Wednesday, August 2, 2017

WEDNESDAY 8/2/17; RBI Rate Decision; BOE Two-Day Policy Meeting Begins; AN; BG; CAH; CG; DLPH; D; EE; EXC; SO; GRMN; GNRC; HUM; IPI; SODA; TWX; ADP Employment Report; Dow Prints 22K First Time in History; Euro Above 1.19; Bitcoin Cash is Created; TSLA; AIG; NLY; BMRN; CAKE; CTXS; DDD; TCS; FIT; RAIL; GDI; IAC; LVLT; KGC; MET; MOH; MUR; NBR; NEU; OXY; PPC; SEP; SQ; SYMC; RIG; WMB; XPO; ZNGA

Aussie and Asia stocks begin trading higher. Global traders are joyous after the Apple earnings release in the States. AAPL is up over +6% to a new record high in late US trading. Apple suppliers in Asia will rally as well as tech stocks in general riding the Apple coattails.





[Purchase the 2017-08 chronology for August's economic and market real-time history including new all-time record stock market highs.]








Altaira strategist Ralph Acampora remains bullish on stocks saying there is “more to come.” Acampora has a Dow 22.9K forecast for this year. He says, “Do not fight the trend.” Acampora recommends energy and commodity stocks. Acampora stands on a soap box and proclaims, “The bull market is not over by any means.”

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