There's not much to add this morning as the remainder of this week will center around Chief Goon Powell and his Fedlines this afternoon.

As we've discussed for weeks, there is ZERO chance of a fed funds rate hike this afternoon and all of the action will center around the verbiage of...

The Comex metals are higher today as Chief Goon Powell kicks off his quarterly clambake. While this is nice, and certainly better than the alternative, it's just noise ahead of the market reaction that will follow tomorrow and Thursday.

But don't get me wrong. All upticks are welcome...

Here comes Chief Goon Powell, in all his glory. Between now and Wednesday there will be some ups and some downs but the real action won't get going until we see those mid-week Fedlines.

In the meantime, I guess it's nice to see green prices on a Monday morning. That's better than the...

"Beware Triple Witching Expirations" would be a modern warning to Julius Caesar. But, with the economic data continuing to be miserable, all of us here have nothing to fear as the week looks to end on an UP tick.

After the shenanigans of yesterday, we discussed the idea that a rebound...

In yesterday's podcast, we discussed the likelihood and necessity of a short term pullback ahead of next week's FOMC. Well here we are. We weren't expecting $15, however, but I guess that's not surprising, either, given the massive increase in open interest this past week.

And The...