A Better CoT Tuesday

Tue, Jan 4, 2022 - 10:39am

Tuesday begins with a bit of a rally, even though interest rates and the POSX are higher again today. The possibility remains that some of the data scheduled for later this week will provide the impetus for a recapture of yesterday's losses.

So here we are on a Tuesday and the Comex metals have not been smashed...yet. As you know, we ended 2021 with a pretty regular series of Tuesday smashes so at least we've got this going for us so far today:...

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Key Economic Events Week of 1/24

1/24 9:45 ET Markit Flash PMIs for January
1/25 9:00 ET Case-Swiller home prices
1/25 10:00 ET Consumer Confidence
1/26 2:00 ET FOMC Fedlines
1/26 2:30 ET CGP presser
1/27 8:30 ET Q4 GDP first guess
1/27 8:30 ET Durable Goods
1/28 8:30 ET Personal Income and Spending
1/28 8:30 ET Core PCE
1/28 10:00 ET UMich 5-yr Inflation Expectations

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