On 30/07/2021 TraderTalent.com is bringing you another guest post from Bryan Noble.
U.S. Equity Markets remained steady, finishing the day higher led by the Dow with a gain of 0.44%. Jobless Claims surprised to the upside, with another 400,000 individuals having filed for initial jobless claims in the week ending July 24, according to the U.S. Department of Labour. The Bureau of Economic Analysis’ advanced figures showed economic output increased by 6.5% on an annualised basis. Meanwhile, Pending Home Sales fell by 1.9% in June from the month prior, but remained near record levels on a historical basis. European Markets again closed higher. The European Union Economic Chief Paolo Gentiloni noted current budget rules need to be changed to support further growth and stability. The European Commission’s economic confidence data for July reached an all-time high thanks to a recovery in the manufacturing and services sectors. German unemployment figures for July were weaker than anticipated, as rising business demand drove new hires. The European Union’s COVID-19 vaccinations increased to 460.1 million through yesterday, with more than 207.7 million individuals having been fully vaccinated. In Asia, China Securities Regulatory Commission Vice Chairman Fang Xinghai told major investment banks that recent education policies aren’t intended to hurt other industries. Korean smartphone giant Samsung Electronics reported better-than-expected second-quarter revenue, but forecasts chip supply issues will persist through the remainder of the year. Japanese electronics and automobile stocks were bolstered by carmaker Nissan Motor’s announcement that it was increasing its annual forecast. Elsewhere, Oil rose 1.70% after the Energy Information Administration (“EIA”) reported a 2.3-million-barrel decrease in inventories last week, while Gold rose 1.12% on further Dollar weakness.
To mark my 2375th issue of TraderNoble Daily Commentary I am offering a special 2 year rate of Euro 2750 for my Platinum Service which includes 1 to 4 updated emails throughout the trading day To demonstrate this value, a monthly subscription over the same period would cost 4440 euro in total This offer represents a 38% discount and is open to both new and existing members. If anyone is interested in this offer can you please email me on [email protected] for details
For anyone following my Platinum Service it made 130 points yesterday and is now ahead by 996 points for July after making 1366 points in June, 1439 points in May, 1244 points in April, having ended March with an impressive gain of 3769 points, 3286 points in February, 2077 points in January, 2273 points in December, 2025 points in November, 2779 points in October, 3042 points in September and 2383 points in August. Since I started this New Platinum Service in June 2015 it has averaged a monthly gain of over 1600 points
Finally, as Monday is a Bank Holiday in Ireland, I am taking next week off for a well needed break. The Daily Commentary will re-commence on Monday August 9. Any of my calls that are not hit today and are subsequently executed next week, will see me do an updated email for my Platinum Members.
To view the current daily levels commentary (which non-members can only view in older reports) you would need to purchase a Trader Noble Commentary Subscription from US$50/month.