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TFMR Podcast - Monday, January 9

46

After a great week to start the year, the Comex metals looked tired today and in need of a breather. Same goes for the stink market. So we should probably expect more weakness tomorrow, especially with Chief Goon Powell scheduled to speak at 9:00 am ET.

And it just is what it is. As much as we'd like the metals and miners to go UP every day, there are too many forces aligned against them to allow that to happen. So we ebb and flow, taking two steps forward and then one step back.

But none of that matters to the general trend and, as we discussed last week in the...

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Key Economic Events Week of 1/30

1/31 8:30 ET Employment Costs
1/31 9:00 ET Case-Shiller Home Prices
1/31 10:00 ET Consumer Confidence
2/1 8:15 ET ADP jobs report
2/1 9:45 ET S&P Manu PMI
2/1 10:00 ET ISM Manu PMI
2/1 10:00 ET JOLTS
2/1 2:00 ET FOMC Fedlines
2/1 2:30 ET Chief Goon Powell
2/2 8:15 ET ECB rate decision
2/2 8:30 ET Productivity & Labor Costs
2/2 10:00 ET Factory Orders
2/3 8:30 ET BLSBS
2/3 9:45 ET S&P Services PMI
2/3 10:00 ET ISM Services PMI

Forum Discussion

by argentus maximus, 3 hours 1 min ago
by Empire47, 8 hours 52 min ago
by argentus maximus, Feb 2, 2023 - 12:18pm
by argentus maximus, Feb 1, 2023 - 6:09pm
by argentus maximus, Feb 1, 2023 - 5:50pm