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TFMR Podcast - Tuesday, December 28


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 1/24

1/24 9:45 ET Markit Flash PMIs for January
1/25 9:00 ET Case-Swiller home prices
1/25 10:00 ET Consumer Confidence
1/26 2:00 ET FOMC Fedlines
1/26 2:30 ET CGP presser
1/27 8:30 ET Q4 GDP first guess
1/27 8:30 ET Durable Goods
1/28 8:30 ET Personal Income and Spending
1/28 8:30 ET Core PCE
1/28 10:00 ET UMich 5-yr Inflation Expectations

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