(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. )  ANOTHER DEFLATION DATA POINT, MORE GREEK JITTERS February 20, 2015 Consumer Price Index in Italy fell 0.4% month to month, this is another in a series of deflationary data. Expect volatility in markets on Greece related headlines. In yesterday’s morning capsule, we shared with you that oil would rally if DOE inventory data was not as huge as API  data.  This is exactly what happened.  Of course such moves are temporary. In the yesterday’s morning capsule

(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. )  OIL OVER $60 ON GERMAN DATA February 13, 2015 Brent oil has moved up strongly to $61.33 as of this writing on strong German data.  Growth in Germany came at 0.7% vs. to 0.3% consensus.  Growth in Eurozone came at 0.3% vs. 0.2% consensus. Aggressive buying by the momo crowd in gold and silver continues. Interest rates are range bound. Our very, very short-term early stock market indicator is mild positive. Gold futures are at $1228,