Archives for July 2015

July 2015 - Page 2 of 28 - Money Morning - Only the News You Can Profit From

Dow Jones Industrial Average Moving on XOM and CVX Earnings Today

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U.S. stock futures for Friday, July 31 forecasted an 11-point decline for the Dow Jones Industrial Average as traders continue to gage the Federal Reserve's decision to maintain record-low interest rates and the second-quarter GDP report.

Chinese stocks were down this morning, as volatility continues to hit the nation's markets. Meanwhile, a decline in oil prices is pulling down shares of Exxon Mobil Corp. (NYSE: XOM) and Chevron Corp. (NYSE: CVX) after the companies reported earnings this morning.

Here's everything else you need to know about the Dow Jones today...

This Overlooked Gold Play Could Bring Us 115%

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I love gold right now, not despite, but because of everything that's happened to it this month…

Now, it's true that the "race to $1,000" triggered by the July 20 Asian bear raid appears to have the yellow metal on the ropes.

Television's talking heads (plenty of whom are actually short gold) say that it's "too early to call a bottom," or that gold "has the potential to sink to $700."

Now, I don't expect another 35% dip in gold, but even if they're right, those television pundits are still missing out on one of the year's most lucrative gold opportunities taking shape now.

They're just not seeing what I'm seeing in these charts.

Have a look at this...