by Thomas Thornton | Apr 21, 2020 | Daily Note
Will this be a stall or fall after the recent DeMark sell Setup 9's? We will probably know more tomorrow if today's lows are broken or held The 60 minute SPY, QQQ, and IWM charts with a single line 13/34 MACD are nearing sell signals I am taking off my NFLX puts with...
by Thomas Thornton | Apr 21, 2020 | First Call
S&P futures down 1.9% after US equities came under pressure to start the week on Monday. Asian equities weaker overnight with Taiwan, Australia, and Hong Kong the big decliners while Japan and South Korea also saw sharp pullbacks. European markets down over 1%....
by Thomas Thornton | Apr 20, 2020 | Daily Note
WTI Crude May contract is now negative. What a crazy 18 months in Crude I have a feeling some dedicated energy traders might be having their last day trading Oil A really big report today with maybe the most charts I've ever posted covering a lot To access this...
by Thomas Thornton | Apr 20, 2020 | First Call
S&P futures down 2% after posting back-to-back weekly gains for the first time since February. Asian markets mostly lower overnight with Australia the big decliner, followed by Japan, while China managed to buck the trend. European markets are weaker. Treasuries...
by Thomas Thornton | Apr 19, 2020 | The Week Ahead
The coming week will have 96 S&P companies reporting More terrible economic data is expected Covid 19 data continues to trend in the right direction The battle over opening up the economy will rage even more this week To access this post, you must purchase...