Today's Podcast

My intention had been to write up a summary of the day's events while at 35,000 feet. And then, of course, my aircraft had an internet outage. So now it's late and time is short.

Today played out in the manner we discussed this morning. I expected some carbon-based traders to start buying once price turned. In fact, CDG got all the way to $1743 and looked to be painting a very nice reversal candle on the daily chart.

But then, here came The Goons...as expected, grasping for any open mic before the pre-FOMC quiet period begins next week....

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Key Economic Events Week of 11/28

11/28 12:00 ET Goon Bullard
11/28 12:00 ET Goon Williams
11/29 9:00 ET Case-Shiller home prices
11/29 10:00 ET Consumer Confidence
11/30 8:15 ET ADP jobs report
11/30 8:30 ET Q3 GDP 2nd guess
11/30 9:45 ET Chicago PMI
11/30 10:00 ET JOLTS
11/30 1:30 ET Chief Goon Powell
12/1 8:30 ET PCE and Core PCE
12/1 8:30 ET Consumer Inc and Spend
12/1 9:30 ET Goon Bowman
12/1 9:45 ET S&P Manu PMI
12/1 10:00 ET ISM Manu PMI
12/2 8:30 ET BLSBS

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