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TFMR Podcast - Monday, June 24

29

The week began quietly but it won't end that way. In fact, volatility should return tomorrow with Comex option expiration day so be ready for some of the usual shenanigans.

But again, today was pretty quiet. CDG had a total price range of about 0.75% and CDS was barely more than 1%. That's OK, though, and I'll take it.

For today, we use the time to begin to consider the long term significance of a breakout on the quarterly chart. You'll recall that CDG pulled off this feat at the end of 2023 and it is over 12% higher since. A close above $30 in spot silver on Friday will...

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Key Economic Events Week of 12/2

12/2 9:45 ET S&P Manu PMI
12/2 10:00 ET ISM Manu PMI
12/2 10:00 ET Construction Spending
12/3 10:00 ET JOLTS
12/4 8:15 ET ADP jobs report
12/4 9:45 ET S&P Services PMI
12/4 10:00 ET ISM Services PMI
12/4 10:00 ET Factory Orders
12/4 2:00 ET Beige Book
12/5 8:30 ET Jobless Claims
12/6 8:30 ET BLSBS
12/6 10:00 ET Dec Prelim UMich
12/6 10:30 ET Goon Ghoulsbee

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by DeGraives, 1 hour 9 min ago
by mistymorning, 5 hours 18 min ago
randomness