First Call November 13, 2020

by | Nov 13, 2020 | First Call

  • S&P futures up 0.7%, off best levels, in Friday morning trading. Follows coming under some pressure in the prior session. US equities on track for another week of good gains after rallying the most last week since the initial phase of the rebound from the depths of the coronavirus crisis in April.
  • GLD turns to sell on Trade Ideas Sheet
  • SPY and QQQ VWAP charts with support and resistance levels
  • Asian markets mostly lower overnight with China a laggard.
  • European markets mostly higher.
  • Treasuries are unchanged to a touch weaker.
  • Dollar somewhat weaker on the major crosses.
  • Gold up 0.4%.
  • WTI crude down 1.5% but still up big for the week.
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