Lots of volatility and manipulation this morning and, for once, it's to the upside! But, just as when price is driven downward, this is likely transitory, too. Expect more of the same as we move toward the end of the week.
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Key Economic Events Week of 1/14
1/15 8:30 am ET Producer Price Index
1/15 8:30 am ET Empire State Mfg. Index
1/16 8:30 am ET Retail Sales
1/16 8:30 am ET Import Price Index
1/17 8:30 am ET Housing Starts
1/17 8:30 am ET Philly Fed
1/18 9:15 am ET Capacity Utilization and Ind. Prod.
Key Economic Events Week of 1/7
1/7 10:00 ET ISM Services Index
1/7 10:00 ET Factory Orders
1/9 2:00 ET December FOMC minutes
1/10 Speeches from CGP, Goons Bullard and Evans
1/11 8:30 ET CPI
Key Economic Events Week of 12/31
1/2 9:45 am ET Markit Manu PMI
1/3 10:00 am ET ISM Manu Index
1/4 8:30 am ET BLSBS
1/4 9:45 am ET Markit Serv PMI