Wednesday, July 29, 2015

THURSDAY 7/30/15; CAH; CI; COP; PF; PG; MDLZ; SWK; HOT; TMUS; TWC; VLO; GDP (Gross Domestic Product); LNKD; AMGN; DECK; EIX; FE; YRCW

Asian indexes are set to follow the US lead and trade higher. The dollar strengthens after the Fed decision so gold and other commodities may be under pressure today. Opinions are mixed as to whether the Fed statement is dovish or hawkish. The doves highlight the lack of a direct reference to a September date certain for a rate hike while hawks 






















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Soulcycle files for an IPO. The fitness franchise employs stationary bicycles with trainers where exercise enthusiasts are charged $40 for a 45-minute session. The silly season may be here when a company can install a bunch of stationary bikes in an empty room and then file for an IPO. It is reminiscent of the Pets.com and Webvan.com days of late 1999 as the dotcom bubble peaked and popped.

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