Uppo de Mayo

The new week begins with a staunch rally that is being driven by a number of factors, not the least of which is the return of Chinese trading tonight. But it's more than just that and we'll try to clear the picture a little bit this morning.

So, anyway, welcome to Monday. Yours truly has successfully made the roundtrip from Turdfork to Louisville and my wallet made the roundtrip, too, after being down about $500 heading into the big race, only to make it all back with my boy, Sovereignty. Also making a round trip is CDG which, you'll recall was pounded as the Chinese holiday...

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Key Economic Events Week of 5/12

5/12 10:25 ET Goon Kugler
5/12 2:00 ET Monthly Treasury Stmt
5/13 8:30 ET CPI and Core CPI
5/14 9:10 ET Goon Jefferson
5/15 8:30 ET Retail Sales
5/15 8:30 ET PPI and Core PPI
5/15 8:30 ET Philly Fed
5/15 8:30 ET Empire Fed
5/15 8:40 ET Chief Goon Powell
5/15 9:15 ET Cap Ute & Ind Prod
5/15 2:05 ET Goon Barr
5/16 8:30 ET Import prices
5/16 8:30 ET Housing starts
5/16 10:00 ET Prelim UMich May
5/16 4:00 ET NYSE option expiry

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