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TFMR "Podcast" - Monday, November 25

11

Late last week we began to warn that another smash backward was likely with the December expirations this week...and here we are. So what happens next? Well, according to my plan, we'll see some more weakness in the next few days but my hope is that a further drop will hit my targets and allow me to take some trading positions into December.

For today, let's start with some forensic analysis of the price smash that began shortly after the Globex reopen last evening. Was it all just "natural and organic" or was something more nefarious taking place? Please click to expand this X...

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Key Economic Events Week of 11/25

11/25 Comex Option Expiration Day
11/26 9:00 ET Case-Shiller home prices
11/26 10:00 ET Consumer Confidence
11/26 10:00 ET New home sales
11/26 2:00 ET November FOMC minutes
11/27 8:30 ET Durable Goods
11/27 8:30 ET Q3 GDP 2nd guess
11/27 9:45 ET Chicago PMI
11/27 10:00 ET PCE and Core PCE
11/27 10:00 ET Personal Inc ans Spend

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