Bear Radar

Style Underperformer:

• Small-Cap Value -2.1%

Sector Underperformers:

• 1) Energy -4.2% 2) Oil Service -3.8% 3) Homebuilding -2.6%

Stocks Falling on Unusual Volume: 

• MP, CRM, SAGE, LMND, CIIC, LGVW, SBE, HYLN, APPN, NKLA, MP, BDTX, GNRC, GPS, FSR, AAL, GRBK, CCL, MAC, ANF, CIIC, SBE, EVER and HYLN
  

Stocks With Unusual Put Option Activity:

• 1) GME 2) GPN 3) SCHW 4) GES 5) XBI
  

Stocks With Most Negative News Mentions:

• 1) PT 2) PTCT 3) CDEV 4) PPL 5) LYV
  

Charts:

• ETFs Falling on Unusual Volume
• Stocks Falling on Unusual Volume

Bull Radar

Style Outperformer:

• Mid-Cap Growth +.1%

Sector Outperformers:

• 1) Digital Health +.5% 2) Semis +.3% 3) Biotech +.2%

Stocks Rising on Unusual Volume:

• VERI, GTHX, MRNA, PI, GMHI, NVAX, ARCT, GME, APPS, EPZM, KPTI, TBIO, SI, BCOV, SONO, WORK and CDK
  

Stocks With Unusual Call Option Activity:

• 1) BOX 2) IGC 3) NUAN 4) AVYA 5) ECPG

Stocks With Most Positive News Mentions:

• 1) APDN 2) QCOM 3) CRWD 4) UAL 5) PLUG
  

Charts:

• ETFs Rising on Unusual Volume
• Stocks Rising on Unusual Volume

Mid-Day Market Internals

NYSE Composite Index:

• Volume Running +25.6% Above 100-Day Average
• 0 Sectors Rising, 11 Sectors Declining
• 24.6% of Issues Advancing, 73.0% Declining
• 145 New 52-Week Highs, 3 New Lows
• 84.4% of Issues Above 200-day Moving Average
• Average 14-Day RSI 57.1% 
• Bloomberg Global Risk-On/Risk-Off Index 1,222.0 -112.0 points
• Vix 22.1 +5.8%
• Total Put/Call .70 -5.4%
• TRIN/Arms 1.15 -30.7%

Monday Watch

Today's Headlines

Bloomberg:     

• Bolsonaro Delays Congratulating Biden on Fraud Allegations.  
• U.K. Unveils 5G Plan Banning Huawei Installations From September.  
• Japan’s Factory Output Keeps Gaining Even as Virus Resurges.
• Australia Central Bank Seen Holding After Success of QE Drive.  
• Stocks Swing as Record Month Nears End; Oil Slips: Markets Wrap.  
• Oil Retreats on Signs of OPEC+ Discord Ahead of Key Meeting.
• OPEC Faces Seismic Demand Split as Cartel Plots Next Move.  
• Covid Task Force Promises Rapid December Vaccine Rollout.
• Airbnb and DoorDash Set Sights on Higher IPO Valuations: DJ.  
• Eerie Calm in Treasuries Is at the Mercy of Jobs and Virus Data.

Wall Street Journal:

• Investors Pile Into Risky ETFs During Wild Market Rally.
• GM’s Closed Lordstown Factory Spawns a Wave of Industrial Migrants.
• Tesla’s S&P Debut Is Set to Put $100 Billion in Motion.
• Beware the Dow 30K Euphoria.
• Iran’s Nuclear Efforts Pose Growing Threat to Its Foes.
• Grocery-Store Pharmacies Get Ready to Provide Covid Vaccines.
• State, Local Governments Slashed Spending. Next Year Could Be Worse.
• The NFL’s Thanksgiving Weekend Has Become a Covid Crisis.
• How to Stop the Paris Climate Accord.
• S&P Global in Advanced Talks to Buy IHS Markit.

Fox News:

• Trump accuses FBI, DOJ of 'helping rig the vote'' in Fox News exclusive.
• President slams judges' election decisions: 'What kind of a court system is this?'.
• Kamala Harris slammed for sucking up to small businesses after bailing out agitators.

