First Call August 30, 2019

First Call August 30, 2019

THERE WILL NOT BE A DAILY NOTE PUBLISHED TODAY - I have meetings all day in NYC today.  I will respond back to all emails this weekend. S&P futures up 0.5%, but off best levels. US equities on track for big gains this week following four straight weekly pullbacks....
May I quote you?

May I quote you?

Markets are being "talked up" these days.  Here's a look at a few quotes that stood out to me  S&P and Dow has possible wave 2 of 5 locking in today Cyclicals bouncing  Tried to keep it short today A look at US vs the World Indexes.     To access this post,...
First Call August 29, 2019

First Call August 29, 2019

TODAY AND TOMORROW I WILL BE SENDING A SHORTER DAILY NOTE  S&P futures up 0.9%, just off best levels. Asian markets mixed on Thursday with Mainland China, Japan and South Korea moderately lower, while Hong Kong and Australia gained. European markets seeing good...
Just Bullet Points Today

Just Bullet Points Today

It's Summer and not much is happening in the markets as we are still in a range bound market.  I go over a few bullets today. Boris Johnson now has the Queen on his side The market wants to believe a lot of narratives Bill Dudley has now politically weaponized the...
First Call August 28, 2019

First Call August 28, 2019

S&P futures down 0.3%, off best levels. S&P Futures are now below the VWAP from the Sunday open - details on note. Asian markets narrowly mixed overnight. European markets on the defensive. Treasuries firmer with more curve flattening. Dollar little changed vs...