Comex Option Expiration Day

Well, here we are again. It's option expiration day on the Comex again. Luckily, this time around, we don't have a high level of open interest or an obvious sweet spot to contend with. So let's just put this day behind us and begin to focus upon the remainder of the week.

That's not to say that there's nothing else going on this morning. There have been a few Goons out on the prowl and some of their ramblings have moved the markets. For instance, check out Goon Waller, who appears to have moved his base case to zero rate cuts this year....

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Key Economic Events Week of 7/22

7/23 9:45 ET July Flash PMIs
7/23 10:00 ET Existing Home Sales
7/24 10:00 ET New Home Sales
7/25 8:30 ET Q2 GDP first guess
7/25 8:30 ET Durable Goods
7/25 1:30 ET Comex option expiry
7/26 8:30 ET PCE and Core PCE
7/26 8:30 ET Personal Inc and Spend

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