Suprise Attack By the Bulls | RICH TV LIVE

Big green day for stocks & crypto markets on the 28th. What does July 29th have in store?

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ROUND-UP OF MARKETS FOR JULY 28TH
Big Green Day in the markets for both stocks and cryptocurrencies. So recession fears right now even though they mount, didn't see that in the markets today. The Dow Jones was up 368 points, Nasdaq up 134 Points and the TSX up 183 points. Bitcoin & Ethereum were also all green and running up big.

NEWS TO LOOK OUT FOR ON JULY 29TH

Canadian News:
GDP month over month numbers, come out with meeting impact in the market. It's the broadest measure of economic activity and the primary gauge of the economy’s health. So it is extremely important that you look at the GDP numbers if you're in Canada.

Apple just reported pretty strong, they are up. Very, very big beat for Amazon and they are surging right now 11% after hours. Intel is down big after reporting after hours. But big earnings overall. We're going to see how that affects the market on the 29th. But so far, especially with Amazon looking very, very exciting. The market may respond to that Amazon news more so than the Intel news. Apple beat, even though very slight, will also be very good for the markets overall.

BITCOIN & ETHEREUM PERFORMANCE
The price of Bitcoin for the one month is very close to the high of the month, right now trading at $24,100. So extremely bullish. If you're in Bitcoin and you're looking to make a trade, this is a great sell zone. Bitcoin is deeply in the green and at the high of the month. Now if you're a long-term investor you will love this and you're just going to hold Bitcoin.

Same thing with Ethereum. You can see the high of the month. Ethereum is now also hitting the high of the month. So this is very bullish for Ethereum. Now if you're in this trade, it is always good to be selling in the green. Ethereum is right now at $1778.

Sell in the green and buy in the red. So, if you've been buying big Bitcoin or Ethereum, when they were on the dip, this is a great time to take profits as they surge, or you can hold until we reach all-time highs.

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PFIZER
Pfizer had a huge revenue beat - $27.7 billion revenue for the quarter. It's a safe zone. They also pay a 3% dividend. It's been an amazing stock even through the toughest market we’ve gone through in 2022. Pfizer held up when the biggest companies have been down, including Apple, Amazon, Google, Bank of America, and all the top banks in Canada. Pfizer is down slightly from their highs, but they've been doing quite well in 2022.

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