A day full to the brim | TF Metals report

Comex primes bounce back today after a steady stream of positive news since yesterday’s JOLTS report. Will this growth continue through today’s services PMIs and tomorrow’s BLSBS? May be. If it does, we’ll look to finally break that $2560 ceiling.

To start today, we might as well go back to yesterday. The JOLTS report was terrible, and as is the norm these days, last month’s alleged “hit” was revised down to a miss. All of this is a sign of a rapidly weakening US labor market and is pushing the FOMC on a path to multiple rate cuts…