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First Call

First Call Extra December 2, 2019

Dec 2, 2019

Thomas Thornton

  • S&P futures flat, off best levels, after US equities finished higher in holiday-shortened trading last week.
  • Asian markets higher overnight with Japan a standout, up just over 1%. European markets fading hard.
  • Treasuries under pressure with some curve steepening. Dollar a bit firmer vs yen and euro. Gold down 0.6%. WTI crude up 2.0%.
  • There will not be a Daily Note today as I am traveling so I added a few extra charts
  • I posted Tom DeMark's appearance on Bloomberg today which syncs mostly with my view
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