World Of Wallstreet

Next Week's Interventionals: Stormy Wednesday

The scheduled interventionals have not been doing much lately as the Europe-related situation (and interventionals) have trumped the standard, scheduled interventionals. I expect we'll be back to business as usual next week where the big day is Wednesday (Consumer Price Index). Wednesday around 1:30PM may be a good time if you have been looking for a decent entry into precious metals and didn't want to chase the breakout. The rest of the week is pretty darn quiet as far as scheduled precious metals interventionals go.

Here's my view of next week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold) that I consider noteworthy.

• Mon 9AM, Treasury International Capital - its good to keep an eye on how well capital is flowing into the USA.
• Tues, 8:30AM, Housing Starts - will be interesting to see how this is doing now that the homebuyer credit stimulus program has ended.
• Tues, 8:30AM, Producer Price Index - this was up hard last month (year-over-year). This is worth paying attention to.
  
• Wed, 8:30AM, Consumer Price Index - its always important to keep Gold down on this day as managing inflation expectations is a primary policy goal of the Powers That Be..

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

The scheduled interventionals have not been doing much lately as the Europe-related situation (and interventionals) have trumped the standard, scheduled interventionals. I expect we'll be back to business as usual next week where the big day is Wednesday (Consumer Price Index). Wednesday around 1:30PM may be a good time if you have been looking for a decent entry into precious metals and didn't want to chase the breakout. The rest of the week is pretty darn quiet as far as scheduled precious metals interventionals go.

Here's my view of next week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold) that I consider noteworthy.

• Mon 9AM, Treasury International Capital - its good to keep an eye on how well capital is flowing into the USA.
• Tues, 8:30AM, Housing Starts - will be interesting to see how this is doing now that the homebuyer credit stimulus program has ended.
• Tues, 8:30AM, Producer Price Index - this was up hard last month (year-over-year). This is worth paying attention to.
  
• Wed, 8:30AM, Consumer Price Index - its always important to keep Gold down on this day as managing inflation expectations is a primary policy goal of the Powers That Be..

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

The scheduled interventionals have not been doing much lately as the Europe-related situation (and interventionals) have trumped the standard, scheduled interventionals. I expect we'll be back to business as usual next week where the big day is Wednesday (Consumer Price Index). Wednesday around 1:30PM may be a good time if you have been looking for a decent entry into precious metals and didn't want to chase the breakout. The rest of the week is pretty darn quiet as far as scheduled precious metals interventionals go.

Here's my view of next week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold) that I consider noteworthy.

• Mon 9AM, Treasury International Capital - its good to keep an eye on how well capital is flowing into the USA.
• Tues, 8:30AM, Housing Starts - will be interesting to see how this is doing now that the homebuyer credit stimulus program has ended.
• Tues, 8:30AM, Producer Price Index - this was up hard last month (year-over-year). This is worth paying attention to.
  
• Wed, 8:30AM, Consumer Price Index - its always important to keep Gold down on this day as managing inflation expectations is a primary policy goal of the Powers That Be..

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

• Mon 9AM, Treasury International Capital - its good to keep an eye on how well capital is flowing into the USA.
• Tues, 8:30AM, Housing Starts - will be interesting to see how this is doing now that the homebuyer credit stimulus program has ended.
• Tues, 8:30AM, Producer Price Index - this was up hard last month (year-over-year). This is worth paying attention to.
  
• Wed, 8:30AM, Consumer Price Index - its always important to keep Gold down on this day as managing inflation expectations is a primary policy goal of the Powers That Be..

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

Next Week's Interventionals: Stormy All Week

Last week the interventionals called for sunny all week. This hasn't turned out so great as the very ugly producer price numbers that came out this morning seems to have triggered a gold/silver take-down to hide a real step up in price inflation. 

Next week is looking particularly ugly as:

• the treasury has spent its spike of April 15 tax checks and will be selling something like 60B$ of treasury notes next week.
• Gold and silver options expire on Tuesday.
• there is an FOMC meeting.
• the Q1 GDP numbers come out.

That's the worst I've ever seen as far as predictable interventionals are concerned. I'm looking to close my gold futures and options longs today or tomorrow. I expect I'll keep the SLW Jan 2012 options because they are so illiquid.

Here's my view of next week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold) that I consider noteworthy.