CNBC:

• OPEC+ considers delay to its output hike, but faces a resurgent U.S. shale industry.
• Fauci says Christmas and New Year’s restrictions will be necessary due to holiday coronavirus wave.
• Zoom investors are looking to a post-pandemic 2021 even with current growth at over 300%.
  

Zero Hedge: 

• Judge Blocks, Then Unblocks Georgia From Wiping Or Resetting Election Machines.
• Newt Gingrich: 2020 Election May Be Biggest Presidential Theft Since 1824.
• FBI Asks Pro-Trump Statistician To Share Findings Into Illegal Ballots.  
• NYC Pub Declares Itself "Autonomous Zone" After Government Tries To Shut It Down.
• Over Half Young American Adults Now Live With Their Parents.
• Michael Flynn Says Coup Against Trump Still In Progress In First Public Remarks Since Pardon.
• NYC To Reopen Elementary Schools, Phase Out Hybrid Learning.
• Chinese Government Stepping Up Propaganda To Change COVID Origin Story.
• The 'Smartest Man In The Room' Just Joined Sidney Powell's Team   Market Risk Elevated Heading Into Distribution Season.
• Iran's 'Retaliation' Begins: Parliament Votes To Raise Uranium Enrichment To 20%.
• 1 In 13 Of All US Nursing Home Residents Have Died Of COVID-19.
• Delta And Alitalia Offer "Quarantine-Free" Flights In First Push To Jump Start Travel Industry.
• CCP Imposes Tough New 'Social Credit Score' Rules.
• Visualizing 50 Years Of Gaming History, By Revenue Stream (1970-2020).
• 2021 Would Be A Great Time To Audit The Fed.
• Cali Mansion Once Listed For $100 Million Sells For "Only" $48.4 Million.

NewsMax:

• Trump Suggests Special Prosecutor For 'Rigged' Election.
• Trump: Would Like to File 'Nice Big Beautiful Lawsuit' to Challenge Election.
• Sen. Paul Calls Out 'Anomalies in Vote Counts,' Big Tech.
  

 TheGatewayPundit.com:

• Five Videos – Five States Where Votes Were Switched Live on TV Away from President Trump to Biden –Updated.
• “I’m Going to Use 125% of My Energy to Do It” – President Trump Vows to Reveal Massive Voter Fraud and Overturn Results in 2020 Election (VIDEO).

The Epoch Times:

• More Pain Ahead for Chinese Bond Market. 
• Charity Worker Describes Worsening Poverty in China as Beijing Claims It Has Eliminated Poverty Nationwide.

@kylenabecker:

• The *software update* Georgia is doing with Dominion voting machines is tantamount to destroying evidence at the heart of ongoing legal disputes. The American people are being deprived of transparency necessary for a free & fair election. Unacceptable. 
• "I conclude with high confidence that the election 2020 data were altered in all battleground states"... US Intelligence Expert with PhD. in computer systems management & DIA/CIA/FBI/NSA/DHS advanced training *SHREDS* claims 2020 election was free & fair.
  

ProtectTheVote.com: 

• Serious allegations of misconduct in the 2020 elections have resulted in unprecedented legal action to ensure our elections are -- and remain -- free and fair. Find out where we’re exposing fraud and how you can help.

HereIsTheEvidence.com:

• This is for aggregating publicly available items of voter fraud evidence in the US election that would be admissible in court.

Digital Blackboard:

• Daily New Cases by Region.

Worldometer:

• New Cases/Deaths by state.

Rt Covid-19:

• How fast virus is growing by state.

KFF:

• State Data(Tests/Hospitalizations).

Night Trading

• Asian indices are -.25% to +.5% on average.
• Asia Ex-Japan Investment Grade CDS Index 59.75 +.5 basis point.
• China Sovereign CDS 30.25 unch.
• Bloomberg Emerging Markets Currency Index 61.28 unch.
• Bloomberg Global Risk-On/Risk Off Index 1,379.0 +44.0 points.
• Volatility Index(VIX) futures 22.95 +.55%. 
• Euro Stoxx 50 futures -.48%.
• S&P 500 futures -.22%.
• NASDAQ 100 futures +.13%.

