If you were able to listen to Friday's BwT audio, you may have noticed my concern for how this month might play out. I'm not expecting a crash or even a significant decline. However, after six consecutive green monthly candles, don't be surprised if September ends in the red.
And we're off to a tough start. Prices got hammered for a while Sunday evening, only to recover a bit during the global trade of yesterday. Last night was OK but I still awoke this morning expecting to see CDG and CDS deeply into the red. To my surprise, they were only off $3 and 30¢, respectively. As I...