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TFMR Podcast - Tuesday, September 26

45

It feels again like we are stuck in some Twilight Zone episode where there are never any upticks and every day ends with another red candle. Can we break out of this malaise soon? I sure hope so because, like you, I'm likely to lose my mind if this continues much longer.

Just another day where the POSX rose and the HFT algos dumped Comex futures. Prices had held firm overnight but, once Comex opened, the paper selling by The Machines simply overwhelmed the paltry bids and down went Frazier.

Could tomorrow be any better? Maybe. Let's wait for the latest Durable Goods...

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Key Economic Events Week of 12/4

12/4 10:00 ET Factory Orders
12/5 9:45 ET S&P Services PMI
12/5 10:00 ET ISM Services PMI
12/5 10:00 ET JOLTS
12/6 8:15 ET ADP jobs report
12/6 8:30 ET US Productivity
12/7 8:30 ET Initial jobless claims
12/7 10:00 ET Wholesale inventories
12/8 8:30 ET BLSBS
12/8 10:00 ET Prelim UMich Dec.

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