PCE Friday Ends The Week

It has been another busy week and it appears that we're going to end it with another set of big green candles for the weekly chart. We can't ask for more than that on a week full of Goons and data. Additionally, the strong week sets us up for an important Monday as both the month and quarter come to a close.

But let's not get ahead of ourselves and let's also not forget to stop and smell the roses. The "liquidity bazooka" news out of China has helped to support prices all week and today's news regarding the PCE and personal income was pretty tame....

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Key Economic Events Week of 1/13

1/13 2:00 ET Monthly Treasury Statement
1/14 8:30 ET PPI and Core PPI
1/14 10:00 ET Goon Schmid
1/14 2:00 ET Beige Book
1/15 8:30 ET CPI and Core CPI
1/15 8:30 ET Empire Fed
1/15 9:00 ET Goon Barkin
1/15 11:00 ET Most-detested Goon Williams
1/15 12:00 ET Goon Ghoulsbee
1/16 8:30 ET Retail Sales
1/16 8:30 ET Philly Fed
1/17 8:30 ET Housing Starts
1/17 9:15 ET Cap Ute & Ind Prod
1/17 4:00 ET NYSE Option Expiration

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