First Call May 26, 2021

First Call May 26, 2021

S&P futures up 0.3% in Wednesday morning trading after US equities finished mostly lower on Tuesday, fading through the session following some initial gains. I hope everyone likes the extra charts section: Euro, GS reopening, GME short interest, USDCNH, Bitcoin on...
First Call May 26, 2021

Status Quo

It's a status quo market  People are very complacent with equities, bonds, while consensus directional trading with currencies My commodity short trades are working well still Look at what happened to the crypto market recently and it's proof of complacency  A few...
First Call May 26, 2021

First Call May 25, 2021

S&P futures up 0.3% after US equities finished higher on Monday with upside leadership from growth as tech and communications services both gained over 1.5%. Asian equities higher overnight with China and Hong Kong the big gainers, up 2.4% and 1.75%, respectively....
First Call May 26, 2021

Weekends

I love my weekends and I would have hated to have been involved with crypto over the past weekend What a great weekend of sports! Covering a bitcoin-related short for a 20% gain I think China is very serious about cracking down on crypto assets and mining The market...
First Call May 26, 2021

First Call May 24, 2021

S&P futures up 0.5% and Nasdaq futures are up 0.75% in Monday morning trading after US equities finished mostly lower last week with value underperforming growth. Energy, industrials, materials, and consumer discretionary all down over 1%. Asian markets mostly...