First Call

First Call December 29, 2020

Dec 29, 2020

Thomas Thornton

  • US equity futures up 0.5% in Tuesday premarket trading, extending Monday's gains when the Dow, S&P, and Nasdaq all closed at fresh record highs.
  • S&P futures with a new DeMark Combo sell Countdown 13
  • Adding RSP (S&P equal weight ETF) as a new short idea with both Erlanger ETS sell signal and DeMark Sequential sell Countdown 13.
  • Treasuries are unchanged to a bit weaker at the long end.
  • Dollar weaker on the major crosses.
  • Gold up 0.1%.
  • WTI crude up 1.2%, reversing yesterday's decline.
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