A New Week

May be better than last week.

Mon, Feb 8, 2021 - 11:08am

After finishing the week well on Friday, we carried that momentum into a strong Monday. The old adage continues to be a part of our early week concerns but the likelihood of keeping things moving higher this week is certainly better than what we faced last Monday.

So we're off to a good start. The digital metals began to rally in London and they have extended their gains onto Comex...even after the usual Machine-driven selling at the NYSE open. What's nice is that CDG and CDS rallied in London DESPITE a rising POSX and rising rates....

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Key Economic Events Week of 5/10

5/11 10:00 ET JOLTS job openings
5/11 12:00 ET Goon Brainard
5/12 8:30 ET Consumer Price Index
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5/12 2:00 ET Federal Budget
5/13 8:30 ET Producer Price Index
5/14 8:30 ET Retail Sales
5/14 8:30 ET Import Price Index
5/14 9:15 ET Cap Ute & Ind Prod
5/14 10:00 ET Consumer Sentiment

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