Wrapping The Week

Well, we seem to have successfully navigated the week...mostly. It was volatile and we had to make it through the FOMC and its aftermath. We've done so reasonably well and it would have been nice to end the week on an up tick, however, today is NYSE option expiration day and you know what that means.

Knowing that today is NYSE option expiration day is why I chose the GLD, SLV and GDX for your Hat Contest back on Monday. Those three began the week at 238.68, 28.02 and 40.09 and, a few minutes into today's NYSE session, they're trading at 240.59, 28.26 and 40.06 so anyone who...

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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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