by Thomas Thornton | Jan 26, 2020 | The Week Ahead
Get ready for the most important week for the markets for some time The earnings calendar is the heaviest with the mega tech names starting on Tuesday with Apple and there's a very important Fed meeting on Wednesday Expect Coronavirus news coverage to dominate the...
by Thomas Thornton | Jan 24, 2020 | Daily Note
Sellers get motivated when they start to see risk of losing money and that only happens with lower prices Maybe that's starting now with the risk of the Coronavirus spreading disrupting consumer and supply chains I have a feeling people will be heading for the exits...
by Thomas Thornton | Jan 24, 2020 | First Call
S&P futures up 0.2% Asian equities mostly higher overnight though activity was sparse with China, South Korea, and Taiwan were closed for Lunar New Year. European markets seeing big gains. Treasuries little changed. Dollar firmer on the major crosses. Gold down...
by Thomas Thornton | Jan 23, 2020 | Daily Note
Starting to see a few cracks showing The mega cap tech names continue to lead But there are some important names down on the year and some after earnings reports Breadth might be topping and I have a good chart that has been good in the past DeMark Observations are...
by Thomas Thornton | Jan 23, 2020 | First Call
S&P futures down 0.2% off the best levels. Asian markets came under renewed pressure overnight with China down over 2.5% and Hong Kong down over 1.5%. European markets mostly weaker. Treasuries mostly firmer with some curve flattening. Dollar weaker vs yen but a...
