Ripley Can't Believe It

In a stunning development, the Comex precious metals are actually poised to paint green weekly candles...again...for the second week in a row! Now, it's early and there's still plenty of time left in the day but, after the debacle of the FOMC, it just seems sort of surprising that the week is likely to finish in the green.

So welcome to Friday. Trading continues for another six hours or so but the Comex close is just over four hours away as I type and check out these price levels:...

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Key Economic Events Week of 4/29

4/30 8:30 ET Employment Costs
4/30 9:00 ET Case-Shiller home prices
4/30 9:45 ET Chicago PMI
4/30 10:00 ET Consumer Confidence
5/1 8:15 ET ADP jobs report
5/1 9:45 ET S&P Manu PMI
5/1 10:00 ET ISM Manu PMI
5/1 10:00 ET JOLTS
5/1 2:00 ET FOMC Fedlines
5/1 2:30 ET Jerry's presser
5/2 8:30 ET US trade deficit
5/2 8:30 ET Productivity & Unit Labor Costs
5/2 10:00 ET Factory Orders
5/3 8:30 ET BLSBS
5/3 9:45 ET S&P Services PMI
5/3 10:00 ET ISM Services PMI

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