TF's Contributions

Last week was a long week and it sure felt good to make it to Friday. But now, after just two short days of rest, we are right back at it and starting a new week that will be full of surprises. It is what it is so we might as well just jump right in and get started.

I hope you enjoyed...

The long-awaited August jobs report is in and it shows a continuation of the worsening trend of the past few months (and years). Was it enough to make Jerry panic into a 50 basis point fed funds rate cut in two weeks? Maybe.

But make no bones about it, this was another terrible report...

The Comex PMs are bouncing today after a steady stream of positive news since the JOLTS report of yesterday. Will this bounce continue through today's service sector PMIs and tomorrow's BLSBS? Maybe. IF it does, we'll be looking at finally breaking through that $2560 cap.

To begin...

It's a very busy week for data and the hots continue later this morning with the latest update on job openings and quits....the JOLTS. Will the news at 10:00 ET be enough to turn CDG back into the green? We'll know soon enough.

And there's not much else going on today, otherwise. Most...

If you were able to listen to Friday's BwT audio, you may have noticed my concern for how this month might play out. I'm not expecting a crash or even a significant decline. However, after six consecutive green monthly candles, don't be surprised if September ends in the red.

And we're...

The trading month comes to a close today. We have the final PM Fux of the month as well as monthly close for both CDG and CDS. As I type, we're on track for green monthly candles in both but there's still plenty of day left to worry about.

The big and primary news of the day was the...

Seriously. A number that was already way above expectations got revised even higher this morning! LOLOL! But, whatever. It is what it is and, with that, we've successfully navigated the drilling down of expectations for a 50 basis point rate cut next month. That's now behind us so we can move...

A bounce from those 13-month lows in the POSX had led to a selloff across the commodity sector today and the entire board is red. Is this the start of a rally in the POSX and sustained pullback in commodities? Probably not. It's likely just a bounce. But this does make the reaction to Friday's...

Yes, it's that time of the month again. Today is the day that August options on Comex price and expire and Thursday is the day that the front month Sep24 silver goes off the board and into "delivery". As with every Comex option expiration day, you must expect price management into the pricing...

It has been a long day but it ended with good news and a return to Turdfork. In the end, I didn't miss much but here's a new thread with a quick update of the charts.

The best news of the day is that LT#2 is officially out of the hospital and feeling great. This, of course, is a great...

They say that, as you get older, time flies so quickly. As a rapidly aging 58-year old, I'm quite certain that "they" are correct. Case in point, this week brings another round of Comex expirations and end-of-the-month chart painting? Didn't we just do this a week or two ago?

Not only...