Ready For A Break

Who else is looking forward to a three day weekend?

24
Fri, Feb 15, 2019 - 11:32am

If you're like me, you're ready for this week to end as it has been like Groundhog Day....every day has seen virtually identical Comex or Globex selling as The Banks lean on price through their algos. On the bright side, Monday will be better. How do we know? Because the US markets will be closed!

What a frustrating week this has been. You can see it all on the chart below. Note the selling again today...another enforcement of the NEEEE Rule...and this is three days of five this week where all of the hammering came during the trading hours of the primary fraudulent derivative....

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Key Economic Events Week of 5/20

5/20 7:00 pm ET CGP speech
5/21 10:00 ET Existing Home Sales
5/22 2:00 ET FOMC minutes
5/23 9:45 ET Markit PMIs
5/24 8:30 ET Durable Goods

Key Economic Events Week of 5/13

TWELVE Goon speeches through the week
5/14 8:30 ET Import Price Index
5/15 8:30 ET Retail Sales and Empire State Manu. Idx.
5/15 9:15 ET Cap. Ute. and Ind. Prod.
5/15 10:00 ET Business Inventories
5/16 10:00 ET Housing Starts and Philly Fed
5/17 10:00 ET Consumer Sentiment

Key Economic Events Week of 5/6

5/9 8:30 ET US Trade Deficit
5/9 8:30 ET Producer Price Index (PPI)
5/9 10:00 ET Wholesale Inventories
5/10 8:30 ET Consumer Price Index (CPI)

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