First Call June 1, 2021

Jun 1, 2021 | First Call

  • S&P futures up 0.5%, near best levels, in Tuesday premarket trading. Comes after equity indices logged modest gains in a quiet, pre-holiday week.
  • Covering DBC short with new Erlanger ETS buy signal
  • European markets broadly higher following mixed Asian trade.
  • Treasuries are weaker with the curve steepening.
  • Dollar not doing much on the yen and euro crosses.
  • Bitcoin new DeMark Buy Countdown 13 over the weekend.
  • Gold up 0.2%.
  • WTI crude up 2.78% amid some positive demand commentary.
  • Watch the ISM at 10am ET today especially with Prices Paid, New Orders, and Employment