Good morning. US equity futures are broadly higher, SPX +33pts, we’re set to open at 4039. USD is -1.0% at DXY 108.64. The precious metals are significantly higher, Gold +$18, with Silver +1.2%. WTIC is +2.6% in the $85s.
sp’60min
Summary
Yesterday saw a few swings, but there were buyers on each cooling wave, the market settling on a positive note. S/t momentum cooled across the day, settling on the high side.
Overnight futures have been increasingly positive, helped by other world markets. We’re set to open in the 4030/40s… just under green zone.
The more cautious bears will not be taking any positions ahead of the weekend. Some of the bolder bulls will arguably be quietly closing out.
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Early movers
AAPL +0.8%
AMD +1.8%
AMZN +1.2%
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BTU +3.0%, bullish coal!
CCJ +1.7%
CCL +1.5%
CHPT +1.8%
CLF +2.9%
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COIN +5.8%
Bitcoin is +8.7% at $20995… still m/t horror.
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DIS +1.1%
DOCU +16.6%, post earnings jump
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DVN +1.9%
DWAC +4.4%, 3mth extension
F +1.1%
FCX +3.8%, with copper +7cents to $3.59
GOLD +1.7%
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INTC +0.9%
LAC +2.3%
MSFT +1.2%
NVDA +1.3%
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OXY +1.8%
PFE +0.2%
RIG +1.7%
SLB +2.4%
SNAP +1.5%
SPCE -2.7%, Bernstein, $4
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SWBI -4.8%, post earnings depression, as gun sales plummet
TLT +0.5%, as yields cool
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TSLA +1.3%, considering a Lithium refinery in Texas
UAL +1.0%
UNG +2.0%, with Natgas $8.18
UNP -0.9%, as king dollar cools
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VIX -2% in the 22s
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X +3.1%
XOM +1.5%
ZS +14.1%, post earnings jump
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Overnight markets
Asian markets were broadly higher, whilst European markets are very significantly higher…
Japan: +0.5% to 28214
China: +0.8% to 3262
Germany: currently +1.5% at 13097
UK: currently +1.7% at 7385
There is much to be rebranded…
https://www.bbc.co.uk/news/uk-59596996
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Have a good Friday