With TF 10 Comments | 6 Likes It may not feel like it but we actually managed to paint green weekly candles onto the weekly charts of both CDG and CDS. I'll take it! And now we get ready to tackle an odd week ahead with some interesting data, Goons galore and a mid-week US market holiday. But before we can take on next week, we have to wrap...

By TF 13 Comments | 12 Likes Today is one of those days where it seems calm on the surface. It's a summer Friday and everyone is thinking abut the weekend. But when we dig a little deeper, there's a lot going on and some of what's happening might have significant implications. This is not meant to be some sort of dire warning. It's just that...

With TF 7 Comments | 11 Likes You may not be able to listen to every podcast and I certainly understand. We're all busy. However, if you'd listened to yesterday's podcast, you might have been mentally prepared for today. To that end, today's podcast might help to prepare you for what comes next in the back half of this month and next. What...

By TF 7 Comments | 12 Likes After falling through the Fedlines and Jerry's presser, PM prices fell further at the Shanghai open last evening with Jul24 silver briefly trading below its 50-day moving average. Prices have since recovered some of those losses but even weak economic data can't seem to reverse things back to green today. Let's...

With TF 3 Comments | 5 Likes Well, we made it. We survived another FOMC day with our sanity relatively intact. The bad news is that Jerry and his Goons tried to sound all tough and hawkish. The good news is that it will be football season before we have to endure another FOMC with a SEP and a dot plot! So let's just dig right in. After a...

By TF 12 Comments | 9 Likes We knew that today would be volatile...we just weren't sure of the direction. Now that the CPI is behind us and we have seen some pleasant upside volatility, concern shifts to this afternoon's FOMC Fedlines and Jerry presser where downside volatility may return. But let's worry about Jerry later. For now, let's...