• Mon 1PM, 5-Year TIPS Auction. 
• Tues, Gold/Silver Futures Option Expiration
  
• Tues 1PM, 2-Year Treasury Note Auction. 
• Wed 1PM, 5-Year Treasury Note Auction.
  
• Wed 2PM, FOMC announcement.
• Thurs 1PM, 7-Year Treasury Note Auction.
  
• Fri 8:30AM, GDP.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

Last week the interventionals called for sunny all week. This hasn't turned out so great as the very ugly producer price numbers that came out this morning seems to have triggered a gold/silver take-down to hide a real step up in price inflation. 

Next week is looking particularly ugly as:

• the treasury has spent its spike of April 15 tax checks and will be selling something like 60B$ of treasury notes next week.
• Gold and silver options expire on Tuesday.
• there is an FOMC meeting.
• the Q1 GDP numbers come out.

That's the worst I've ever seen as far as predictable interventionals are concerned. I'm looking to close my gold futures and options longs today or tomorrow. I expect I'll keep the SLW Jan 2012 options because they are so illiquid.

Here's my view of next week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold) that I consider noteworthy.

• Mon 1PM, 5-Year TIPS Auction. 
• Tues, Gold/Silver Futures Option Expiration
  
• Tues 1PM, 2-Year Treasury Note Auction. 
• Wed 1PM, 5-Year Treasury Note Auction.
  
• Wed 2PM, FOMC announcement.
• Thurs 1PM, 7-Year Treasury Note Auction.
  
• Fri 8:30AM, GDP.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

Last week the interventionals called for sunny all week. This hasn't turned out so great as the very ugly producer price numbers that came out this morning seems to have triggered a gold/silver take-down to hide a real step up in price inflation. 

Next week is looking particularly ugly as:

• the treasury has spent its spike of April 15 tax checks and will be selling something like 60B$ of treasury notes next week.
• Gold and silver options expire on Tuesday.
• there is an FOMC meeting.
• the Q1 GDP numbers come out.

That's the worst I've ever seen as far as predictable interventionals are concerned. I'm looking to close my gold futures and options longs today or tomorrow. I expect I'll keep the SLW Jan 2012 options because they are so illiquid.

Here's my view of next week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold) that I consider noteworthy.

• Mon 1PM, 5-Year TIPS Auction. 
• Tues, Gold/Silver Futures Option Expiration
  
• Tues 1PM, 2-Year Treasury Note Auction. 
• Wed 1PM, 5-Year Treasury Note Auction.
  
• Wed 2PM, FOMC announcement.
• Thurs 1PM, 7-Year Treasury Note Auction.
  
• Fri 8:30AM, GDP.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

• Mon 1PM, 5-Year TIPS Auction. 
• Tues, Gold/Silver Futures Option Expiration
  
• Tues 1PM, 2-Year Treasury Note Auction. 
• Wed 1PM, 5-Year Treasury Note Auction.
  
• Wed 2PM, FOMC announcement.
• Thurs 1PM, 7-Year Treasury Note Auction.
  
• Fri 8:30AM, GDP.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

Next Week's Interventionals: Looking Good (Except Wednesday)

This week's interventionals (as of Thursday morning) did not follow my previous post's expectations. The fact that the price of gold has gone up despite treasury auctions, an "expedited" FED meeting,  "Bernanke Speaks" and "Geithner in China" seems significant. It seems to mean that things have changed. I think there is a good chance we are entering a "crazy good" phase similar to last November and have bought Gold and Silver futures accordingly.

Next week's big interventional is the Consumer Price Index, Wed at 8:30 AM. Gold is typically hit to try to make the intentionally underestimated CPI seem plausible. If we are in a "crazy good" phase, gold will go up despite the CPI announcements. We'll see.

Here's my view of next week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold).

• Mon, Not much.
• Tues, International Trade Report - important, but ignored by the masses.
• Wed, 8:30AM, Consumer Price Index.
• Wed, 8:30AM, Retail Sales - this one moves the market, although the announced results seem slanted in a positive direction.
• Thurs, 9:15AM, Industrial Production - a decent economic indicator.
• Fri, 8:30AM, Housing Starts - worth watching. Are housing starts holding up despite the recent upward move in interest rates and the planned end of buyer subsidies and the claimed end of Federal Reserve buying of mortgage debt?

