First Call December 16, 2020

by | Dec 16, 2020 | First Call

  • S&P futures up 0.25% and Nasdaq futures up 0.15% in Wednesday morning trading after US equities rallied on Tuesday with upside leadership from energy, utilities, materials, and financials, while both value and growth were up ~1.3%.
  • Bitcoin with new DeMark Sequential sell Countdown 13 (last one saw a 16% drop)
  • S&P futures on day 12 of 13 with DeMark Sequential Countdown
  • Asian markets higher overnight with Taiwan and Hong Kong the best performers while China ended little changed.
  • European markets seeing good gains.
  • Treasuries are unchanged to slightly weaker.
  • Dollar lagging again on the major crosses.
  • Gold up 0.5% after gaining 1.3% on Wednesday.
  • WTI crude little changed after gaining 1.3% on Wednesday.
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