by Thomas Thornton | Apr 30, 2021 | Daily Note
It has been one of the better earnings seasons I can recall in years yet the market shows no love Furthermore strong earnings, strong economic data, and $4 trillion from the government is coming and the market ran out of buyers A lot of DeMark exhaustion signals...
by Thomas Thornton | Apr 30, 2021 | First Call
S&P futures down 0.5% in Friday morning trading after three of the four major indexes gained on Thursday. Amazon great earnings but investors are not getting paid for big beats. Adding to AMZN short Treasuries are little changed. 10-year yields on track for the...
by Thomas Thornton | Apr 29, 2021 | Daily Note
Why do good stocks go down after releasing blowout earnings? The number of DeMark Sell Countdown 13's triggering and near is getting to extreme levels associated with a turning point A new Trade Idea and a few thoughts on some on the sheet now I have President Biden's...
by Thomas Thornton | Apr 29, 2021 | Daily Note
Just a short update and will have a full Daily Note out in a little while The tech sector earnings are getting sold I'm holding my Apple short as I wanted to see how it traded in the first hour and its fading There are some sectors working on the upside Energy and...
by Thomas Thornton | Apr 29, 2021 | First Call
S&P futures up 0.7% in Thursday morning trading after US equities finished mostly lower in a rangebound Wednesday session that saw the S&P end little changed for a third straight day. Tech underperformed while energy rallied sharply. Asian markets mostly...
