WEEKLY MARKET DIGEST: LUNACY OF BUYING PRECIOUS METALS ON HIGH YUAN FIX, OIL PEAK AND ICAHN APPLE FLUSH $DIA $GLD $QQQ $SLV $SPY $TBF $TBT $USO
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) GOOD EUROZONE DATA, OIL SEASONALITY, LUNACY OF BUYING PRECIOUS METALS ON HIGH YUAN FIX AND ICAHN FLUSH April 29, 2016 This is what you need to know today. Eurozone Eurozone GDP came at 0.6% vs. 0.4% consensus. Unemployment fell to 10.2%. Inflation fell to -0.2% vs. 0.0% consensus. Euro is strengthening against the dollar. Oil Seasonality As investors get more bullish about oil, it is important to keep in mind that oil market has