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First Call

First Call June 28, 2021

Jun 28, 2021

Thomas Thornton

  • S&P futures oscillating around the unchanged mark with Nasdaq futures up 0.30% in Monday's very quiet premarket trading, coming after major US indices posted strong gains last week as value outperformed growth.
  • European markets down, off best levels. Follows a mixed Asia session.
  • Treasuries firmer with the curve flattening, though the 10Y yield remains above the 1.50% mark. Chart on note
  • The Dollar is firmer against the euro and little changed on the yen cross. Chart on note
  • Gold down 0.1%.
  • Oil not doing much, with WTI down 0.1% even with military action in Iraq/Syria
  • Bitcoin rebound from weekend lows. Potential upside reversal with new DeMark Combo buy Countdown 13. Chart on note
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