First Call May 11, 2021

by | May 11, 2021 | Daily Note

  • S&P futures down 1.2% and Nasdaq futures down 2% in Tuesday morning trading. Comes after US equities finished mostly lower on Monday with the Nasdaq off more than 2.5%, its biggest decline since March.
  • WE ARE DOING A WEBINAR TODAY AT 11AM ET WITH JULIAN BRIGDEN DETAILS ON NOTE
  • AND THERE WILL NOT BE A DAILY NOTE PUBLISHED TODAY
  • Asian equities mostly lower overnight as tech-led selloff drove outsized weakness in Japan, Taiwan, and Korea, while China outperformed.
  • European markets under pressure with most bourses down over 1.5%. A lot of extra European charts on this note.
  • Treasuries are a bit weaker despite global equity pullback.
  • Dollar weaker on the major crosses. One day away from a DeMark Sequential buy Countdown
  • Gold up 0.2%. New DeMark Combo sell Countdown 13 today
  • WTI crude down 1.1%.
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