The Troubles

In yesterday's podcast, we discussed the possibility of breaking long-term support and seeing price descend in a manner similar to 2013. While that's still unlikely, we should probably spend some time today discussing the matter.

I called this post "The Troubles" because that's the term that first came to mind when I thought back to the period of 2013-2018. You'll recall how gnarly and un-fun that was and I'm quite certain that we are NOT falling back into that same fate. However, we must be aware of the possibilities so that we can move to capitalize on brief price changes if...

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Key Economic Events Week of 12/5

12/5 9:45 ET S&P Services PMI
12/5 10:00 ET ISM Services PMI
12/5 10:00 ET Factory Orders
12/7 8:30 ET Productivity
12/7 8:30 ET Unit Labor Costs
12/8 8:30 ET Initial Jobless Claims
12/9 8:30 ET PPI
12/9 10:00 ET UMich inflation exp.

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