The week begins with an extension of last week's rally and squeeze, even though the POSX and interest rates were both up today. So could we be getting close to a short-term top? Perhaps we should check the Comex calendar for clues.
The action picks up tomorrow with the latest Producer Price Index and then it really gets going with a retail sales update and multiple Goons later this week. Today's data concerned inflation expectations and these continue to work in our favor.
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