First Call

First Call February 11, 2021

Feb 11, 2021

Thomas Thornton

  • S&P futures up 0.3%, with the market looking to resume its upward trend after two days of moderate declines for the S&P 500.
  • Adding FXI as a new short idea today
  • European markets mostly firmer.
  • Asian trade, with Japan, South Korea, and mainland China closed for public holidays.
  • Treasuries narrowly mixed after some recent mild flattening.
  • The Dollar somewhat weaker on the euro cross but slightly higher vs yen.
  • Gold up 0.1%.
  • WTI crude down 0.7% after an eight-session run higher.
  • Sell side analysts are starting to lose their minds
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