Monday/Tuesday

It always feel odd to start the week on Tuesday and here we are again after the US market holiday yesterday. It also feels odd to see prices move higher in a short squeeze rather than the usual smash lower. But again, here we are.

So happy Tuesday everyone and I hope you enjoyed the respite of yesterday. Oh there was still trading occurring but, without the omnipresent US Banks, it was a nice quiet day worldwide. That all changed as early as last evening when the bond market began to crack and the metals began to tumble. Just a nice, boring $4 price range for a day and then BANG...

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Key Economic Events Week of 12/16

12/16 8:30 ET Empire Fed
12/16 9:45 ET S&P flash PMIs
12/17 8:30 ET Retail Sales
12/17 9:15 ET Cap Ute & Ind Prod
12/18 8:30 ET Housing Starts
12/18 2:00 ET FOMC Fedlines
12/18 2:30 ET Jerry presser
12/19 8:30 ET Jobless Claims
12/19 8:30 ET Q3 GDP final guess
12/19 8:30 ET Philly Fed
12/19 10:00 ET LEIII
12/20 8:30 ET PCE and Core PCE
12/20 8:30 ET Personal Inc & Spend
12/20 10:00 ET UMich Dec sentiment

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