First Call

First Call November 2, 2020

Nov 2, 2020

Thomas Thornton

  • S&P futures up 1.3% after US equities sold off sharply last week, suffering their biggest decline since the depths of the coronavirus crisis in March.
  • Europe and Asia bouncing
  • Several new Erlanger sell signals, no new buy signals
  • Treasuries little changed after yields backed up last week despite the equity selloff.
  • The US Dollar a bit firmer on the major crosses.
  • Gold up 0.5%.
  • WTI crude down 2.2% after falling more than 10% last week.
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