Temeritous Tuesday

It's another weak day on Comex which is pretty much what we expected after reviewing the option open interest yesterday. But it's just a day and it will be over soon enough and then we can turn our focus to the news and events pending for later this week.

If you missed it yesterday, here again is the option open interest chart from late Friday. Note that the clear "sweet spot" is somewhere between $1925 and $1930. Expect price to be pinned into that area into today's option pricing at the Comex close....

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Key Economic Events Week of 5/13

5/13 9:00 ET Goons Jefferson and Mester
5/14 8:30 ET PPI and Core PPI
5/14 9:10 ET Goon Cook
5/14 10:00 ET Chief Goon Powell
5/15 8:30 ET CPI and Core CPI
5/15 8:30 ET Retail Sales
5/15 8:30 ET Empire Fed
5/15 10:00 ET Business Inventories
5/15 12:00 ET Goon Kash-n-kari
5/16 8:30 ET Philly Fed
5/16 8:30 ET Housing Starts
5/16 8:30 ET Import Price Index
5/16 9:15 ET Cap Ute & Ind Prod
5/16 12:00 ET Goon Mester
5/16 1:00 ET Goon Williams
5/17 10:00 ET LEIII
5/17 10:15 ET Goon Waller

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