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First Call

First Call November 6, 2020

Nov 6, 2020

Thomas Thornton

  • S&P futures down 0.9%, though S&P still on track to post its best week since early April. Nasdaq 100 futures down somewhat more sharply today.
  • Several new Erlanger buy signals today with three new long ideas on Trade Ideas Sheet
  • European equity markets lower after four sessions of gains.
  • Follows mixed Asian trade, with Nikkei and ASX outperforming and China lagging.
  • Treasuries are narrowly mixed.
  • Dollar softer versus euro and yen, somewhat higher vs sterling.
  • Gold up 0.2%.
  • Oil pulling back again, with WTI down 3.0%
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