(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. )
This is what you need to know today.
Non-Farm Private Payrolls came at 197K vs. 185K consensus.
A short squeeze is starting in gold, silver and bonds.
Short squeeze in oil has ended and now oil is falling like a rock. OPEC failed to take any meaningful steps to prop up oil.
Our very, very short-term early stock market indicator is negative.
The January Effect offers an opportunity to potentially make about 30% in three months. It is a phenomenon that makes prices of certain stocks rise more in January than the market averages.
Over the last 30 years, we have made money from the January Effect about 75% of the time, broken even about 10% of the time, and lost money about 15% of the time. Odds favor that the January effect will be profitable this year.
Let us illustrate with an example of the solar-power stock SunEdison SUNE.
Please click here for an annotated chart of SUNE.
Even though oil prices do not have much to do with solar power, solar-power stocks tend to track with oil.… Please click here or the title below to read more.