WEEKLY MARKET DIGEST: ROBUST EMPLOYMENT REPORT BUT EARNINGS DROP SPOOKS THE MARKET $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. ) STRONG EMPLOYMENT DATA, BULLISH FOR THE LONG-TERM January 9, 2015 December Non-Farm private Payrolls came at 240K vs. 235K. There is an anomaly in the data, hourly earnings came at -0.2% vs. +0.2% consensus. It is not clear as to what has caused this anomaly. The bull case is based on the strong employment number. The bear case would be made on potential of interest rates rising. In the long-term bulls are likely to