Monday, April 17, 2023

Mid-Day Market Internals

NYSE Composite Index:

  • Volume Running -9.8% Below 100-Day Average 
  • Nasdaq/NYSE Volume Ratio 9.8 -.1
  • 5 Sectors Declining, 6 Sectors Rising
  • 54.9% of Issues Advancing, 41.4% Declining
  • 46 New 52-Week Highs, 27 New Lows
  • 46.6%(+2.5%) of Issues Above 200-day Moving Average
  • Average 14-Day RSI 61.0 unch.
  • Bloomberg Global Risk-On/Risk-Off Index 58.3 +1.7%
  • Russell 1000: Growth/Value 15,793.2 -.20%
  • Vix 17.3 +1.3%
  • Total Put/Call 1.03 +14.4%
  • TRIN/Arms 1.04 +20.9%

Sunday, April 16, 2023

Monday Watch

Today's Headlines

Bloomberg:
Wall Street Journal:
Fox News:
CNBC:
Zero Hedge: 
MarketWatch.com:
NewsMax:
TheGatewayPundit.com: 
The Epoch Times:
Twitter:
OpenVAERS:
SKirsch.com:
Night Trading
  • Asian indices are -.25% to +.25% on average.
  • Asia Ex-Japan Investment Grade CDS Index 124.25 +.25 basis point
  • China Sovereign CDS 67.25 -.5 basis point.
  • China Iron Ore Spot 114.5 USD/Metric Tonne -1.7%
  • Bloomberg Emerging Markets Currency Index 47.88 -.04%.
  • Bloomberg Global Risk-On/Risk Off Index 57.9 +1.0%.
  • Bloomberg US Financial Conditions Index -.15 -2.0 basis points. 
  • Volatility Index(VIX) futures 20.0 -.45%. 
  • Euro Stoxx 50 futures +.25%.
  • S&P 500 futures +.22%.
  • NASDAQ 100 futures +.10%.

BOTTOM LINE: Asian indices are mostly higher, boosted by consumer and industrial 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.

Saturday, April 15, 2023

Today's Headlines

Bloomberg:

Barron's:
  • Had bullish commentary on (EQH), (CRBG), (GL), (PRI), (RGA), (UNM), (VOYA), (FERG) and (BLDR).

Fox News:

Zero Hedge:  
MarketWatch.com: 
NewsMax:
TheGatewayPundit.com:
Twitter:
OpenVAERS:
SKirsch.com:

Friday, April 14, 2023

Evening Headlines

Bloomberg:
Wall Street Journal:

Fox News:

CNBC:
Zero Hedge:  
MarketWatch.com: 
NewsMax:
TheGatewayPundit.com:
Twitter:
OpenVAERS:
SKirsch.com: