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No Bed Of Roses

No pleasure cruise.

35
Fri, Nov 9, 2018 - 10:51am

But we ARE the champions. And we WILL keep on fighting 'til the end.

And though that end seems so far off this morning, this is nothing more than another patience-trying exhibition of bullion bank price manipulation.

Once price was only allowed to rise $50 on the Managed Money short squeeze of three weeks ago...and once price was capped at $1240...it became possible/likely that The Banks would soon move to rig prices back below the 50-day MA in an attempt to draw those same Managed Money spec back into the short side. Last week's spike of $20 gave us hope that perhaps...

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Key Economic Events week of 11/19

11/20 8:30 ET Housing Starts
11/21 8:30 ET Durable Goods
11/21 10:00 ET UMich Sentiment
11/21 10:00 ET LEIII
11/21 10:00 ET Existing Home Sales

Key Economic Events Week of 11/12

11/14 8:30 ET Consumer Price Index
11/15 8:30 ET Retail Sales
11/15 8:30 ET Philly Fed
11/15 8:30 ET Empire State Fed
11/15 10:00 ET Business Inventories
11/16 9:15 ET Industrial Prod and Cap Utilization

Key Economic Events week of 11/5

11/5 9:45 ET PMI Services
11/5 10:00 ET ISM Services
11/6 US Mid-term Election Day
11/8 2:00 ET FOMC Fedlines
11/9 8:30 ET Producer Price Index
11/9 10:00 ET Wholesale Inventories

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