Earnings are here, and there’s an unusual phenomenon occurring. You’ll discover exactly what that is in Guy Cohen’s video today. A few weeks ago, Guy mentioned hesitation about the nature of this earnings cycle, and so far he’s been proven right.
If you’ve been around Guy for any length of time, you’ll notice that sometimes he’s super confident. And sometimes he’s more cautious.
And in this earnings cycle, caution has been key right from the start, even though Guy always has high expectations. And while the markets have trundled up during the first half of this earnings cycle, there is an unusual phenomenon that makes Guy a lot more cautious. As you spend more time with Guy, you’ll also pick up on these things and discover your instincts for the markets improve.
That’s also because you’ll start looking at very distinctive behaviour that is a direct indication of supply and demand in the markets at the leveraged level of activity … i.e where the serious risk-takers are operating …
Watch Today’s OVI Market Review – Unusual Behaviour Means Something Will Have to Give Take Here…
TRUMP OUSTS SCARAMUCCI AS WHITE HOUSE COMMUNICATIONS DIRECTOR AFTER JUST 10 DAYS
President Trump’s headline-grabbing communications director Anthony Scaramucci was shown the door Monday after just 11 days on the job – as retired Gen. John Kelly took command of the White House staff, moving swiftly to impose order on a West Wing gripped for weeks by infighting.
White House Press Secretary Sarah Huckabee Sanders would not confirm reports that Kelly personally requested Scaramucci’s removal — but she made clear that the former Homeland Security secretary now has full control of the staff.
Read More at FOX News Here
Read More at Politico Here
Read More at NY Times Here
IN WAKE OF ‘SHAM ELECTION’, U.S. SANCTIONS VENEZUELAN PRESIDENT MADURO; FREEZES ASSETS
Just one day after a nationwide vote to consolidate Venezuelan President Nicolas Maduro’s hold on power, the U.S. Treasury Department has leveled a new round of sanctions against the regime — this time against Maduro himself.
“All assets of Nicolas Maduro subject to U.S. jurisdiction are frozen,” the department announced in a statement Monday, “and U.S. persons are prohibited from dealing with him.”
The move, which marks only the fourth time the U.S. has imposed economic sanctions on a sitting head of state…
Read More at NPR Here
Read More at CNBC Here
Read More at CNN Money Here
– Monday, July 31st
Markets See Mixed Finish as Tech Selloff Continues
Big Insider Trades
– DuPont Fabros Technology, Inc. (DFT)CFO Jeffrey Foster Sells $4m
– Crown Castle International Corp. (CCI) Director Martin Landis Buys $3m