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First Call

First Call December 1, 2020

Dec 1, 2020

Thomas Thornton

  • S&P futures up ~1% after US equities ended down on Monday, but still sharply higher for the month of November.
  • Covering GLD, SLV, and GDX shorts and adding as new long positions
  • Asian equities higher overnight with China, South Korea, and Japan among the standouts, all up over 1%.
  • European equities also seeing good gains to start the month. Treasuries weaker across the curve.
  • Dollar lagging euro but a bit better vs yen.
  • Gold up 1.5%.
  • WTI crude down 0.2%.
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