by Thomas Thornton | May 31, 2020 | The Week Ahead
Another important week with some notable companies reporting and important economic data later in the week The jobs report on Friday will be the worst report ever recorded and I believe the consensus is too low A lot of broker virtual conferences this week If you are...
by Thomas Thornton | May 29, 2020 | Daily Note
Have a great weekend Taking profits on 4/5 stocks on the Trade Ideas Sheet Very difficult market to hold positions on both the long and short side Trump speaks at 2pm ET and the market is nervous A lot of DeMark signals are triggering but we need to see one thing to...
by Thomas Thornton | May 29, 2020 | First Call
S&P futures down 0.3% in Friday morning trading but off worst levels for the session. Tom DeMark is unlikely to be on Bloomberg TV today. Asian markets mostly lower overnight with Australia and Hong Kong among the laggards while China gained. European markets...
by Thomas Thornton | May 28, 2020 | Daily Note
A few charts looking at the overnight market performance and the regular hours' performance The S&P and Nasdaq continue to get and are new on some important DeMark exhaustion signals The rotation into value from growth is taking a day off with people buying...
by Thomas Thornton | May 28, 2020 | First Call
S&P futures down 0.1% after US equities extended their rally on Wednesday with the S&P closing above 3,000 for the first time since March and above its 200-day moving average for the first time since late February. S&P futures with a new DeMark Sequential...