M

Accounts Notice

Thank you for your patience as we complete the full migration to our new website. If you are seeing a message that your subscription was cancelled or you need to resubscribe, or if you are having issues logging in- do not worry as your subscription status is safe and you will be able to log in normally shortly. We will update this notification when accounts have been restored to reflect our updated membership packages.

First Call September 3, 2020

by | Sep 3, 2020 | Daily Note | 0 comments

  • THIS IS THE ONLY NOTE I'M POSTING TODAY AS I AM ON THE REAL VISION CONFERENCE LIVE TWICE TODAY. 11:45am ET for a "Letter to my first year trading self" with Tony Greer and Jared Dillian. Then I'm on later at 4:15pm ET with Denise Shull "the trade doctor" with a segment called "WTF did I just do!?"
  • S&P futures down 0.4% after US equities rallied again on Wednesday with the S&P and Nasdaq hitting new record highs, underpinned by the usual suspects such as the central bank liquidity tailwind, positive macro and earnings recovery sentiment, vaccine optimism, and FOMO. Latter two seem to be getting outsized attention as of late. No big directional drivers in play ahead of key initial claims and ISM nonmanufacturing data this morning.
  • Asian equities mixed overnight.
  • European markets rallying again.
  • Treasuries mostly weaker with a touch of curve steepening.
  • Dollar firmer on the major crosses. - SEE CHARTS IN THIS NOTE THAT ARE IMPORTANT
  • Gold down 0.4%.
  • WTI crude off 2.4%.
To access this post, you must purchase Private Investors, Small Institutions, Large Institutions or Large Institutions – Quarterly, or log in if you are a member.