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

This week's interventionals (as of Thursday morning) did not follow my previous post's expectations. The fact that the price of gold has gone up despite treasury auctions, an "expedited" FED meeting,  "Bernanke Speaks" and "Geithner in China" seems significant. It seems to mean that things have changed. I think there is a good chance we are entering a "crazy good" phase similar to last November and have bought Gold and Silver futures accordingly.

Next week's big interventional is the Consumer Price Index, Wed at 8:30 AM. Gold is typically hit to try to make the intentionally underestimated CPI seem plausible. If we are in a "crazy good" phase, gold will go up despite the CPI announcements. We'll see.

Here's my view of next week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold).

• Mon, Not much.
• Tues, International Trade Report - important, but ignored by the masses.
• Wed, 8:30AM, Consumer Price Index.
• Wed, 8:30AM, Retail Sales - this one moves the market, although the announced results seem slanted in a positive direction.
• Thurs, 9:15AM, Industrial Production - a decent economic indicator.
• Fri, 8:30AM, Housing Starts - worth watching. Are housing starts holding up despite the recent upward move in interest rates and the planned end of buyer subsidies and the claimed end of Federal Reserve buying of mortgage debt?

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

• Mon, Not much.
• Tues, International Trade Report - important, but ignored by the masses.
• Wed, 8:30AM, Consumer Price Index.
• Wed, 8:30AM, Retail Sales - this one moves the market, although the announced results seem slanted in a positive direction.
• Thurs, 9:15AM, Industrial Production - a decent economic indicator.
• Fri, 8:30AM, Housing Starts - worth watching. Are housing starts holding up despite the recent upward move in interest rates and the planned end of buyer subsidies and the claimed end of Federal Reserve buying of mortgage debt?

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

This Week's Interventionals: Look For Cover Despite Bullish Technical Outlook

Last week's interventionals went pretty much as expected.The coast was clear and gold moved up nicely.

This week has a big round of treasury auctions and an "expedited" FED meeting. Does "expedited" mean "emergency"? I expect that the treasury auctions will be hard on the general market and will involve a take-down for gold and the "expedited" meeting means more of the same. Based on the interventionals it would be good to take cover until after the 30-year auction Thursday.

The markets being closed on Friday did not allow a good entry for going short the precious metals and I had another very promising short-term trade to make instead not related to precious metals so I am not short even with the bad interventionals. I do not like to short the futures for precious metals because of that play's unlimited potential losses. I prefer to buy put options as a way of going short precious metals. But the options, unlike the futures, are not really tradeable after hours. 

In contrast to the interventionals for this week, the technical outlook for the general market, gold, silver, copper and crude oil are all very positive. I'm expecting the interventionals to carry the day presenting a nice entry point to go long gold and/or silver around 3 PM on Thursday (providing the technicals do not degrade too much during the week).

Here's my view of next week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold).

• Mon, 10:00, Pending Home Sales.
• Mon 11:30, Federal Reserve Closed Meeting held under expedited procedures.
• Mon, 1PM, 10-Yr TIPS Auction
  
• Tues, 1PM, 3-Yr Treasury Auction.
• Wed, 1PM, 10-Yr Treasury Auction.
• Thur, 1PM, 30-Yr Treasury Auction.
  
• Friday, not much.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

Last week's interventionals went pretty much as expected.The coast was clear and gold moved up nicely.

This week has a big round of treasury auctions and an "expedited" FED meeting. Does "expedited" mean "emergency"? I expect that the treasury auctions will be hard on the general market and will involve a take-down for gold and the "expedited" meeting means more of the same. Based on the interventionals it would be good to take cover until after the 30-year auction Thursday.

The markets being closed on Friday did not allow a good entry for going short the precious metals and I had another very promising short-term trade to make instead not related to precious metals so I am not short even with the bad interventionals. I do not like to short the futures for precious metals because of that play's unlimited potential losses. I prefer to buy put options as a way of going short precious metals. But the options, unlike the futures, are not really tradeable after hours. 

In contrast to the interventionals for this week, the technical outlook for the general market, gold, silver, copper and crude oil are all very positive. I'm expecting the interventionals to carry the day presenting a nice entry point to go long gold and/or silver around 3 PM on Thursday (providing the technicals do not degrade too much during the week).

Here's my view of next week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold).

• Mon, 10:00, Pending Home Sales.
• Mon 11:30, Federal Reserve Closed Meeting held under expedited procedures.
• Mon, 1PM, 10-Yr TIPS Auction
  
• Tues, 1PM, 3-Yr Treasury Auction.
• Wed, 1PM, 10-Yr Treasury Auction.
• Thur, 1PM, 30-Yr Treasury Auction.
  