Morning Preview Links

Earnings of Note

Company/Estimate

Before the Open:

• (ATHM)/1.00
  

After the Close:

• (ZM)/.76
  

Economic Releases

9:45 am EST

• The MNI Chicago PMI for Nov. is estimated to fall to 59.1 versus 61.1 in Oct.
  

10:00 am EST

• The Pending Home Sales MoM report for Oct. is estimated to rise +1.5% versus a -2.2% decline in Sept.

10:30 am EST

• The Dallas Fed Manufacturing Activity report for Nov. is estimated to fall to 15.8 versus 19.8 in Oct.

Upcoming Splits

• None of note
  

Other Potential Market Movers

• The Italian inflation reports, CSFB Tech/Media/Telecom Conference, Citi Basic Materials Conference, Goldman Sachs Industrials Conference and the (DPZ) investor day could also impact trading today.

Market Hours
Normal:

• 9:30 am - 4:00 pm EST

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

Today's Headlines

Bloomberg:          

• Iran Pledges Payback at ‘Right’ Time Over Scientist’s Killing.
• Asia’s 20 Richest Families Control $463 Billion.
• BOE’s Haldane Says QE Size Challenges Central Bank Independence.    
• San Francisco Locks Down; NYC Cases Tick Up Again: Virus Update.
• Covid Drugs From Lilly, Regeneron Raise Access, Timing Concerns.
• The Pandemic Has Broken Shale and Left Oil Markets in OPEC Hands.  
• Electric Carmakers Are in a Stock Market Bubble.

Wall Street Journal:

• Stocks Say Covid Recovery Is Nigh. Bonds Tell a Different Story.
• House to Vote on Booting Chinese Stocks From U.S. Over Audit Rules.
• Black Friday Shopping in the Covid-19 Era.
• Tesla’s Delayed Semi Truck Tests Elon Musk’s Ability to Scale Up.
• Pausing Loan Payments During Covid Is Producing Uneven Results.
• ‘Their Goal Is to Make You Feel Helpless’: In Xi’s China, Little Room for Dissent.
• Public Transit Agencies Slash Services, Staff as Ridership Dips.

CNBC: 

• Black Friday 2020 online shopping surges 22% to record $9 billion, Adobe says.
• Black Friday shopping in stores craters 52% during pandemic as e-commerce sales surge.
• Congress stalled on stimulus talks as millions of Americans face ‘benefits cliff’.
• Salesforce buying Slack would mark the first big software deal in a boom year for the cloud.

IG:

• Weekend Markets Trading Live.

Barron's:

• Had bullish commentary on (F), (AAPL), (AZEK) and (RGS).

MarketWatch.com:    

• These seven stocks have doubled in 2020 — and analysts say they have further to run.
  
• Why the stock market’s COVID vaccine-inspired rally could soon face a big test.
  
• Dates to watch as Trump continues legal fight to overturn the presidential election result.

Fox News:

• GOP’s House wins show more voters link local problems to failed Dem policies, lawmaker says.
• President Trump: ‘We have found many illegal votes.
• Fmr. House Republican ousts Dem incumbent, conservatives continue to shatter expectations in Ca.

Newsmax:  

• Giuliani: Team Trump Looking Past Election Lawsuits to State Houses.
• Jenna Ellis to Newsmax TV: Trump Team Heads to Arizona Legislature Next.
• Pa. State Senator Moving to Have Legislature Appoint Electors.
• Judge: Pa. Mail Ballot Procedures Likely Illegal.

One America News Network:

• Fmr Trump campaign official Carter Page files $75M lawsuit against FBI and DOJ.
  

