WEEKLY MARKET DIGEST: CHINA SPIKES THE PUNCH FOR STOCKS, BONDS, GOLD, OIL, COPPER AND IRON $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. ) POTENT NEW SPIKE TO THE PUNCH November 21, 2014 Overnight, China added a potent new spike to the punch by lowering interest rates and taking a series of measures to stimulate the economy. Gold, oil and stocks are spiking. Our very, very short-term early stock market indicator is positive. Gold futures are at $1201, silver futures are at $16.40, and oil futures are $77.21. S&P 500 resistance levels is 2100; support levels are 2063,