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Morning Rundown: Oct 26, 2021

HouseKeeping: We’ve picked up a bunch of Founder subscribers for which we are grateful. A reminder that if Founders have topics they’d like to see discussed, or questions about a topic, shoot us an email or drop a comment. We will oblige.
Good Morning.
The Dollar is slightly softer. Bonds are unchanged. Stocks are up small again. Tesla’s explosion higher yesterday is still echoing in Nasdaq. Gold is slightly lower. We wouldn’t put too much emphasis on Gold moves until data comes out. Options exert larger influence near $1800. Silver is down 11 cents.
We talk about how Silver can move 50 cents now with Gold doing nothing in today’s podcast.. .among other things. The caffeine got to us early. Copper is unchanged to slightly lower. Oil is slightly higher and notable as WTI closes the differential between it and Brent for possibly important reasons for discussion another time. Grains are softer for a change. Crypto is mixed.
Complete Watchlist HERE
Premium Subscribers: The author if this is a colleague of ours for almost a decade. We have collaborated frequently in the past. If you have questions, reach out and we will ask her together. Basically, we have access to a seasoned, eloquent market professional for energy Q and A whenever we like. TX
GoldFix Podcast
Big Trendline comment, 1800 strike behavior, Silver vol, Bond comparison…
Technical Excerpt via MoorAnalytics.com
Bitcoin Brief
ETFs, marketmakers, big macro technical stuff
Guidance
The August FHFA House Price Index is at 9:00 a.m., with September new home sales data at 10:00 a.m. Conference Board Consumer Confidence is also at that time. The Food and Drug Administration advisory panel meets to review giving vaccines to young children. Treasury market participants will gather online today for a symposium hosted by the Alternative Reference Rates Committee ahead of the deadline for shifting away from Libor for new deals. The Senate Commerce Committee’s consumer protection panel hears from social media companies on how they intend to protect teenagers online. -Bloomberg
Zen Moment
Have a good one. This weekend’s GoldFix Premium post will be out Saturday afternoon.
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