by Thomas Thornton | Jul 27, 2020 | Daily Note
We all desperately want COVID to go away but it's not and there are some examples that could cause more restrictions Pro sports is a big test for reopening and return to some normalcy and there are ominous signs The US Dollar and metals are extended and could reverse...
by Thomas Thornton | Jul 27, 2020 | Daily Note
There's a lot of interesting moves happening with the currency markets The USD bullish sentiment is low at 15% and there are some new DeMark exhaustion signals A reversal in the USD is likely to start within the next 10 days We are going to be rolling out more focused...
by Thomas Thornton | Jul 27, 2020 | First Call
S&P futures up 0.5% after the major US indexes all finished lower last week with growth and momentum factors extending their recent underperformance. Asian equities mixed overnight with Taiwan rallying to a record high on TSM strength, Korea, Australia, and...
by Thomas Thornton | Jul 26, 2020 | The Week Ahead
The week ahead is a big mega week with the bulk of Q2 earnings and some important economic reports Add in a Fed meeting on Wednesday Thursday afternoon is the Super Bowl of earnings with Apple, Amazon, and Alphabet reporting Q2 results This note has some extra charts...
by Thomas Thornton | Jul 24, 2020 | First Call
S&P futures down 0.3% in Friday morning trading, off worst levels. FANG group down for the sixth time in the last nine days on Thursday. Asian markets weaker overnight with China a notable decliner, down nearly 4%. Japan remained closed for a holiday. European...
