Nick is Long Everything. In today's episode we discuss:
1. Weekly initial claims report was 6.6 million. Tomorrow we get the non-farm payroll report at 8:30 am by the BLS.
2. Crude oil is bouncing a little today on hopes of the Russia / Saudi Arabia spat ending. Either way, oil demand remains low. China is filling their stategic oil reserves at these levels.
3. Gold is the place to be right now, especially with all the stimulus money around the world.
We'll sum it all up tomorrow, but Nick's best trades for the week so far were calls on the GDX and Silver.
