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Wednesday Conversation - David Brady

47

With all of the current turbulence, what better time than now to pick the brain of one of our favorite technical analysts, David Brady.

Because of my schedule this week, this podcast was actually recorded last Friday, the 18th....which actually makes the content that much more interesting. Why? Because not only do you get to hear what David and I were thinking five days ago, you also get to listen with the benefit of hindsight regarding what has taken place thus far this week.

So what do David an I discuss? These primary topics but plenty of stuff in between, too:

  • The market reaction to the FOMC last week.
  • Was it an over-reaction?
  • Is there a bounce pending?
  • What would it take to get David excited about the bounce?
  • What levels CDG and CDS need to attain to paint a turnaround?

Many thanks to David for going out of his way to spend some time with me last week. Be sure to follow him on Twitter @globalprotrader and always be on the lookout for his free articles each week at the Sprott Money website.

TF

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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