WEEKLY MARKET DIGEST: AMERICAN AIR STRIKES ON AMERICAN WEAPONS, MARKETS REVERSE $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. ) AMERICAN AIR STRIKES ON AMERICAN WEAPONS, MARKETS REVERSE August 8, 2014 In a Shakespearean tragedy, last night Obama authorized airstrikes on ISIS militants in Iraq if they move to take Erbil. The three-minute futures chart showing the timing of Obama announcement tells the story of stocks, gold, and oil. In the morning when ETFs started trading, GLD, SLV, SPY, DIA, and USO have traded in line with futures. Please click here for annotated chart of