First Call January 28, 2021

First Call January 28, 2021

S&P futures down 0.3% and Nasdaq futures down 0.9%. Follows biggest down day for US equities on Wednesday since October with Dow, S&P, and Nasdaq all down over 2%. Continued insanity with the heavily shorted stocks Asian equities under pressure overnight with...
First Call January 28, 2021

W W J D What Will Jerome Do

The Fed meeting today is expected to have no surprises from notes I’ve been reading. “Powell will remain dovish and stay on current plan” “Powell knows the risks of what happened with the taper tantrum.” The press conference might be interesting because there could be...
First Call January 28, 2021

First Call January 27, 2021

S&P futures down 1.1%, near worst levels, after US equities, finished mostly lower Tuesday. More Wall Street Bets craziness with GME, AMC, BB, BBBY, KODK I posted my appearance on Real Vision from last night on the note Asian markets mixed overnight as Japan led...
First Call January 28, 2021

Game Over

It's game over for both shorts and longs in Game Stop There are now DeMark Sequential sell Countdown 13's on the daily charts of SPY and OEX I'm on Real Vision later today and need a haircut I hope to have another note before the close To access this post, you must...
First Call January 28, 2021

First Call January 26, 2021

S&P futures up 0.1% and off worst levels in Tuesday premarket trading. More market nonsense continuing with speculative stocks rallying again Asian equities came under big pressure overnight with Hong Kong down more than 2.5% and China offer just over 1.5% after...