Archives for July 2017

July 2017 - Page 5 of 23 - Money Morning - Only the News You Can Profit From

Dow Jones News Today: July's FOMC Meeting Concludes with Interest Rate Update

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The Dow Jones news today features the last day of this month's FOMC meeting and more on the Fed's plan to unwind its massive balance sheet.

Dow Jones futures are up 73 points ahead of another busy day of earnings reports that includes updates from Coca-Cola, Ford Motor Company, and Boeing Co.

Here's a look at today's most important market events and stocks, plus a look at today's economic calendar...

Markets On Hold Ahead Of FOMC Meeting Conclusion This P.M.

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World stock markets were mostly firmer in subdued trading overnight, as the marketplace awaits today's FOMC meeting conclusion. U.S. stock indexes are slightly higher just ahead of the New York day session.

Gold prices are moderately lower today on more profit-taking from the shorter-term futures traders, after recent price gains.

Traders and investors are awaiting the conclusion of the Federal Reserve's Open Market Committee meeting (FOMC) that began Tuesday morning and ends early this afternoon with a statement.

There's Lots of Upside to Take in Shah's Two Most Bullish Picks

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Our Capital Wave Strategist, Shah Gilani, is known for making big, bold predictions. Facebook's meteoric rise after a mediocre IPO, the Dow's rise to 21,000 (he's since predicted 30,000, and we're sure it'll get there), the "Retail Ice Age," and the "Amazon-ization" of America are just a few of his most recent.

Now, admittedly, big predictions are a dime a dozen on Wall Street – and cheaper than that in the financial media.

But there's a really big difference here…

Shah's predictions tend to come true. And they tend to make his readers a ton of money when they do.

For instance, his Zenith Trading Circle readers had a chance to rake in 995% on a single trade because his research showed the grocery chain Kroger was going to tank, and that's just what it did. During the month of May, his recommendations returned 98% on average. 

That's the kind of predictive power we want to harness for our Members, so I sat down with Shah briefly to talk about where he sees two of his biggest, most important calls going this year and beyond.

The phrase "no ceiling" is one you'll want to remember as we get started here...