by Thomas Thornton | Jan 31, 2020 | Daily Note
Volatility is back and so is headline risk Feel like the equity markets are on the brink and are holding support while bonds continue to look strong Took profits on AMGN +5.87% and IBB +1.38% shorts Changing my bias on the USD I hope everyone has a nice weekend......
by Thomas Thornton | Jan 31, 2020 | First Call
S&P futures down 0.5% and US equities on track for another down week. Coronavirus, earnings, global economic data, and impeachment have received most of the attention today. Asian markets mixed overnight. Japan a standout, up nearly 1%, while Hong Kong and South...
by Thomas Thornton | Jan 30, 2020 | Daily Note
Coronavirus fears continue to weigh on the global markets Tesla is one bat shit crazy stock and I have to apologize for my terrible trade Oversold conditions are not yet here and I have a few charts of what we want to see Global markets are starting to break down...
by Thomas Thornton | Jan 30, 2020 | First Call
S&P futures down 0.7% after US equities finished mixed on Wednesday. Coronavirus and earnings continue to grab most of the headlines. Asian markets weaker overnight with Japan, Hong Kong, and South Korea all down more than 1% and Taiwan down nearly 6% on its...
by Thomas Thornton | Jan 29, 2020 | Daily Note
The "least anticipated" Fed meeting in a while might have some interesting comments at the press conference The attribution within the NDX and S&P is getting narrow with the usual suspects (mostly Apple) doing the heavy lifting Tesla reports later today and if you...