WEEKLY MARKET DIGEST: MIXED EARNINGS, GOLD STRENGTHENS $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers.)
MIXED EARNINGS, GOLD STRENGTHENS
July 19, 2013
Yesterday after the market close there was an earnings wreck from three important companies, namely MSFT, GOOG, and CYH. This morning there are good earnings from four important companies, namely GE, HON, SLB, and WHR.
Gold is rising on Asian buying ahead of the Japanese elections. The speculation is that the ruling party will win big and print more money.
Gold futures are at $1292, silver futures are at $19.44, and oil futures are $109.08.… Please click here or the title below to read more.