Monday, September 25, 2023

Morning Market Internals

NYSE Composite Index:

  • NYSE Volume Running -21.5% Below 100-Day Average 
  • Nasdaq/NYSE Volume Ratio 10.5 -.3
  • 3 Sectors Declining, 8 Sectors Rising
  • 47.6% of Issues Advancing, 49.4% Declining
  • 24 New 52-Week Highs, 211 New Lows
  • 37.6%(-.05%) of Issues Above 200-day Moving Average
  • Average 14-Day RSI 33.0 -6.0
  • Bloomberg Global Risk-On/Risk-Off Index 70.9 +.4%
  • Russell 1000: Growth/Value 17,380.2 +.31%
  • 1-Day Vix 12.2 -30.4%
  • Vix 17.6 +2.3%
  • Total Put/Call .99 -13.9%
  • TRIN/Arms .86 -25.9%

Sunday, September 24, 2023

Monday Watch

Today's Headlines

Bloomberg:
Zero Hedge:
Wall Street Journal:
CNBC:
TheGatewayPundit.com:
The Epoch Times:
Twitter:
OpenVAERS:
SKirsch.com:
Night Trading
  • Asian indices are -.5% to unch. on average.
  • Asia Ex-Japan Investment Grade CDS Index 125.25 -3.75 basis points.
  • China Sovereign CDS 80.0 -1.0 basis point.
  • China Iron Ore Spot 120.7 USD/Metric Tonne -.4%.
  • Bloomberg Emerging Markets Currency Index 42.1 +.03%.
  • Bloomberg Global Risk-On/Risk Off Index 71.6 +1.4%.
  • Bloomberg US Financial Conditions Index .27 +1.0 basis point. 
  • Volatility Index(VIX) futures 17.5 -.24%. 
  • Euro Stoxx 50 futures -.42%.
  • S&P 500 futures +.10%.
  • NASDAQ 100 futures +.14%.

BOTTOM LINE: Asian indices are modestly lower, weighed down by consumer and technology shares in the region. I expect US stocks to open mixed and weaken into the afternoon, finishing modestly lower.  The Portfolio is 25% net long heading into the week.

Saturday, September 23, 2023

Today's Headlines

Bloomberg:

Zero Hedge:
Wall Street Journal:
Barron's:
  • Had bullish commentary on (TFC), (LLY), (NVO).
  • Had bearish commentary on (DXCM), (PODD) and (TNDM).

CNBC:

Reuters:

Fox News:

TheGatewayPundit.com:

Twitter:
OpenVAERS:
SKirsch.com:

Friday, September 22, 2023

Evening Headlines

Bloomberg:

Zero Hedge:
Wall Street Journal:

CNBC:

MarketWatch.com:

Fox News:

TheGatewayPundit.com:

Twitter:
OpenVAERS:
SKirsch.com: