First Call

First Call April 7, 2021

Apr 7, 2021

Thomas Thornton

  • S&P futures little changed in Wednesday morning trading after US equities finished mostly lower in a fairly uneventful session on Tuesday in which semis and banks lagged while consumer sectors and utilities fared better.
  • Fed minutes today is the most relevant catalyst this week.
  • Asian markets mixed overnight with Hong Kong and China among the laggards while Japan posted a modest gain and South Korea, Taiwan, and Australia also finished higher.
  • European markets mostly lower. FTSE 100 with new DeMark Sequential sell Countdown 13
  • Treasuries slightly firmer at the short end after yields fell to the lowest level in nearly two weeks.
  • The dollar a bit weaker vs the euro and little changed on the yen cross.
  • Gold off 0.5%. GDX turned positive with Erlanger ETS signals. I added NEM as new long yesterday
  • WTI crude up 1.1%.
  • I posted the DeMark Sequential primer on the bottom of this note for your reference
To access this post, you must purchase Small Institutions, Retail or Private Investors.
If you already have an account please