WEEKLY MARKET DIGEST: EARLY ATTEMPTS TO SELL OFF ARE MET WITH BUYING $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. )
EARLY ATTEMPTS TO SELL OFF ARE MET WITH BUYING
May 30, 2014
Early attempts to sell stocks have met with buying.
Gold and silver are drifting lower.
Interest rates are slightly edging up.
Oil is falling.
Gold futures are at $1254, silver futures are at $19.00, and oil futures are $102.80.
S&P 500 resistance levels are 1925 and 1950; support levels are 1900, 1875, and 1950.
DJIA futures are down 22 points.
GDP FALLS, SILVER BREAKS $19 TO THE DOWN SIDE
May 29, 2014
Q1 GDP – second estimate falls 1% compared to consensus of -0.5%. … Please click here or the title below to read more.
June 1, 2014