Dow Jones 30 The Dow Jones 30 initially rocketed to the upside during the day on Wednesday, but found enough resistance near the 21,725 level to turn around. Ultimately, everybody pulled back as they were awaiting the FOMC statement. In the end, the statement ended up being more of the same, and now that we … Continue reading Dow Jones 30 and NASDAQ 100 Forecast July 27, 2017, Technical Analysis
As part of the efforts to sharpen its security edge and turn around its fortunes, Cisco announced in May that it was partnering with IBM (IBM) to tackle cybercrime.
The U.S. Federal Reserve, as widely expected, unanimously decided line to raise interest rates this month. Going into the two-day monetary policy meeting which began on Tuesday, traders had put a less than 3 percent chance on rate hike. The Fed also laid out the groundwork to being winding down its massive stimulus program sooner … Continue reading Fed Says Balance Sheet Trimming to Begin “Relatively Soon”