First Call

First Call April 13, 2021

Apr 13, 2021

Thomas Thornton

  • S&P futures down 0.3%, near worst levels, after US equities finished mostly lower in fairly uneventful trading on Monday.
  • Equity bullish sentiment remains extreme near peak levels >90%
  • New short interest data
  • Treasuries are mostly weaker with 10-year yields pushing back toward 1.70% after yields behaved fairly well last week despite stronger payrolls and PPI data.
  • Dollar firmer vs yen and weaker vs euro but not doing much overall.
  • Gold down 0.3%.
  • WTI crude up 0.6%.
  • CPI at 8:30am ET
  • I will be publishing one note on Friday and taking next Monday off