WEEKLY MARKET DIGEST: STOCKS ROCKET, GOLD AND BONDS FALL ON BLOWOUT EMPLOYMENT REPORT $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. )
STOCKS ROCKET, GOLD AND BONDS FALL ON BLOWOUT EMPLOYMENT REPORT
March 7, 2014
February Nonfarm Payrolls came a 175K vs. 163K consensus and whisper numbers around 120K.
Stocks are rocketing on this much better employment report compared to whisper numbers.
Gold and silver are taking it on the chin.
Interest rates are rising.
Oil attempted to stage a rally but the rally is being met with heavy selling.
Gold futures are at $1336, silver futures are at $20.86, and oil futures are $102.04.… Please click here or the title below to read more.