First Call March 13, 2020

by | Mar 13, 2020 | First Call

  • S&P futures up 5.0%, hitting limit-up band after US equities sold off sharply on Thursday with the Dow and S&P suffering their biggest one-day declines since October 1987.
  • Asian equities mostly lower overnight though most benchmarks bounced sharply off their intraday lows.
  • European markets seeing big gains.
  • Treasuries down with another meaningful curve steepening move.
  • Dollar up big vs the yen but little changed on the euro cross.
  • Gold off 0.5%.
  • WTI crude up just over 5.3%.
  • S&P and Nasdaq bullish sentiment hit 5% yesterday
  • I will work on two notes again for today.
To access this post, current subscribers need to first log on or click here if you would like to learn more about becoming a subscriber to Hedge Fund Telemetry. If you need any assistance logging on or have questions about our membership plans, please email here. Thank you!