"Consumer Prices rise in July, but rate of inflation slows"
Yeah, Nah.
Bullshit.
Fed minutes released next Wednesday will show an increased number
of Federal Reserve Board of Governors favor Taper.
The count of those in favor now stands at 6 up from 2.
Jerome Powell's recent Press Conference demonstrated Inflation is
not going down.
"The increases will...
Despite rising gasoline prices at the pumps, Exxon Mobil did not have a strong Earnings Report. The stock remains in a downtrend, with support at a previous technical low.
SEE has one of the harder tops to identify before the collapse called a Sheer Cliff. The rounding price action occurs because larger lots are carefully selling into rising prices. The Sheer Cliff occurs when buyers disappear. The stock is holding at the gap up support level.
