What Comes Next?

41
Tue, Jul 20, 2021 - 10:10am

Well, this should be an interesting day. Over the past few months, the "stock market" has flirted with a sharp decline, only to recover and head higher by the next day. So what happens today will be telling.

So far, many of the other "possible liquidity event" signals remain today. The bond market is up again. The POSX is up again. CDG is up again. And the DJIA is set to open about 100 points higher. However, as recently as an hour ago, the Dow futures were up about 250 so we'll see......

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Key Economic Events Week of 11/29

11/29 10:00 ET Pending Home Sales
11/29 3:00 ET Chief Goon Powell
11/30 10:00 ET CGP and Mother to Capitol Hill
11/30 9:45 ET Chicago PMI
11/30 10:00 ET Consumer Confidence
11/30 1:00 ET Vice Goon Chlamydia
12/1 8:15 ET ADP jobs report
12/1 9:45 ET Market Manu PMI
12/1 10:00 ET ISM Manu PMI
12/1 10:00 ET CGP and Mother to Capitol Hill
12/2 8:30 ET Goon Bostic
12/2 11:30 ET Goon Daly
12/3 8:30 ET BLSBS
12/3 9:45 ET Markit Services PMI
12/3 10:00 ET ISM Services PMI
12/3 10:00 ET Factory Orders

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