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TFMR Podcast - Thursday, June 8

19

In a welcome development, both Comex digital metals surged higher today on the back of a very weak initial jobless claims number. The bond market rallied and the POSX fell which allowed both metals to reclaim all of their losses from yesterday...and then some.

And now we head into the Friday close with the distinct possibility of green weekly candles for both CDG and CDS. While that may not mean much ahead of the pivotal week next, painting green candles is always preferable to the alternative.

For today, these two links and screenshots:

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Key Economic Events Week of 9/25

9/26 8:30 ET New Home Sales
9/26 9:00 ET Case-Shiller home prices
9/26 10:00 ET Consumer Confidence
9/26 1:30 ET Goon Bowman
9/27 8:30 ET Durable Goods
9/28 8:30 ET Q2 GDP final guess
9/28 1:00 ET Goon Cook
9/28 4:00 ET Chief Goon Powell
9/29 8:30 ET PCE and Core PCE
9/29 8:30 ET Personal Inc and Spend
9/29 10:00 ET UMich sentiment

Forum Discussion

by argentus maximus, Sep 13, 2023 - 12:08pm
by Wade Case, Sep 11, 2023 - 5:55am
by argentus maximus, Sep 7, 2023 - 12:40pm
by argentus maximus, Sep 7, 2023 - 12:36pm