Trouble Brewing

Tue, Apr 26, 2022 - 10:52am

Concerns that the global markets are on the verge of some sort of meltdown continue today. For once, at least, the Comex PMs are a little higher but we'll have to see if they can maintain as the day progresses.

As we discussed in yesterday's podcast, my hope was that the S&P would continue to rally and bounce today...simply so that I could short it. It tried to rally above 4300 overnight but failed and it is now dropping again as the NYSE opens. As you can see, it's currently down about 40 points and trying to bounce now that it's after 10:00 EDT. Let's check it again at the...

About the Author

tfmetalsreport [at] gmail [dot] com ()

71 Comments on Trouble Brewing

Subscribe or login to read all comments.

Become member and subscribe to Turd's Vault


Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

Key Economic Events Week of 5/16

5/16 8:30 ET Empire Fed Manu Idx
5/16 9:00 ET Goon Williams
5/17 8:00 ET Goon Bullard
5/17 8:30 ET Retail Sales
5/17 9:15 ET Cap Ute & Ind Prod
5/17 2:00 ET Chief Goon Powell
5/18 8:30 ET Housing Starts
5/19 8:30 ET Philly Fed
5/19 10:00 ET LEIII

Recent Comments

by scoremore, 20 min 36 sec ago
by canary...ex-ancient Egyptian, 45 min 40 sec ago
by scoremore, 1 hour 4 min ago
by scoremore, 1 hour 59 min ago
by scoremore, 2 hours 7 min ago
by mackvorkian, 2 hours 12 min ago