The Shifting Sands

It was just last Friday when the Comex PMs bounced, rallied and finished the week at their highs. Yet now, here we are, and it feels again like we're not going to see another uptick for a long, long time. What changed? The trend in the POSX and, with The Machines in charge, that's all it took.

You can feel it too, right? Only three days in yet it feels like we've only just begun another long losing streak where the losses pile up day after day after day. Now, of course, it doesn't have to be this way and things might begin to reverse by later today. But we've just endured such a...

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Key Economic Events Week of 9/25

9/26 8:30 ET New Home Sales
9/26 9:00 ET Case-Shiller home prices
9/26 10:00 ET Consumer Confidence
9/26 1:30 ET Goon Bowman
9/27 8:30 ET Durable Goods
9/28 8:30 ET Q2 GDP final guess
9/28 1:00 ET Goon Cook
9/28 4:00 ET Chief Goon Powell
9/29 8:30 ET PCE and Core PCE
9/29 8:30 ET Personal Inc and Spend
9/29 10:00 ET UMich sentiment

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