TF Metals Report Blogs

At Least It's Already Tuesday

Tuesday, September 6, 2022 - 10:21am

The new week begins in America and the only good thing about it is that it's already Tuesday.

So, I hope you had a nice weekend. Like you, I tried to step away a little and keep my eyes off the news but that was impossible. I made it to yesterday before reading about Russia and...

Bring On The Weekend

Friday, September 2, 2022 - 10:53am

It's madness, everywhere. It's also clear that we are entering into even darker times ahead. But, for today, let's check the BLSBS and look for some levels to watch ahead of a 3-day US market holiday weekend.

Let's start with that BLSBS. The absolute "jobs number" came in pretty much...

Crash Landing

Thursday, September 1, 2022 - 10:57am

You've heard a lot about The fed engineering a "soft landing" or maybe a "hard landing" when it comes to the economy. Well, don't look now but it appears they are right on the precipice of rigging a crash landing, instead.

Not so much for the economy...yet...but for "the markets". All...

The Troubles

Wednesday, August 31, 2022 - 11:07am

In yesterday's podcast, we discussed the possibility of breaking long-term support and seeing price descend in a manner similar to 2013. While that's still unlikely, we should probably spend some time today discussing the matter.

I called this post "The Troubles" because that's the...

The Two-Per-Cent Solution

Tuesday, August 30, 2022 - 9:59am

Without much new news to discuss this morning, I thought it was a good time to discuss something that seems to have been lost in the haze of the Goonspeak.

Just yesterday, Goon Kashnkari emphasized his delight in seeing the equity markets fall, all in sympathy with The Fed's attempt to...

The Holiday Rainbow

Monday, August 29, 2022 - 10:14am

The only good thing about this week is that, when it's over, we get a three-day US market holiday weekend. Between now and then, however...

So there's not likely a pot of gold awaiting us on Friday but at least there's an extended weekend. And we're all going to need it, too, after...

Time For A HoleDown

Friday, August 26, 2022 - 9:41am

Within the hour, Chief Goon Powell speaks at the Jackson Hole conference and he's expected to lay out where he thinks his Fed heads from here. Here's a link so you can watch for yourself. What a fun way to spend a Friday!

Jerry is scheduled to speak at 10:00 am ET...or in about an hour...

Another Option Expiration Day

Thursday, August 25, 2022 - 9:16am

Here we are again at Comex option expiration day and though it's not a big day in terms of open interest, you can still see the footprints of The Banks that are actively managing price.

If you were able to listen to yesterday's podcast, then the price action so far this morning shouldn...

Waiting On Mr. Donut

Wednesday, August 24, 2022 - 10:30am

For as long as I can remember, we've referred to the guy who models GDPnow for the Atlanta Fed as "Mister Donut". After a week of horrible to disastrous economic data, we await his latest update today in order to see if he moves his projection for Q3 into negative territory.

As you...

TFMR Podcast - Tuesday, August 23

Tuesday, August 23, 2022 - 3:00pm

Due to my schedule this week, here's another daily podcast that's a bit out of the ordinary. Recorded just last week, this discussion was as fun as it was interesting.

Rob Kientz runs a great website and he's a terrific ally in our fight for free and fair price discovery in the...