One Note For Friday

by | Jul 16, 2021 | Daily Note | 0 comments

  • S&P futures up 0.1% in Friday morning trading after US equities finished mostly lower on Thursday with growth lagging value for a change.
  • This is the only note to be published today however I posted a holy shit chart that you need to see.
  • Stocks on track to finish mostly lower for the week with energy and consumer discretionary the notable laggards.
  • Asian markets mostly lower overnight with Japan a laggard, down nearly 1%.
  • European markets are off highs and now down.
  • Treasuries are weaker with a bit of curve steepening.
  • Dollar firmer vs yen and euro.
  • Gold off 0.6%.
  • WTI crude up 0.1% but still down over 3% for the week.
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