Zero Hedge:

• Pennsylvania Republicans To Introduce Resolution Disputing Election Results.
• Pennsylvania Judge Backs Trump Claims Over Mail-In Ballots, Says 'Unlikely Constitutional'.
• Watch: CNN Admits There Are "Legal & Constitutional" Ways For Trump To Stay In Office.
• "I Want To Build A World Where Someone Like Me Is Impossible" - Meet The Trust Fund Brats Trying To Destroy Capitalism.
• "Washington Is Exhausted": Swamp Gears Up For Post-Trump Power Orgy.
• A Key Time For Gold.
• US COVID-19 Cases Hit New Record; Germany 12th Country To Top 1 Million: Live Updates.
• "This Is No Free Country": Anti-Lockdown Protests Rage In London, Dozens Arrested.
• "F**k Thanksgiving!": Antifa Topples Statues Of George Washington, Veterans To Fight "Colonization".
• U.S. And German Yields Will Bear Brunt Of Lockdowns.
• How The Fed Created The Ultimate Paradox: Stocks At All-Time Highs With No Liquidity And Soaring Realized Vol.
• Illinois To Borrow Another $2 BIllion From The Fed, Only State To Do So.
• COVID Antibody Drugs From Regeneron, Eli Lilly Raise Concerns About Supply Shortages.
• UN Dubs Self 'Trusted' Pandemic News Source, Teams Up With World Economic Forum To Encourage 'New Social Norms'.
• "Life Won't Ever Be Completely Normal Again" - Renowned Infection/Immunity Expert Warns COVID Is Not Going Away.
• Has Europe Broken The Second Wave?
• "A Horrifying Future" - WEF's Vision For A Post-COVID World.
• 10 Hypocritical Dems Who Prattle On About Masks & Lockdowns But Personally Act Like They're All BS.
  

@kylenabecker:

• Dominion. "One of the first things is to exploit open ports... so, memory cards. If anyone is familiar with the Hursti hack... they took a memory card that could manipulate the actual tabulation process of an election... and then SELF-DELETE." They make it sound SO EASY. (video)
• WOW. An affidavit by Dr. Keshavarz-Nia described by the NYT as "the smartest man in the room", a 35-year cyber-security expert for DIA, CIA, NSA, & DOD, concludes that 2020 election data was altered resulting in "hundreds of thousands" of Trump votes to be "transferred" to Biden.
  

The Epoch Times:

• 53 Nations Committed to Excluding Untrusted 5G Vendors From Their Networks.
• Australian Politician Calls out China’s ‘Concerning Pattern of Behaviour’ Following 200 Percent Tariffs on Wine.

ProtectTheVote.com: 

• Serious allegations of misconduct in the 2020 elections have resulted in unprecedented legal action to ensure our elections are -- and remain -- free and fair. Find out where we’re exposing fraud and how you can help.

HereIsTheEvidence.com:

• This is for aggregating publicly available items of voter fraud evidence in the US election that would be admissible in court.
  

Digital Blackboard:

• Daily New Cases by Region.

Worldometer:

• New Cases/Deaths by state.

Rt Covid-19:

• How fast virus is growing by state.

KFF:

• State Data(Tests/Hospitalizations).

Evening Headlines

Bloomberg:       

• India Enters Recession as Virus Pummels No. 3 Asian Economy.  
• China Targets Australian Wine, Says Ties Have Taken ‘Nosedive’.
• OPEC+ Calls Last-Minute Talks Ahead of Decision on Oil Cuts.
• Black Friday Gets Busted by Covid in Sign of Retail’s Future.
• Wall Street Records Break Quietly in Market That Has Seen It All.  
• New York State Cases Spike; L.A. Locks Down Again: Virus Update.
• Thanksgiving Testing Crunch Foreshadows Strain in December.
• Charting the Global Economy: Recession Recovery Is Wildly Uneven.  
• FCC Maintains Ban on Mobile Phone Voice Calls During Flights.
• Bitcoin Extends Decline After Biggest Slump Since Pandemic Hit.

Wall Street Journal:

• ‘Their Goal Is to Make You Feel Helpless’: In Xi’s China, Little Room for Dissent.
• When the Experts Fail, Everyone Else Pays the Price.
• Hunting Aims for a Comeback in Locked-Down Michigan.
• The Class of 2020 Looks for Work.
• Florida’s Approval of $15 Minimum Wage Sets Up Battle in Other States.
• Cars Are Going Digital, But Detroit Has a Long Road Ahead.
• ‘It’s Like the Second World War.’ Covid-19 Is Tearing Into the Parts of Europe That Lack Doctors.

