WEEKLY MARKET DIGEST: CHRISTMAS GRINCH AND LONG WEEKEND EXASPERATE U. S. STOCKS AFTER SHANGHAI BROKE SUPPORT FOLLOWED BY OIL $DIA $GLD $QQQ $SLV $SPY $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. ) CHRISTMAS GRINCH AND LONG WEEKEND EXASPERATE U. S. STOCKS AFTER SHANGHAI BROKE SUPPORT FOLLOWED BY OIL January 15, 2016 This is what you need to know today. Overnight Shanghai broke major psychological support at 3000. Oil followed by breaking major psychological support at $30. The stock market in the U. S. is likely to be exasperated by the Christmas Grinch. The U. S. economy is 70% consumer based. American consumers are known for spending, especially