- I figured out how to get the gasoline back up generator working and hope to have full power today as the Northeast still has a lot of power outages.
- S&P futures up 0.4%, off best levels
- Asian equities mostly higher overnight with South Korea, Taiwan, and China among the best performers while Japan and Australia declined.
- European markets seeing strong gains.
- Treasuries weaker with some curve steepening.
- Dollar weaker on the major crosses.
- Gold up 1.7%.
- WTI crude up 3.4%.
- Crude did get the upside exhaustion Countdown 13 today and Gold futures which has been running behind GLD in the countdown is on day 11 of 13 with Sequential.
- Gold and Silver bullish sentiment is very extreme at 93%.
First Call August 5, 2020
