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 8/2

8/2 9:45 ET Markit Manu PMI
8/2 10:00 ET ISM Manu PMI
8/3 10:00 ET Factory Orders
8/4 8:15 ET ADP Jobs report
8/4 9:45 ET Markit Service PMI
8/4 10:00 ET ISM Service PMI
8/6 8:30 ET BLSBS

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