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TFMR Podcast - Tuesday, December 28

55

It was another frustrating CoT Tuesday after prices rallied overnight, only to be smashed backward as soon as Comex trading began.

We were hoping for a brief respite and rally this week...and it may still happen. But today's smashes were so blatant that they reeked of a Bank attempt to keep a lid on price going into the month-end, quarter-end and year-end charts. We'll see. Tomorrow is another day and a drop in the POSX below 96 is still possible as we go through the rest of the week.

For today, just this link and chart below:...

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Key Economic Events Week of 8/8

8/8 11:00 ET NY Fed Inflation Exp.
8/9 8:30 ET Unit Labor Costs
8/10 8:30 ET CPI
8/11 8:30 ET PPI
8/12 8:30 ET Import Price Index
8/13 10:00 ET UMich Consumer Sentiment
8/13 10:00 ET UMich Inflation Exp.

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