In Friday’s podcast, we discussed the idea that the next two weeks or so could unfold in a manner similar to what we dealt with back in February where a sudden uptick in the economic data led to a surge in rate hike expectations, a rally in the POSX and a drop in the Comex PMs. We dubbed it a “mini-February” event and the idea is gaining some traction already today.
So welcome back to the new week. I hope you enjoyed your weekend and are mentally prepared for a frustrating/challenging week. Recall that Friday’s podcast mentioned that, after seven consecutive red candles, the POSX…
