All three benchmarks are heading toward monthly wins
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| | 7/31/2019 | |
See that volume spike? Somebody just decided to buy a LOT of gold. And I think I know why... it's all about a meeting that's scheduled for July 31. If you own gold (even just a few ounces of it) you've got to see what's happening. The big announcement is just days away. Click here now. | | |
Stocks Drift Higher as Fed Decision Looms | By Patrick Martin | | As July comes to a close, the Dow Jones Industrial Average (DJI) has traded on both sides of the aisle, but was last seen cautiously higher due to a post-earnings surge from Apple (AAPL). Meanwhile, the S&P 500 Index (SPX) also sits just above breakeven at midday, while the Nasdaq Composite (IXIC) is firmly in the black thanks to a tech sector rally. Nevertheless, all eyes are on the conclusion of today's Fed meeting, with the central bank widely expected to cut interest rates. Investors will also be clued in to post-decision remarks from Fed Chair Jerome Powell, set to take the podium at 2:30 p.m. ET. Continue reading for more on today's market, including: - This clean energy stock could soar another 66%, per H.C. Wainwright.
- Advanced Micro Devices stock is reeling after dismal guidance.
- Plus, GrubHub options bears make a short-term wager; 19-year highs for Akamai Technologies; and an ugly quarterly report for Molson Coors.
| >> Continue reading... | |
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