Monday, November 28, 2022

Bear Radar

Style Underperformer:

  • Small-Cap Value -1.6%
Sector Underperformers:
  • 1) Alt Energy -4.1% 2) Gold & Silver -3.1% 3) Disk Drives -2.5%
Stocks Falling on Unusual Volume: 
  • TFSL, TSN, MRTX, PXD, BIIB, ZM, ARVN, CNNE, CLF, RELL, WSM, ATSG, CWH, AZEK, CLFD, LC, MSTR, ARRY, SNCY, SGRY, HAIN, SI and CINC
Stocks With Unusual Put Option Activity:
  • 1) NYCB 2) CWH 3) BIIB 4) THO 5) ULTA
Stocks With Most Negative News Mentions:
  • 1) AVXL 2) CORZ 3) DKNG 4) BIIB 5) PENN
Charts:

Bull Radar

Style Outperformer:

  • Mid-Cap Growth -1.1%
Sector Outperformers:
  • 1) Pharma +.1% 2) Biotech unch. 3) Education unch.
Stocks Rising on Unusual Volume:
  • AXSM, RCUS, UNVR, WYNN and SRPT
Stocks With Unusual Call Option Activity:
  • 1) TIP 2) AXSM 3) BIIB 4) CNC 5) GERN
Stocks With Most Positive News Mentions:
  • 1) TBLA 2) PDD 3) AXSM 4) MICS 5) LAB

Morning Market Internals

NYSE Composite Index:

  • Volume Running -25.3% Below 100-Day Average 
  • 11 Sectors Declining, 0 Sectors Rising
  • 26.9% of Issues Advancing, 69.7% Declining
  • 27 New 52-Week Highs, 31 New Lows
  • 44.8%(-2.2%) of Issues Above 200-day Moving Average
  • Average 14-Day RSI 63.0 -1.0
  • Bloomberg Global Risk-On/Risk-Off Index 47.0 -3.0%
  • Russell 1000: Growth/Value 14,502.0 +.05%
  • Vix 21.9 +6.7%
  • Total Put/Call .99 +6.5%
  • TRIN/Arms 1.13 -7.4% 

Sunday, November 27, 2022

Monday Watch

Today's Headlines

Bloomberg:     
 
Wall Street Journal:
Fox News:
CNBC:
Zero Hedge:   
TheGatewayPundit.com:
Twitter:
OpenVAERS:
SKirsch.com:
Covid-19(Data, Maps, Graphs):
Night Trading
  • Asian indices are -1.75% to -.75% on average.
  • Asia Ex-Japan Investment Grade CDS Index 148.0 +7.25 basis points.
  • China Sovereign CDS 86.25 +11.0 basis points.
  • China Iron Ore Spot 96.8 USD/Metric Tonne -2.4%
  • Bloomberg Emerging Markets Currency Index 47.4 -.12%.
  • Bloomberg Global Risk-On/Risk Off Index 46.7 -1.6%.
  • Bloomberg US Financial Conditions Index -.62 -6.0 basis points. 
  • Volatility Index(VIX) futures 23.0 +2.1%. 
  • Euro Stoxx 50 futures -.68%.
  • S&P 500 futures -.73%.
  • NASDAQ 100 futures -.91%.

Earnings of Note
Company/Estimate

Before the Open:
  • None of note
After the Close:
  • None of note
Economic Releases 
10:30 am EST
  • The Dallas Fed Manufacturing Activity report for Nov. is estimated to fall to -23.0 versus -19.4 in Oct.
Upcoming Splits
  • (TECH) 4-for-1
Other Potential Market Movers
  • The Australia Retail Sales report and the Credit Suisse Tech TMT Conference could also impact trading today.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST
BOTTOM LINE: Asian indices are lower, weighed down by technology and consumer shares in the region. I expect US stocks to open modestly lower and to maintain losses into the afternoon.  The Portfolio is 25% net long heading into the week.

Saturday, November 26, 2022

Today's Headlines

Bloomberg:          

Wall Street Journal:  
Barron's:
  • Had bullish commentary on (IR), (FLEX), (PWR) and (FSLR).
  • Had bearish commentary on (ARCC), (ORCC), (FSK) and (BXSL).

Fox News:  

CNBC:
Zero Hedge:

MarketWatch.com:          

NewsMax: 
TheGatewayPundit.com:
The Epoch Times:
Twitter:
OpenVAERS:
SKirsch.com:
Covid-19(Data, Maps, Graphs):

Friday, November 25, 2022

Evening Headlines

Bloomberg:            

Wall Street Journal:  

Fox News:  

CNBC:
Zero Hedge:

MarketWatch.com:          

TheGatewayPundit.com:
The Epoch Times:
OpenVAERS:
SKirsch.com:
Covid-19(Data, Maps, Graphs):