May The Fourth Be With You

The LTs are big Star Wars fans so May 4 has always been a bit of a holiday around Turdfork. The way things began last evening on Globex raised hopes that May 4 would be another sort of holiday, too, but alas, it was not to be.

I guess we'll start there...with where we left off in last night's podcast. The price of CDG was surging into the 5:00 pm ET Globex close and finished at about $2048. But then, for some crazy reason, it opened $8 higher at 6:00 pm and, within about a minute, hit $2083. It was some sort of low-liquidity pop that wasn't destined to last as price was...

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Key Economic Events Week of 9/9

9/9 10:00 ET Wholesale Inventories
9/9 3:00 ET Consumer Credit
9/11 8:30 ET CPI and Core CPI
9/12 8:30 ET PPI and Core PPI
9/12 2:00 ET US .gov budget
9/13 8:30 ET Import Price Index
9/13 10:00 ET Prelim UMich

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