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28Jul2015 Market Close: DOW Closes Higher, WTI Oil Closes In Support Area, Short Term Indicators Bullish

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Written by Gary

The averages made a nice one percentage point move upward today with the DOW closing up 188 points on enthusiasm from traders that believe all is well in China and oil has reached it low point. Short term indicators are bullish and we will probably see another up day tomorrow, but the longer term indicators are getting rusty in the hinges and starting to squeak.

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What We Read Today 27 July 2015

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

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Every day most of this column ("What We Read Today") is available only to GEI members.

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 more features, analysis, studies, and news published in the last week

Bailey Matthews, 8, With Cerebral Palsy Completes Triathlon

This story will melt your heart. An eight-year-old boy with cerebral palsy was cheered over the finish line as he completed his first triathlon unaided. Bailey Matthews, from Doncaster in the UK, abandoned his walking aid to complete the event. He received a warm reception as, despite several tumbles, he crossed the finish line at Castle Howard, North Yorkshire, in triumph.







Infographic Of The Day: Banish Meeting Boredom - 13 Tips For Better Meetings

What makes a good (and a bad) meeting?

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Video of the Day:

This story will melt your heart. An eight-year-old boy with cerebral palsy was cheered over the finish line as he completed his first triathlon unaided. Bailey Matthews, from Doncaster in the UK, abandoned his walking aid to complete the event. He received a warm reception as, despite several tumbles, he crossed the finish line at Castle Howard, North Yorkshire, in triumph.


video of day picture





FOREX NEWS by DailyForex

Will Fed Hint at Rate Increase at Wednesday Meeting

The big question hanging in the air this week is whether or not the Fed will officially schedule a date for the interest rate increase which it has been predicting for the last few months.

Will ‘Brexit’ Fears Make London Think Twice about the euro?

When we talk about the euro, we usually don’t consider the United Kingdom as a dominant presence in the discussion. After all, despite being a member of the Eurozone group, London has opted to keep the Pound Sterling as her local currency.

IFO Surprises and Lifts Euro

The Euro had been gathering steam and had earlier struck a 2-week peak versus the US Dollar as traders awaited the release on German business sentiment. Germany, as the largest economy in the Euro area, essentially drives the remainder of the Eurozone and largely sets sentiment for the common currency.

Forex Week in Review

Last week saw all of the major markets close lower. Get the fundamental weekly analysis for the currency and commodity pairs for the week of July 27, 2015 here.

FOMC Could Set Stage for 2015

Financial markets usually slow down in the summer. But the coming week could provide some indication of how the rest of the quarter will pan out. The Federal Reserve's monetary policy decision will take center stage and along with the U.S. second-quarter growth report investors should have a better idea of what the rest of 2015 will look like.
 more investing, markets, precious metals & forex

28Jul2015 Market Update: Market Do Well, Oil Higher, Indicators Are Bearish



 more opinion

Why There's Resistance to the Iran Nuclear Deal

Special Report from Money Morning

by Kent Moors, Money Morning

Years ago, when I was doing monthly analysis on Iran's oil and gas industry, one of the biggest quandaries was trying to make market sense out of what came from the leadership in Tehran.

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 USA economy at a glance (boxed items are updates in last 7 days)

Case-Shiller Home Price Index May 2015 Shows Home Prices Rising But Pace Still Not Accelerating

Written by Steven Hansen

The non-seasonally adjusted Case-Shiller home price index (20 cities) year-over-year rate of home price growth was unchanged from last month's 4.9%. The authors of the index say: "Over the next two years or so, the rate of home price increases is more likely to slow than to accelerate".

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