First Call May 28, 2020

by | May 28, 2020 | First Call | 0 comments

  • S&P futures down 0.1% after US equities extended their rally on Wednesday with the S&P closing above 3,000 for the first time since March and above its 200-day moving average for the first time since late February.
  • S&P futures with a new DeMark Sequential sell Countdown 13 following the S&P cash
  • S&P cash index could have a new Combo sell Countdown tomorrow
  • Tom DeMark could talk about this tomorrow on Bloomberg (tentative scheduled)
  • Asian markets mixed overnight with Japan a standout, up over 2%, while Hong Kong, Taiwan, and South Korea all finished down.
  • European equities mostly higher.
  • Treasuries are unchanged to a bit weaker at the back of the curve.
  • Dollar little changed vs yen and euro.
  • Gold up 0.5%.
  • WTI crude down 1.1%.
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