No Jolts Today

On multiple occasions earlier this year, the months JOLTS jobs data has been used to spark a price rally. With both CDG and CDS in sharply oversold territory, I had hoped that today's JOLTS data would have the same effect. Nope. Not today.

And that's fine with me as I was not able to place any trades ahead of the data anyway. Additionally, I'd like to see prices remain down today so that we get a more accurate picture in this week's CoT report. So, whatever. It is what it is. I still expect a sharp squeeze at some point soon....

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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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