👔 Fed Lowers Interest Rates 0.25 Percent

Monitoring unusual trades is a great way to get an idea of what's going on seemingly "behind the scenes" in the financial world.

Good morning. Monitoring unusual trades is a great way to get an idea of what's going on seemingly "behind the scenes" in the financial world. One trade last week was a $1.75 million options bet. The 5,000 contracts weren't for shares of any company, however, but for a commodity: Gold. More unusual was the price point on the contract: $4,000 per ounce. That's almost triple the current price of the metal, and more than double the commodity's all-time high set back in 2011. With the trade ending in June 2021, someone will either be booking a seven-figure loss, or a massive gain. We like gold as a hedge trade, and a triple in this environment seems like a stretch… but a lot can happen in 18 months. Sponsored Content Do You Own ANY 5G Stocks? CNN calls 5G "the lifeblood of the new economy." If you don't invest now, you'll regret it later. Click here for details on the top 5G stock... MARKETS DOW 26,864.27 -1.23% S&P 2,980.38 -1.09% NASDAQ 8,175.42 -1.19% *As of market close • Stocks traded up at the open on modest trade optimism and earnings, but slid to a big loss following comments by Federal Reserve Chair Jerome Powell explaining the interest rate cut.   • Oil prices rose on another large inventory drawdowns, and precious metals traded flat ahead of the Fed, but both fell for the day.   • Cryptocurrencies generally roses, albeit lightly. Bitcoin topped $10,000. Today's TOP TIPS Fed Lowers Interest Rates 0.25 Percent The Federal Reserve cut interest rates on Wednesday by 0.25 percent. It is the first rate cut by the central bank since 2008, when it slashed interest rates to zero. Unlike then, the economy is growing, although it is showing signs of a slowdown. And the rate cut still leaves interest rates above 2 percent, for the time being. » FULL STORY Crude Oil Inventories Make Another Sharp Drop Data from the EIA on petroleum inventories showed a further big drop, with a decline of 8.5 million barrels. While less than the prior week's drop of 10.8 million barrels, the consensus was for a drop of only 2.6 million barrels. Gasoline also fell 1.8 million barrels, beating expectations for a 1.5 million barrel drop. And distillates dropped 0.9 million barrels against an expected gain of 1 million barrels. » FULL STORY Insider Activity: CARBO Ceramics (CRR) On Tuesday, July 30th, Gary Kolstad, President and CEO of CARBO Ceramics (CRR) bought 50,000 shares of his company, paying $53,000. This increased his stake by over 10 percent, bringing his total share ownership in the company to over 512,000 shares. This is the first insider buy at CARBO this year, but Kolstad has been a buyer multiple times in 2018 at far higher prices. » FULL STORY Unusual Options Activity: Advanced Micro Devices (AMD) On Wednesday, shares of Advanced Micro Devices (AMD) dropped following decent, but lackluster earnings. Some traders saw further weakness, as evidenced by a number of bearish options trades following the earnings report. One particularly active option was the September 20th $26.00 put options, expiring about 50 days away. The option saw over 3,100 contracts trade against a prior interest of 174, for a nearly 18-fold increase in volume. » FULL STORY IN OTHER NEWS • Chinese and U.S. officials wrap up in-person trade talks, China seen as waiting for the next move. • A Chinese billionaire is indicted in the United States on an alleged tariff-evasion scheme. • 2019 is on track to be a record year for stock buybacks, with an estimated $940 billion in buys. • An interest rate cut may mean that it's time to sell gold, according to JPMorgan and Barclays. • The beauty product rollout at Dollar General is proving to be a hit. • In real estate, Sting picks up a Manhattan apartment designed by Robert Stern for $65 million. • In tech, selfie app Facetune gets $135 million in funding at a $1 billion valuation. • In earnings, Apple beats and shares rally, but iPhone sales drop 12 percent year-over-year. • General Electric reported a loss, but raised full-year estimates. • Electronic Arts gets an upgrade following earnings, helping to reverse some of the company's July losses. S&P 500 MOVERS TOP MKC 6.814% ULTA 6.12% PM 2.502% V 1.326% NKTR 1.18% BOTTOM ETFC 10.097% SCHW 7.703% XEC 5.415% FANG 5.148% APA 4.771% Quote of the Day While Trump accuses the world's second largest and fastest growing economy of lying, Xi is talking about how China must now rely on domestic demand to manage current "risks and challenges". Xi is making clear he has no intention of pandering to Trump, and sending a clear signal Beijing is prepared for trade war if Trump presses the button - Shard Capital analyst Bill Blain on trade war risks Sponsored Content Wall Street FEEDING FRENZY on 5G SuperStock! One stock just blasted earnings due to "booming 5G demand." The $3 stock is bringing in... get this... $267K per MINUTE! Wall Street is loading up. Get the story on this 5G SuperStock right here.   Not sure the best way to get started? Follow these simple steps to hit the ground running.   › Step #2 - Join Our Premium Advisories: The Next Superstock | Triple Digit Returns | Options Cash Cow   › Step #3 - Connect With The Community: Trading Tips Official Facebook Group   Nothing in this email should be considered personalized financial advice. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. By reading this communication, you agree to the terms of this disclaimer, including, but not limited to: releasing The Company, its affiliates, assigns and successors from any and all liability, damages, and injury from the information contained in this communication. You further warrant that you are solely responsible for any financial outcome that may come from your investment decisions. As defined in the United States Securities Act of 1933 Section 27(a), as amended in the Securities Exchange Act of 1934 Section 21(e), statements in this communication which are not purely historical are forward-looking statements and include statements regarding beliefs, plans, intent, predictions or other statements of future tense. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

This email was sent to phanphuongthanh89.822152@blogger.com by editor@tradingtips.com TradingTips.com | 3435 Ocean Park Blvd. Suite 107-334 Santa Monica, CA 90405 Manage Subscriptions | report SPAM