First Call December 23, 2020

by | Dec 23, 2020 | First Call

  • There will not be anything published Thursday - Friday. I want to wish everyone and your families happy holidays, Merry Christmas, Happy Hanukkah!
  • S&P futures up 0.2% and Nasdaq futures are up 0.08% after the major US equity indexes finished mixed on Tuesday. The Nasdaq and Russell 2000 finished at record highs as tech and a basket of most-shorted stocks fared the best.
  • There are several new Erlanger ETS sell signals that I am adding to the Trade Ideas Sheet this morning
  • Asian markets mostly higher overnight with South Korea, China, and Hong Kong among the better performers.
  • European markets posting solid gains.
  • Treasuries are unchanged to slightly weaker.
  • Dollar lagging on the major crosses.
  • Sterling firmer after coming under pressure on Monday and Tuesday.
  • Gold down 0.1%.
  • WTI crude up 0.2%.
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