The Tuesday Flip

In Monday's podcast we discussed again all of the pending expirations and how they are likely to keep a lid on prices through next Monday. But then we also mentioned how many weeks in 2025 have begun poorly, only to end well and green...again proving the old TFMR adage. Today's price action comes too early to ease the concern over the expirations but it has definitely left your host with a few questions regarding the path from here to Friday.

So happy Tuesday...a flipping Tuesday as things sure look much more sunny and bright than they did yesterday at this time. What has changed...

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Key Economic Events Week of 4/28

4/29 9:00 ET Case-Shiller home prices
4/29 10:00 ET Consumer Confidence
4/29 10:00 ET JOLTS
4/30 8:15 ET ADP jobs report
4/30 8:30 ET Q1 GDP first guess
4/30 9:45 ET Chicago PMI
4/30 10:00 ET PCE and Core PCE
5/1 9:45 ET S&P Manu PMI
5/1 10:00 ET ISM Manu PMI
5/2 8:30 ET BLSBS
5/2 10:00 ET Factory Orders

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