• Friday, not much.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

• Mon, 10:00, Pending Home Sales.
• Mon 11:30, Federal Reserve Closed Meeting held under expedited procedures.
• Mon, 1PM, 10-Yr TIPS Auction
  
• Tues, 1PM, 3-Yr Treasury Auction.
• Wed, 1PM, 10-Yr Treasury Auction.
• Thur, 1PM, 30-Yr Treasury Auction.
  
• Friday, not much.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

Next Week's Interventionals: Coast Is Clear Until Friday

Last week's interventionals went pretty much as expected.

The only big interventional event for next week is Friday's unemployment report. I'm long and strong and green at this point and will raise my trailing stops next week to make sure I end up with a profit on the trades.

Here's my view of next week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold).

• Mon, 8:30, Personal Income And Outlays - Bloomberg thinks its important, but I don't follow it.
• Tues, 9:00, S&P Case Shiller Home Price Index - no biggie.
• Tues, 10:00, Consumer Confidence - no biggie.
• Wed, 8:15, ADP Employment Report - no biggie.
• Thur, 10:00, ISM Manufacturing Index - good economy watching.
• Friday, 8:30, Unemployment Report - they will hit Gold for this, but probably not until Midnight Thursday night.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

Last week's interventionals went pretty much as expected.

The only big interventional event for next week is Friday's unemployment report. I'm long and strong and green at this point and will raise my trailing stops next week to make sure I end up with a profit on the trades.

Here's my view of next week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold).

• Mon, 8:30, Personal Income And Outlays - Bloomberg thinks its important, but I don't follow it.
• Tues, 9:00, S&P Case Shiller Home Price Index - no biggie.
• Tues, 10:00, Consumer Confidence - no biggie.
• Wed, 8:15, ADP Employment Report - no biggie.
• Thur, 10:00, ISM Manufacturing Index - good economy watching.
• Friday, 8:30, Unemployment Report - they will hit Gold for this, but probably not until Midnight Thursday night.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

• Mon, 8:30, Personal Income And Outlays - Bloomberg thinks its important, but I don't follow it.
• Tues, 9:00, S&P Case Shiller Home Price Index - no biggie.
• Tues, 10:00, Consumer Confidence - no biggie.
• Wed, 8:15, ADP Employment Report - no biggie.
• Thur, 10:00, ISM Manufacturing Index - good economy watching.
• Friday, 8:30, Unemployment Report - they will hit Gold for this, but probably not until Midnight Thursday night.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

Next Week's Interventionals: Mid-Week Gold Suppression Coming Right Up

The big interventional event for this week is Thursday's gold and silver option expiration together with the Commodities Futures Trading Commission's precious metals position limits hearing (which I'm hoping to attend). My day-job has had me in-communicado in the lab a lot lately, so I don't think I'll do any trading. If I were trading, I'd be going short Tuesday evening around midnight and covering  and going long Thursday at the close (1:30PM).

Here's my view of next week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold).

• Mon, not much.
• Tues, not much.
• Wed, 8:30, Durable Goods Orders - good for economy watchers.
• Wed, 5-Year Treasury Auction - expect some suppression for this. 
  
• Thu, 8:30, Gold and Silver Options expiration - expect some suppression for this.
  
• Thurs, CFTC Precious Metals Position Limits Hearing
• Thurs, 7-Year Treasury Auction
• Fri, 8:30, US GDP Revision - no one cares about this. I'm expecting a downward revision. 

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

The big interventional event for this week is Thursday's gold and silver option expiration together with the Commodities Futures Trading Commission's precious metals position limits hearing (which I'm hoping to attend). My day-job has had me in-communicado in the lab a lot lately, so I don't think I'll do any trading. If I were trading, I'd be going short Tuesday evening around midnight and covering  and going long Thursday at the close (1:30PM).

Here's my view of next week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold).

• Mon, not much.
• Tues, not much.
• Wed, 8:30, Durable Goods Orders - good for economy watchers.
• Wed, 5-Year Treasury Auction - expect some suppression for this. 
  
• Thu, 8:30, Gold and Silver Options expiration - expect some suppression for this.
  
• Thurs, CFTC Precious Metals Position Limits Hearing
• Thurs, 7-Year Treasury Auction
• Fri, 8:30, US GDP Revision - no one cares about this. I'm expecting a downward revision. 

