WEEKLY MARKET DIGEST: OIL OVER $60 ON GERMAN DATA, NEGATIVE INTEREST RATES IN SWEDEN, STOCKS NEAR HIGHS $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. ) 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,