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 10/3

10/3 9:45 ET S&P Manu PMI
10/3 10:00 ET ISM Manu PMI
10/3 3:10 ET Goon Williams
10/4 10:00 ET JOLTS
10/4 10:00 ET Factory Orders
10/5 8:15 ET ADP jobs report
10/5 9:45 ET S&P Services PMI
10/5 10:00 ET ISM Services PMI
10/6 8:50 ET Goon Mester
10/7 8:30 ET BLSBS
10/7 10:00 ET Goon Williams
10/7 11:25 ET Goon Kashnkari

Forum Discussion

by vonburpenstein, Oct 6, 2022 - 7:32am
by 11IMIX, Oct 5, 2022 - 5:17pm
by PMtoxopholite, Oct 4, 2022 - 8:06pm