Daily Note

First Call January 14, 2021

Jan 14, 2021

Thomas Thornton

  • S&P futures up 0.1% and Nasdaq is flat in Thursday morning trading after US equities put in a mixed performance on Wednesday with the pro-cyclical rotation taking a bit of a breather.
  • Selling SLV and GLD longs on Trade Ideas Sheet today
  • Asian markets mostly higher overnight with Japan a standout, up over 1.5%, while China ended down.
  • European markets seeing modest gains.
  • Treasuries mostly weaker with a bit of curve steepening amid the latest fiscal stimulus headlines.
  • The Dollar a bit better vs yen and euro.
  • Gold down 0.6%.
  • WTI crude down 0.4%.
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