by Thomas Thornton | Jun 28, 2021 | First Call
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...
by Thomas Thornton | Jun 27, 2021 | The Week Ahead
The week ahead will see a big decrease with earnings announcements and brokerage conferences ahead of the July 4th holiday weekend. There are some important US economic reports later in the week with the ISM manufacturing on Thursday and the June Employment report....
by Thomas Thornton | Jun 25, 2021 | Daily Note
Just charts today I am exhausted after a long week and feel like I have a red 13 hovering over my head Equity sentiment is extreme Nasdaq related indexes and ETF's continue to have DeMark exhaustion signals I am adding to QQQ short and adding back short a chip stock...
by Thomas Thornton | Jun 25, 2021 | First Call
S&P and Nasdaq futures up 0.1% in Friday morning trading. Asian equities higher overnight with Hong Kong up nearly 1.5%, China up over 1%, and South Korea at a record high. European equities mostly lower. Treasuries mixed with more curve flattening. 10-year yields...
by Thomas Thornton | Jun 24, 2021 | Daily Note
Peter Thiel is in the news again today It was revealed he has a mind-boggling $5 billion Roth IRA and that was the amount back on 2019 He's going to be able to withdraw from in in 6 years fully tax free Expect the wealth tax narrative to continue and perhaps the...