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First Call

First Call October 18, 2019

Oct 18, 2019

Thomas Thornton

  • S&P futures slightly higher, while US equities still on track for weekly gains after snapping a three-week losing streak last week.
  • Asian equities mostly weaker overnight. China a notable underperformer, down over 1%. Japan finished positive.
  • European equities not doing much.
  • Treasuries are slightly weaker. Dollar little changed on the major crosses. Gold down 0.3%. WTI crude up 1.1%.
  • S&P futures daily chart is only on day 11 of 13 with DeMark Sequential Countdown while S&P cash index likely will lock in the 13 today
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