A Good Day For A Bounce

Comex PM prices are mostly higher this morning and that's a good thing, too. After the past two days, a further decline today would have made it easier to paint the tape and charts tomorrow as we wrap up the month and the quarter.

Of course, this day is far from over and Comex trading has just begun. But we had a nice rally overnight in London and even this burst of economic data was unable to derail things...at least so far.

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Key Economic Events Week of 7/8

7/8 3:00 ET Consumer Credit
7/9 10:00 ET Jerry Hump-Hawk Day 1
7/9 1:30 ET Goon Bowman
7/10 10:00 ET Wholesale Inventories
7/10 10:00 ET Jerry Hump-Hawk Day 2
7/11 8:30 ET CPI and Core CPI
7/11 10:30 ET Goon Bostic
7/11 1:00 ET Goon Musalem
7/11 2:00 ET Federal budget deficit
7/12 8:30 ET PPI and Core PPI
7/12 10:00 ET Prelim UMich

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