Wall Of Red

What a lousy way to start the week. After the Globex shellacking we took on Friday, the selling continued overnight as London was closed for May Day. And then of course, once Comex opened, here came a massive wall of selling.

First of all, Happy Monday. It's MrsF's birthday today so I'm going to try to remain upbeat and positive. And it's worth noting that it's not just the Comex metals that are getting destroyed. It's pretty much the entire commodity sector. Even the grains...lack of fertilizer be damned, I guess....

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Key Economic Events Week of 5/20

5/20 9:00 ET Goon Waller
5/20 10:30 ET Goon Jefferson
5/21 9:00 ET Goon Waller again
5/21 11:45 ET Vice Goon Barr
5/22 10:00 ET Existing home sales
5/22 2:00 ET May FOMC minutes
5/23 8:30 ET Jobless claims
5/23 9:45 ET Flash PMIs for May
5/23 10:00 ET New home sales
5/23 3:00 ET Goon Bostic
5/24 8:30 ET Durable Goods
5/24 9:35 ET Goon Waller again
5/24 10:00 ET Umich final

Forum Discussion

by Patriot Family, May 25, 2024 - 5:46am
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by erewenguy, May 17, 2024 - 1:37pm
by AccidentalTourist, Apr 6, 2024 - 4:01am