Thursday Thread

As mentioned in yesterday's podcast, I'm going to be out all morning. Here's a new thread with a few things to consider as you make your way through the day.

After the Canadian news yesterday, we'll see what today brings. Overnight, the trend in price was stable to higher and, as I type, both digital PMs are up a little. In fact, CDS is pushing back to where it was yesterday at this time so things really aren't too bad...at least for now.

The key for today will remain the POSX. It's down at present and, amazingly, still battling that main intermediate term trendline...so...

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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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