WEEKLY MARKET DIGEST: HOLIDAY RETAIL SALES GET OFF TO A GOOD START
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.)
PRESIDENT OBAMA TO SPEAK
November 30, 2012
President Obama is scheduled to speak later today. Expect the stock market to move up if there is optimism about the fiscal cliff and the market to move down strongly is there is pessimism.
There may be trading opportunities from Obama’s statement. Please stay alert.
Gold futures are at $1725, silver futures are at $34.12, and oil futures are $89.72.
S&P 500 resistance levels are 1424, 1439, and 1444; support levels are 1415, 1410, and 1400.… Please click here or the title below to read more.
December 2, 2012