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

• Mon, not much.
• Tues, not much.
• Wed, 8:30, Durable Goods Orders - good for economy watchers.
• Wed, 5-Year Treasury Auction - expect some suppression for this. 
  
• Thu, 8:30, Gold and Silver Options expiration - expect some suppression for this.
  
• Thurs, CFTC Precious Metals Position Limits Hearing
• Thurs, 7-Year Treasury Auction
• Fri, 8:30, US GDP Revision - no one cares about this. I'm expecting a downward revision. 

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

Next Week's Interventionals: Turbulent Tuesday (FOMC Meeting 2:15PM)

This week's precious metal price movement is working out as forecast last week although the hit started a bit earlier than expected (6:30AM Monday instead of 8:30AM Monday). The treasury auctions consistently result in a harsh down move in the price of gold (the main competitor of long-dated treasury bonds for the preservation of wealth).

The big event for next week is the Federal Reserve FOMC meeting announcement. Its a strategic one being the anniversery of last year's Quantitative Easing (QE) announcement and being the time when the FED forecast the ending of QE. I'm expecting weasel wording making it sound like QE is coming to an end without any actual commitment.

I'm planning on going long gold futures tomorrow around 11AM (when the 30-year auction has completed) and staying long at least until Monday morning. I'm going long in order to ride the bounce back from this week's suppression. They are still buying in India and I'm expecting a bounce Thursday thru Friday and probably Sunday night. I'm not sure whether I'll hold thru Tuesday's expected turbulence.

Here's my view of next week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold).

• Mon, 9:15, Industrial Production - a gauge of the strength of the economy.
• Tues, 8:30, Housing Starts - this is a week point in the economy. I'm currently thinking about finding the right tool to short the housing market for the next six months or so.
• Tues, 2:15, FOMC Announce - who knows what they'll say or what will happen (besides Gov'ment Sachs and F.R. Morgan).
• Wed, 8:30, Producer-Price Index
  
• Thu, 8:30, Consumer Price Index - expect some gold suppression for this.
• Thu, 8:30, Federal Reserve Bank President's speak. 
• Fri, 8:30, Quadruple Witching Options Expiration - leave me a comment if you have any insight on how these usually affect the price of gold.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

• Mon, 9:15, Industrial Production - a gauge of the strength of the economy.
• Tues, 8:30, Housing Starts - this is a week point in the economy. I'm currently thinking about finding the right tool to short the housing market for the next six months or so.
• Tues, 2:15, FOMC Announce - who knows what they'll say or what will happen (besides Gov'ment Sachs and F.R. Morgan).
• Wed, 8:30, Producer-Price Index
  
• Thu, 8:30, Consumer Price Index - expect some gold suppression for this.
• Thu, 8:30, Federal Reserve Bank President's speak. 
• Fri, 8:30, Quadruple Witching Options Expiration - leave me a comment if you have any insight on how these usually affect the price of gold.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

Next Week's Interventionals: Rain Likely, Especially Wed & Thursday

This week's interventional trading is working out quite nicely with the gold future longs I entered into last Thursday showing a very nice profit. The outlook for next week is "Rain Likely" as 3 year, 10 year and 30 year bonds have to be sold.

I expect I'll close out the gold future longs tomorrow at 1:30 to get out of the way of the Friday unemployment numbers customary gold-takedown and go short (by buying puts again) on Monday near the close. Will probably go long gold again after the 30-year treasury auctions next Thursday.

Here's my view of next week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold).

• Mon, Not much happening.
• Tues, 3-year t-bond auction. Takedown may start for this and in preparation for Wed. 
• Wed, 10-year t-bond auction.
  
• Thu, 8:30, International Trade report
• Thu, 30-year t-bond auction.
• Fri, 8:30, Retail sales.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

• Mon, Not much happening.
• Tues, 3-year t-bond auction. Takedown may start for this and in preparation for Wed. 
• Wed, 10-year t-bond auction.
  
• Thu, 8:30, International Trade report
• Thu, 30-year t-bond auction.
• Fri, 8:30, Retail sales.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

Next Week's Interventionals: Sunny With Friday Thundershower

This week's interventionals worked out well with a quite profitable long silver puts trade. I left out last week an important interventional: the COMEX option expiration. Will keep that in mind going forward.