CNBC: 

• Oxford, WHO scientists say more data needed on AstraZeneca’s Covid vaccine trials.
• A Black Friday unlike any other: What four retail analysts are watching.
• Black Friday 2020 looks bleak at stores, malls, as shoppers stick to couch.
• Los Angeles issues stay-home order as coronavirus cases surge out of control.

IG:

• Weekend Markets Trading Live.

MarketWatch.com:   

• House to consider measure next week that could banish Chinese stocks from U.S. that don't comply with audit rules.

Fox News:

• Trump urges supporters not to boycott Georgia runoff elections.
• United Airlines begins charter flights for Pfizer COVID vaccine: WSJ.
• Obama CIA Director Brennan rips killing of Iranian nuke scientist.

Newsmax:  

• Dark Money, Long Assailed by Dems, Aided Biden: Analysis.
• Federalist: 5 Ways Biden Unusually Outperformed Norms.

One America News Network:

• President Trump to hold rally in Ga. for Senators Loeffler and Perdue.
• Sidney Powell files lawsuit claiming Iranian, Chinese operatives potentially targeted Dominion Voting Systems.
  

Zero Hedge:

• Buying Bonanza Culminates With Record Inflows Into Global Stocks.
• Pennsylvania Appeals Court Tosses Trump Lawsuit, Setting Stage For Supreme Court Showdown.
• Trump Now Says Biden Will Have To 'Prove' His 80 Million Votes Weren't Fraudulent Before Giving Up White House.
• Infographic: The 4-Year-Long Campaign Against Trump.
• Carter Page Sues Comey, DOJ And Others For $75 Million Over Crossfire Hurricane Abuse.
• Iran Blames Israel, US For Assassination Of Top Nuclear Scientist.
• Iconic Shopping Tradition Dies As "Blasé Friday" Means No More Stampedes Or Frenzied Crowds.
• Portland Rioters Cause Thousands Of Dollars In Damage On Thanksgiving Night.
• There's No Reopening Plan For Closed NYC Schools, de Blasio Says.
• The Frightening Ease Of Government Overreach.
• Chicago University Economic Thinktank Poll: Forgiving Student Loans Likely A "Net-Regressive" Idea.
• Lockdowns Destroy What Makes Us Human.
• Belgium 'Cancels' New Year's Eve; Thailand Signs $200MN Deal For AstraZeneca COVID Vaccine: Live Updates.
• Stocks Give Thanks For Fed Liquidity As Dollar, Gold, & Bitcoin Dumped.
  

@kylenabecker:

• Arizona. This one is easy. Joe Biden got 1,040,774 votes in Maricopa County. Barack Obama got 542,206 votes in 2008. Let that sink in. Now consider the current Biden margin of victory in AZ is less than 13K votes. Trump won the state by over 90K votes in 2016. Okay, sure.
• Wisconsin. "It's a sham. It's a complete sham." "I can tell you right away there is NO WAY this is a legitimate recount." Another day, another poll worker's testimony of rampant voter fraud in Milwaukee. This is a truly *DISTURBING* account via @LisaMVanWyk:

@SydneyPowell1:

• Hacking Democracy - This is the hack that proved America's elections can be stolen using a few lines of computer code. (video)

The Epoch Times:

• Canadians Favor Hard-Line Stance Against China, Want Canada to Engage in Human Rights Issues: Poll.

ProtectTheVote.com: 

• Serious allegations of misconduct in the 2020 elections have resulted in unprecedented legal action to ensure our elections are -- and remain -- free and fair. Find out where we’re exposing fraud and how you can help.

HereIsTheEvidence.com:

• This is for aggregating publicly available items of voter fraud evidence in the US election that would be admissible in court.
  

Digital Blackboard:

• Daily New Cases by Region.

Worldometer:

• New Cases/Deaths by state.

Rt Covid-19:

• How fast virus is growing by state.

KFF:

• State Data(Tests/Hospitalizations).