The overwhelming Fed board vote suggests more rate reductions are likely this year. Meanwhile, I continue to like the nuclear power play Centrus Energy Corp. (LEU).

Stocks enjoyed a decent day as tech and semiconductors led the crowd to the upside. Gold hit new all-time highs and silver surged, which is just more confirmation that we’re on the right track to be bullish here.

The USD/JPY retreats after hitting a two-week high of 144.68, sliding some 0.28%.

Yesterday’s PBOC moves felt more like panic than the Fed’s 50bps rate cut.

S&P DJI has announced the launch of the S&P GSCI Minneapolis Wheat and S&P GSCI Composite Wheat. S&P DJI recently acquired the rights to the Minneapolis Grain Exchange (MGEX), on which Minneapolis Wheat futures contracts are primarily traded.

Lumen Technologies (LUMN) has been benefiting massively from the AI fad in recent months, as it has exploded over 600% since July 9!

As gold continues to trade at record highs, traders have gotten extremely long at 57.7%, which is a record high in this series dating back to 1986!