Here's my view of the week's scheduled market events (BOLD CAPs for events which the Gold Cartel traditionally uses as an excuse hit the price of gold). I expect I'll go long some kind of leveraged gold trade (either RGLD options, COMEX gold options or COMEX gold futures today around 1:30) and hold until Thursday evening.

• Mon, 8:30, Personal Income
• Mon, 10:00, ISM Manufacturing Index
• Tue, Motor Vehicle Sales
• Wed, 10:00, ISM Non-Manufacturing Index
• Thu, 8:30, Initial Jobless Claims - gets extra emphasis on non-farms payroll week.
• Thu, 8:30, Productivity And Costs
• Thu, 10:00, Pending Home Sales
• Fri, 8:30, Non-Farms Payrolls (Unemployment) - gold Cartel nearly always hits gold for this report. Next week's report should be particularly bad as the week where the numbers were taken was the blizzard week.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

• Mon, 8:30, Personal Income
• Mon, 10:00, ISM Manufacturing Index
• Tue, Motor Vehicle Sales
• Wed, 10:00, ISM Non-Manufacturing Index
• Thu, 8:30, Initial Jobless Claims - gets extra emphasis on non-farms payroll week.
• Thu, 8:30, Productivity And Costs
• Thu, 10:00, Pending Home Sales
• Fri, 8:30, Non-Farms Payrolls (Unemployment) - gold Cartel nearly always hits gold for this report. Next week's report should be particularly bad as the week where the numbers were taken was the blizzard week.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Sources: I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.The next options expiration date is: 3/25/2010. Here's a link to a good 2010 calendar (click here).

Next Week's Interventionals: Daily Thunderstorms

Here's my view of the week's scheduled market events (focusing on events which the Gold Cartel traditionally uses as an excuse hit the price of gold). I expect I'll trade out a few percent of my portfolio this morning as The outlook is for downward movement of stocks and gold (and upward movement of the USD) as Bernanke testifies twice and the treasury has to sell 100B$ of bonds and bills:

• Mon, 11:00AM, Bernanke Testifies
• Mon, 30 year TIPS and short term treasury bill auction.
• Tues, 2 year treasury auction.
• Wed, 10:00AM, Bernanke Testifies.
• Wed, 5 year treasury auction.
• Thu, 7 year treasury auction.
• Thu, Durable Goods and Order - this is the only economic news that comes out next week that I follow closely (other than the weekly initial jobless claims).
• Fri, GDP Revision - the GDP growth from Q4 will be revised downward (I expect) and the market will be unmoved.

I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

Next Week's Interventionals: Mostly Sunny

Here's my view of the week's scheduled market events (focusing on events which the Gold Cartel traditionally uses as an excuse hit the price of gold). The outlook is mostly sunny with only one interventional event on the horizon:

• Wed 2:30PM, 10 year treasury auctions - The interventional for this is dollar up everything else down.
• NOTE: no unemployment numbers, no inflation numbers, no President speaks or Bernanke speaks.

Not much else coming up on the week's economic calendar:

• Wed 8:30AM, International Trade report. Worth tracking.

I like Bloomberg's economic calendar (click here) and little better than yahoo's (click here) because it covers the treasury auctions. The best one I've found for international is here, but I usually don't have the time to follow it.

Leave me a comment if I'm missing something or if there are better data sources that you know of for this kind of thing.

MontyHigh, www.worldofwallstreet.us

The Week Ahead

Here's how I see the week coming up:

• Monday (Today) - expecting a pop in the S&P, with copper and gold coming along for the ride. I expect I'll increase my copper shorts as late in the day as I can manage (will be offsite today).
• Tuesday - I expect I'll be lightening on my Jr gold miners on Tuesday in preparation for the rest of the week.
• Wed - 5 yr treasury bonds auction. I'm expecting S&P down, copper and gold down, US dollar up, to make those treasuries seem ok.
• Thur - 7 yr treasury bonds auction. More of Wed.
• Fri - GDP numbers come out. Last time the market (S&P, copper, etc) started quite a bullish run over a 3.0 number. Consensus is for 4.5% growth with some calling for 6.5%. Please note that Robry (who was bullish and made me pay attention to the GDP upside last time) remains bullish. I'll have closed my shorts for this. I expect "they" will push gold down for this regardless of how the stock market reacts to the number.

MontyHigh, www.worldofwallstreet.us

P.S., my game would improve if I would publish this before the close on Friday. I guess I'll start trying to do that.