It's another down day for the Comex PMs and I sure hope that this isn't another one of those relentless selloffs that lasts for weeks.
Perhaps the economic data later this morning will help to turn things around? Perhaps. The service sector PMIs for August are due at 9:45 and 10:00 ET. However and as discussed yesterday, the POSX has rallied about a point and a half since the manufacturing sector PMIs were released back on Friday. Those were reported as a "beat of expectations" even though they were well below the previous month. What they did "beat", though, was the intramonth "...
