating Across The Board.
- 'Deja Vu All Over Again' As Stocks Dump'n'Pump Again Ahead Of Fed.
Newsmax:
- Rep. Babin: Biden Turning His Back on Border Crisis.
- K.T. McFarland: Ukraine a 'Done Deal' for Putin.
TheGatewayPundit.com:
- Ford Motor Company Bucks Supreme Court – Moves Forward with their Own Vaccine Mandate for Remote Workers.
- “Omicron Transmission is Likely Facilitated by The Vaccines”: Dr. Malone Warns That If We Keep Vaccinating, We Risk Developing a More “Pathogenic Virus” – (VIDEO).
- NEW FOOTAGE Shows Ashli Babbitt Punched Violent Rioter Who Was Breaking Windows In The Face Just Seconds Before She Was Shot Dead (VIDEO).
- Psaki Has No Answer When asked Why a Large Number of Military-Aged Males Are Being Released Into the US Hours After Being Apprehended at Border (VIDEO).
- Another House Democrat Announces Retirement – Dem Rep. Jim Cooper Will be Leaving Congress After 32 Years in Office.
- Leftists Attack, Then Fight Americans For Not Wearing Masks at ‘Defeat The Mandates’ Rally in DC (VIDEO).
- Breaking: Georgia Officials Tampered With and Deleted Hours of Ballot Box Video Before It Was Released to Investigators.
- Biden’s Deputy Nat Sec Advisor Says Americans Should Care About Ukraine Because “Sovereignty Should be Respected” (VIDEO).
- 178,840 Illegals Captured and Released at Border in December — Nearly 2 Million This Year — But Biden Regime Worried about Ukraine’s Border!
- Stalinesque Cruelty: Biden’s FDA Blocks Florida from Using Life-Saving Monoclonal Antibody Treatments for COVID Patients.
Twitter:
- @BeachLife7 - Globalists are desperate to purge this video from the internet, and history. Watch it to the end, and you’ll soon see why. (video)
- @ThorDeplorable - Nurse Jennifer Bridges gives first hand account. video 1/2. Nurse Jennifer Bridges gives first hand account. video 2/2.
- @TheChiefNerd - Registered nurse Nicole Sirotek shares what she saw on the front lines in NYC. (video)
- @phyxx - Please retweet this far and wide. These numbers need to reach more people! (video)
GETTR:
OpenVAERS:
- VAERS US COVID Vaccine Adverse Event Reports. 732,882 Reports(+9,841 from prior week) Through January 14, 2021.
SKirsch.com:
- Using the MGH numbers with our own VAERS queries, we have 247 cases per million doses from the MGH study divided by 5.97 cases per million doses from VAERS. 247/5.97 = 41. This suggests that the VAERS under-reporting factor (URF) is 41X.
Covid-19(Data, Maps, Graphs):
- Our World in Data: New Global Covid-19 Cases(7-day rolling average graphs). New US Covid Hospital Admissions/ICU Admissions/Deaths
- FT.com: Fully Vaccinated by Country(graph). Global Lockdown Stringency Index(map).
- Bloomberg.com: International Travel Restrictions. Case Graphs by State.
- NYTimes.com: County Trends and Clusters. Local ICU Occupancy.
- Brown School of Public Health: Covid Severity by State/County(map). US Hospital Capacity(region).
- CovidActNow: Covid Severity/Infection Rate by Metro Area.
- KFF: US Vaccinations by Race/Ethnicity.
- Carnegie Mellon: Covid-Like Symptoms in Community. Covid Symptom Searches on Google. Covid-Related Dr.Visits. Restaurant Visits. Wearing Masks. (graphs)
- Safegraph.com: Commerce Patterns(graphs).
Night Trading
Morning Preview Links
Earnings of Note
Company/Estimate
- Asian equity indices are -.25% to +.5% on average.
- Asia Ex-Japan Investment Grade CDS Index 90.0 +.5 basis point.
- China Sovereign CDS 48.25 unch.
- Bloomberg Emerging Markets Currency Index 54.17 +.01%.
- Bloomberg Global Risk-On/Risk Off Index 2,541.0 +36.0 points.
- Volatility Index(VIX) futures 28.05 -.41%.
- Euro Stoxx 50 futures +.17%.
- S&P 500 futures +.05%.
- NASDAQ 100 futures +.30%.
Earnings of Note
Company/Estimate
Before the Open:
- (ABT)/1.21
- (APH)/.64
- (ANTM)/5.12
- (T)/.76
- (ADP)/1.63
- (BA)/-.19
- (GLW)/.52
- (FCX)/.91
- (GD)/3.37
- (HES)/.75
- (KMB)/1.25
- (KNX)/1.43
- (NDAQ)/1.77
- (NSC)/3.04
- (OSK)/.84
- (PGR)/1.01
After the Close:
- (CNMD)/1.03
- (CCI)/1.73
- (EW)/.55
- (INTC)/.91
- (LRCX)/8.50
- (LSTR)/2.86
- (LVS)/-.22
- (LEVI)/.40
- (RJF)/1.76
- (STX)/2.36
- (NOW)/1.43
- (TER)/1.29
- (TSLA)/2.36
- (URI)/6.69
- (VRTX)/3.29
- (WHR)/5.93
- (XLNX)/1.02
Economic Releases
8:30 am EST
- The Advance Goods Trade Balance for Dec. is estimated at -$96.0B versus -$98.0B in Nov.
- Wholesale Inventories MoM for Dec. is estimated to rise +1.2% versus a +1.4% gain in Nov.
- Retail Inventories MoM for Dec. is estimated to rise +1.5% versus a +2.0% gain in Nov.
10:00 am EST
- New Home Sales for Dec. is estimated to rise to 760K versus 744K the prior week.
10:30 am EST
- Bloomberg consensus estimates call for a weekly crude oil inventory
gain of +166,440 barrels versus a +515,000 barrel gain the prior week.
Gasoline supplies are estimated to rise by +1,947,110 barrels versus a
+5,873,000 barrel gain the prior week. Distillate inventories are
estimated to fall by -1,492,890 barrels versus a -1,431,000 barrel
decline the prior week. Finally, Refinery Utilization is estimated to
fall by -.31% versus a -.3% decline prior.
2:00 pm EST
- The FOMC is expected to leaves the benchmark Fed Funds Rate at 0.00-.25%.
Upcoming Splits
- None of note
Other Potential Market Movers
- The Australia Export/Import Prices, weekly MBA Mortgage Applications report, TD Securities Mining Conference and the (KMI) investor day could also impact global trading today.
- 9:30 am - 4:00 pm EST