Red Tuesday

The commodity sector began taking a beating earlier today when China reopened after its "Golden Week" holiday. The PMs played along and were smashed lower last evening, only to recover through the London session. It looked like things might turn out OK....but then the Comex opened.

And by now, you probably know what happened next. It hardly matters that the OPSX is down 10¢ and battling resistance at 102.50. Nope. Comex opened and down we went....

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Key Economic Events Week of 11/4

11/4 10:00 ET Factory Orders
11/5 US Election Day
11/5 8:30 ET US trade deficit
11/5 10:00 ET ISM Services PMI
11/6 9:45 ET S&P Services PMI
11/7 8:30 ET Jobless claims
11/7 2:00 ET FOMC Fedlines
11/7 2:30 ET Jerry Powell presser
11/8 10:00 ET November Prelim UMich

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