Heating Up

Things are heating up across the board this morning. The war in Ukraine, Covid in China, bond market meltdown...you name it...and next week looks for more of the same.

So the good news is that the Comex metals are rallying. Let's start with CDG. The front month Jun22 is near $1950 and now up over $30 on the week. Let's see if we can hold, or even extend, today's gains into the weekly close....

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Key Economic Events Week of 11/4

11/4 10:00 ET Factory Orders
11/5 US Election Day
11/5 8:30 ET US trade deficit
11/5 10:00 ET ISM Services PMI
11/6 9:45 ET S&P Services PMI
11/7 8:30 ET Jobless claims
11/7 2:00 ET FOMC Fedlines
11/7 2:30 ET Jerry Powell presser
11/8 10:00 ET November Prelim UMich

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