The Week Turns Around

48
Wed, Jan 5, 2022 - 10:42am

As we reminded you back on Monday, the year 2021 began with a rally that was reversed a few days later, setting the tone for a difficult year. The year 2022 began with a smash that has also now been reversed. Is this a good sign for the year ahead?

Well, I wouldn't go that far. However, it certainly is encouraging to see the Comex digital metals rebound and recover from the thrashing they took back on the first trading day of the year. As you can see below, Comex gold has made a full round trip:...

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Key Economic Events Week of 6/27

6/27 8:30 ET Durable Goods
6/27 1:25 ET Jul22 Silver option expiry
6/27 10:00 ET Pending home sales
6/28 10:00 ET Consumer Confidence
6/28 10:00 ET Richmond Fed
6/28 12:30 ET Goon Daly
6/29 8:30 ET Q1 GDP final guess
6/29 9:00 ET Chief Goon Powell
6/29 11:30 ET Goon Mester
6/29 1:00 ET Goon Bullard
6/29 1:25 ET Jul22 Silver off board
6/30 8:30 ET PCE and Core PCE
6/30 8:30 ET Pers Inc and Cons Spend
6/30 9:45 ET Chicago PMI
7/1 9:45 ET S&P Manu PMI
7/1 10:00 ET ISM Manu PMI

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