Technology shares propelled U.S. stocks to all-time highs after Alphabet posted strong results and a jump in Gross Domestic Product failed to deter expectations that the Federal Reserve will cut Interest Rates this week. The Euro traded at a two-year low. The S&P 500 and Nasdaq Composite Indexes hit fresh records as Twitter and Google-parent Alphabet rallied after their sales beat estimates, though Amazon slid on lower-than-forecast earnings. The second-quarter GDP report came in the wake of Thursday’s European Central Bank meeting, where Mario Draghi failed to deliver the dovish signals investors sought. Stocks are hitting all-time highs based on the fact that the GDP report was better than expected and earnings continue to come in better than expected. But you also can see that as rates continue to stay low, people are looking to the Fed to cut.

To mark my 1875th issue of TraderNoble Daily Commentary I am offering a special 2 year rate of Euro 2750 for my Platinum Service which includes 1 to 4 updated emails throughout the trading day To demonstrate this value, a monthly subscription over the same period would cost 4440 euro in total This offer represents a 38% discount and is open to both new and existing members. If anyone is interested in this offer can you please email me on bryan@tradernoble.com for details

For anyone following my Platinum Service it made 28 points last Friday and is now ahead by 1060 points for July, having made 1346 points in June,1722 points in May, 955 points in April, 1027 points in March, 1013 points in February and 1671 points in January. Since I started this New Platinum Service in June 2015 it has averaged a monthly gain of over 1600 points

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