No products in the cart
First Call February 18, 2021
- S&P futures down 0.4% after US equities put in a mixed performance on Wednesday with growth and momentum factors extending their recent underperformance.
- Walmart earnings miss revs better but big CAPEX increase -4.75% premarket
- Asian equities mostly lower overnight with South Korea and Hong Kong the big decliners while China gained on its return from the Lunar New Year holiday.
- European markets are narrowly mixed.
- Treasuries unchanged to slightly firmer after finding some reprieve from Tuesday's yield spike in the prior session despite stronger economic data.
- Dollar weaker on the major crosses.
- Gold up 0.4%.
- WTI crude up 0.6% and up over 3% for the week on supply concerns stemming from extreme weather in Texas.
- A few extra charts Heating Oil (sell it here), Crude (getting closer to wave 5 price objective) Bloomberg World, Nifty 50 India
- Wave personalities primer